Planning to buy property in India as NRI? Here's why it might not be a good idea
Non-resident Indians investing heavily in Indian real estate face challenges as properties may not yield expected financial returns or security. Experts warn of obsolescence in older flats, complications with family-gifted properties, and reduced value due to currency depreciation. Managing these illiquid assets from abroad also proves difficult.
Non-resident Indians investing heavily in Indian real estate face challenges as properties may not yield expected financial returns or security. Experts warn of obsolescence in older flats, complications with family-gifted properties, and reduced value due to currency depreciation. Managing these illiquid assets from abroad also proves difficult.
