For years now, real estate investment has been viewed as a safe bet. Non-resident Indians (NRIs) find it lucrative to invest in real estate in India, whether for nostalgic reasons, the related tax benefits, or the exposure that buying Indian rupees provides relative to other currencies, even if they have relocated to a foreign country.
The general consensus among NRIs is that investing in real estate in India is a prudent decision. Throw into the mix the devalued rupee caused by the pandemic and low-interest rates, and it's a good deal.
However, investing in property comes with logistical problems that demand a great deal of time, effort and maintenance. There are many factors to consider, whether it's discovering the ideal property, preparing it, locating the best tenants, or locating a perfect person or expert to manage the property.