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Conflict puts West Asian NRI home buying on hold
Financial Express Bengaluru
|April 16, 2026
WEAK DEMAND
RESIDENTIAL PROPERTY BUYING by nonresident Indians (NRIs) from West Asia has fallen 50-75% as most of them have kept their buying decisions on hold in the wake of the ongoing conflict in the region, said industry stakeholders.
NRIs constitute around 20-22% of the Indian residential market, and NRIs from West Asia constitute 50% of that share. This pause in home-buying does not augur well for the market, which is staring at a slowdown, experts said.
This story is from the April 16, 2026 edition of Financial Express Bengaluru.
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