For non-resident Indian (NRI) investors, Indian real estate has always been a market with enormous opportunities. But post-pandemic there has been a keen interest from the NRI diaspora to invest in the country’s real estate like never before. The penchant to remain connected to their roots is one of the underlying factors which provides motivation to these NRIs. It is further fuelled by factors like appreciation of dollar against the rupee, better capital appreciation in property being witnessed in the country, great rental yields in both residential and commercial. Land reforms, regulations like RERA, the availability of comprehensive end-to-end online services, digitisation of land records have also made the entire buying process more streamlined and seamless.
According to a survey by NoBroker, a prominent prop-tech unicorn, there has been a 35% rise in the investment of NRIs in the country’s residential real estate market over the past few months. “Based on our analysis, we have witnessed that while 35% of NRIs are showing interest for investment purposes, a substantial 65% are opting to buy properties either for themselves or their parents,” says Amit Agarwal, CEO & co-founder, NoBroker.
NRIs are showing increased inclination towards 3BHK and 4BHK units for their spacious living experiences and versatility. Additionally, they prefer gated communities for investment for their enhanced security; and a host of amenities ranging from swimming pools, and well-equipped gyms to large parks, playrooms, centralized maintenance services, and green spaces for calm and peace.
Bu hikaye Outlook dergisinin September 21, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Outlook dergisinin September 21, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
A TRANSFORMATIVE JOURNEY
The LGBTQIA+ community has battled long and hard against deep-set social prejudices and unjust laws and notched up significant victories, but more remains to be done to achieve a just and inclusive world
LANGUAGE & PREJUDICE
In its state of unending flux, language evolves just a semicolon behind changing societal constructs and, therefore, you may now call sex, sex, and queer, queer without causing any social seizures!
CONSENT IS THE CORNERSTONE OF HEALTHY RELATIONSHIPS
Educators can empower the youth by providing them various tools and resources so that they can make informed and empowered choices and cultivate meaningful emotive connections based on reciprocity, love and understanding
WON, BATTLES WARS YET TO BE FOUGHT
Despite major setbacks in courtrooms, the queer movement will soldier and ultimately win because it is quintessentially a battle for love and to live with dignity
EQUITY NEEDED TO HARNESS YOUTH DIVIDEND
India's youth population presents a significant opportunity for an economic surge, but realising this potential requires an equity-oriented approach that addresses the country's vast socio-economic disparities
"WE HAVE REACHED A POINT WHERE WE CAN MAKE A DIFFERENCE TO FUTURE GENERATIONS"
Laxmi Narayan Tripathi is a trailblazing transgender activist who has been instrumental in securing legal rights and changing perceptions of the transgender community.
AWARENESS KEY TO RESPONSIBLE CONDUCT
Programmes that raise awareness and equip the young with guidance and agency to challenge skewed social stereotypes can shake deep-set prejudices, trigger affirmative action, and overturn the status quo
PROTECT YOUTH FROM CYBERSEX CRIMES
Battling loneliness and lacking awareness, India’s youth are sharing much more than what is good for them online and becoming the unwitting victims of crimes ranging from sex tortion to doxing and more. The prevailing laws, unfortunately, are inadequate
"TBBT HAS PUT YOUTH AT THE CENTRE OF THE DISCOURSE 99
Mohammed Asif is Executive Director and Dr Komal Goswami is Chief of Party at Plan International (India Chapter). While Asif leads the organisation’s initiatives in welfare and development for children and equality for girls and women in India, Goswami leads the purposedriven initiatives of Reckitt executed through PLAN India. In an interview with Naina Gautam, they talk about The Birds and Bees Talk (TBBT) initiative, the opportunities, the achievements and the challenges so far. Excerpts:
A RIGHT IN THE MAKING
Though the Supreme Court disappointed the LGBTQIA+ community on the issue of civil union, it hopes that the recent announcements by the Indian National Congress, CPI(M) and BJP will pave the way for a legislative solution to its rights