The latest objective for nri investments is Bengaluru real estate. Many indians in the US believe that now is a good time to invest in real estate because of the rupee's weakening value. According to recent research, about 40% of US-based NRIs invested in North Bengaluru, making it a particularly alluring destination. This is mostly because to its excellent infrastructure and close proximity to the international airport.
 
Additionally, the IT capital's northern area has a luxury component of its own, which raises real estate values even more. NRIs based in the US have a strong desire for exclusive complexes and villas. And the comfort has a huge cost, as we all know. The cost of real estate in the area ranges from ₹3 crore for a 2,000 square foot apartment to ₹10 crore for an opulent home.
 
The indian diaspora in America is broadening their sources of income, supported by the strength of the US dollar. Most want to rent out the properties for years before eventually selling them to recoup their investment. Ultimately, it appears that North Bengaluru offers the nri population the ideal fusion of luxury, infrastructure, location, and return on investment. For those who want to stay in the city before cashing it out in a few years, the residences may serve as a second home.
 
 
 
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G GOWTHAM

28/01/2025 12:17 PM