The last couple of years has seen a rise in NRI investment in commercial real estate. The Indian commercial real estate kept going through a new period of growth, which solid economic fundamentals have backed. The rising urbanization and the development of infrastructure are added advantages.
Factors in favor
The FDI route had also been opened, so more and more retail brands entered the Indian market. These factors favor the NRIs. It must also be counted that the depreciating rupee weight would raise the NRIs acquisition in the sector. With the preface of the RERA, more transparency and accountability have been carried into this sector.
Rising demand
Commercial real estate is consistently in need, and they get rented at high rates. It is a high-rental yield and greater returns investment. Since commercial spaces are taken care of by the staff, it makes investing in the Commercial real estate sector beneficial. Commercial real estate will always grow with new start-ups popping up every day.
Change in Indian currency
There has been a depreciation in Indian currency which has also worked in favor of the NRIs. There is a lot of confidence among NRI customers after enforcing RERA, Government delivering liquidity, and additional relief guidelines for the real estate sector. NRIs saw the golden opportunity and invested in Indian commercial real estate for better returns.
Digital India, Visible India
Digitalization has also impacted commercial real estate by many folds: virtual video tours, video calls, online booking procedures without any physical journey. Luxury houses proposing office bays in homes and smart office components have likewise led to the raised attention of the NRIs in the Indian real estate element.
Overall, there has been a significant rise in commercial real estate and the complete real estate umbrella in the past two years. For more information about the commercial real estate sector in Indore, call – 8889350999
