NRIs prefer real estate investment in India
The Indian economy has been growing at a steady rate for the last few years. Despite the challenges and the pandemic, India has been able to hold its positioning. Therefore, it is no surprise that the NRIs are also investing in the Indian market. There has been a steady uptick in the investments by the Non-Residents. While there are a lot of instruments that they are toying, real estate is emerging as a preferred choice. According to a recent report by 360 Realtors, NRI investments in Indian real estate amounted to $13.1 billion in 2021. The same report pegs that in 2022, the investment will swell by 12 per cent.
The target segment is primarily looking for super luxury, premium projects in places that are well connected. Having lived in global destinations, they are looking for sites that offer the same lifestyle and experience. Favourable weather conditions and closeness to nature are other factors that some NRIs are looking at when investing in real estate.
With a robust infrastructure and social fabric, Goa has consistently ranked in the top places for NRI and Indians to invest in. Most people looking for a second home consider Goa as a good option. Expats and tourists love the weather and culture of the place. It is also considered a quaint and happening place at the same time.
The sale of luxury properties and premium houses in well-established townships is on the rise in Goa due to the growing interests of NRIs. Axis Ecorp, which has established itself as a builder of repute in the Goa market, has been offering many exciting options targeting the NRIs. Its projects, Axis Blues, Axis Yog Villas, and Axis Lake City, boast top-class construction. They also offer world-class facilities that NRIs fall in love with the moment they step in. Situated close to Chipi, and MOPA international airport, these places provide ease of access.
Given that these are all serviced apartments is another reason why NRIs prefer them. They never have to worry about maintenance or stocking the home. They just need to arrive, and everything will be ready for them just as they would like it.
So have you checked out these fantastic properties from Axis Ecorp as yet?
