Residential Projects for Sale in Hyderabad

Rising NRI Investments in Indian Real Estate Amid Rupee Depreciation

Though the value of the Indian rupee is depreciating, NRI investments in Hyderabad Real Estate have been on a steady rise. As compared to 2022, a 15% growth has been observed in real estate investments this year. According to real estate experts, the property market is going to see a further flow in the upcoming festival season.

According to IBEF (India Brand Equity Foundation), the Indian real estate market is expected to reach the US$ 1 trillion market size by 2030 and will account for 18-20% of India’s GDP. Further, the market will allure more short-term and long-term NRI investments. 

As the rupee value depreciated due to inflation, investments in gold and stocks have become less appealing. While the global financial markets are still trying to recover after COVID-19, Hyderabad Real Estate is witnessing rapid growth after the pandemic. According to reports, India is now among the list of top ten price-appreciating housing sectors globally, thereby offering a great opportunity for the NRIs in Indian real estate investment.  

Hyderabad Real Estate builders offer irresistible offers and packages to NRI buyers, causing an increased flow of NRI investment in the market. Anarock Middle-East and North Africa MD Morgan Owen exclaimed that compared to the demand of 2022 and 2023, the NRI investments are predicted to increase from 10% to 15%, especially from the Gulf region.  

The NRI investments in DLF projects have been up by 15% to 20%. Their NRI-focused initiatives are another reason for an increase in real estate demand. DLF has also established a dedicated team to communicate with the Indian diaspora abroad. They keep in touch with them, informing them about DLF’s latest developments and offering real-time support in various time zones.  

Owing to this real estate boom, the Residential Projects for Sale in Hyderabad have also increased. The NRIs prefer tech cities like Pune, Hyderabad and Bangalore to invest and settle in after returning to their homeland. Particularly after COVID, the emotional attachment of the NRIs acted as a driving force to invest in Indian real estate. Further, the availability of luxurious properties in these areas has fueled their passion for owning a home in India. According to an Anarock study, during the first six months of 2023, the number of residential units sold in seven main cities across India registered an increase of 2,29,000 units. 

Lastly, technology has played an inevitable part in upsurging the Residential Projects for Sale in Hyderabad. Technology has enabled the NRI investors make an informed decision without visiting the property site. Various prop-tech platforms are making the investing process glitch-free by helping buyers with research, sales, documentation, etc. Online property launches through video conferences have enabled NRI investors to speak directly with the builder, thereby helping them make the right investment choice.