NRIs' share in realty market doubles after pandemic

Over the past two years, NRIs have observed the expansion of the Indian real estate market.

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Before the pandemic, NRIs used to account for less than 10% of sales of premium and luxury projects.

Industry experts claim that it has increased to 20%.

The share of NRIs in the sales of premium and luxury products has more than doubled to 20%, industry experts said. The share of NRIs in the sales of premium and luxury products has more than doubled to 20%, industry experts said.

One of the reasons for the higher interest in Indian real estate market by NRIs is the appreciation of the dollar against the Indian rupee, which is making it easier for them to invest in homes in India.