Why NRIs should invest in Indian real estate right now

The coronavirus outbreak has taken away several lives and has brought the entire world to a halt. Along with an excruciatingly saddening economic impact, the epidemic has brought about a whole new perspective for a myriad of global industries. While it has negatively affected the official and shopping complexes, we can note that, on the brighter side, it has brought about a considerable profit for warehouse workers, thereby expanding the need for work-from-home spaces.

Real Estate in India 

When it comes to the outbreak’s impact on India, specifically, the industry of online shopping has encountered a massive evolution. Due to the extended increase in the demand for household accessories and other shopping essentials, India is trying to find ways to build up the economy maximally. Furthermore, since the outbreak has brought about a whole new lifestyle change amongst every individual in India, the industry of logistics real sector is working at an ever-rising speed. A study from ProLogis suggests that the need for real estate could expand globally by over 150-200 million square feet every year in each country, for over three years. This gives an upper hand to investors to improve their stakes and adhere to their property asset class.

An opportunity for NRIs 

While the COVID-19 pandemic may have left several industrial sectors feeling uncertain, it might pique your interest that the real estate industry may not only benefit itself but is a real-time-opportunity for NRI investors. NRIs now have a very significant chance of exploring the Indian real estate industry. While lockdowns and social isolation have promoted work-from-home, it has unquestionably left people thinking about how much space they may need for accommodating home and work equipment. 

With the unprecedented rise in COVID-19 cases, most people, along with being worried about how to survive the pandemic, are also looking into factors of paying rent and other expenses in the long-run. Here is where Home Loan EMIs come in. Home loan EMIs offer investors an authentic and long-time chance at investing in properties that interest them. Here are some of the sectors that are now gaining peak popularity. We must all channel our savings in these necessities amidst the pandemic and even post it:

• Mutual funds and Bank deposits 
• Essential metals 
• Equities 
• Real estate 

Real Estate – Why is it a necessity? 

The feasibility of an individual estate as an investment asset is now higher, more than ever. Many NRIs are currently exploring different Indian properties at the luxury of sitting at their home while engaging with the relaxant channel partners and developers. Several experts have studied the growth of the real estate industry as a whole. You might be stunned to know that the Indian real estate players have gained robust efficiency and profit and are consistently encountering a colossal expansion, thanks to the NRI investors. 

In an excruciatingly devastating time like this, NRIs, more than anyone, need to invest in real estate to secure their living entirely. Several quality projects have started exploring NRI investors who are genuinely looking forward to investing in their properties. A recent survey conducted by Anarock suggests that over 48% of respondents decided to go with residential real estate properties as their suitable investment option. Also, 50% of respondents were quite keen and much more interested in investing in real estate properties now, during the pandemic. 

QuikrHomes is a pioneer in the innovation of the most streamlined, cost-effective, and user-friendly services. We understand the criticality of the current pandemic and offer only the most beneficial services to its existing and prospective customers. In an attempt to help every individual connect with the most suitable sellers and buyers online we have just launched Gruhapravesham, a month-long online property expo.

Gruhapravesham, India’s biggest property show jointly organized by QuikrHomes , CommonFloor.com and Indiaproperty.com is going online for the first time ever! Time has never been better for NRIs to buy that dream home in India, as it’s raining offers from India’s leading builders. Visit the page to avail exciting deals from India’s leading builders.