Indian real estate has not only attracted domestic investors but also enticed young NRI investors for property investment. This segment has become quite favorable for NRIs as it offers various opportunities to invest in the Government real estate investments.

Favorable Policies

A number of investment-friendly policies are introduced by the Government of India to secure maximum foreign investments such as treating non-repatriable investments from NRIs as domestic investments and lowering the minimum built-up area requirement for FDI from 50,000 square feet to 20,000 square feet. NRIs will surely get benefit by these incentives if they invest in these investment-friendly policies of India and eventually the Indian economy can be revived by an increase in investment from young NRIs.

Affordable Pricing

Due to the difference in currency values, investing in Indian real estate is affordable, as NRIs currency value against the Indian currency is more. Now-a-days, even builders are focusing on projects aimed at young NRIs that are in compliance with the Indian real estate investor rules. All these factors, combined, make India a lucrative investment option for young NRIs.

Steady Source of Income

An increasing number of foreigners investing in Indian property in order to secure regular rental income. Countries like India, where more and more people are moving to metropolitan areas in search of better job prospects, leads to an increase in demand for rented properties. As a result, investing in real estate ensures quick-bucks as rental income.

Rooted to the Country

One of the motives why younger NRIs choose to spend money on Indian real estate is to stay connected with the land of their ancestors. No doubt, better salary quotes and higher increase components tempt NRIs to settle overseas for long term however, proudly owning a property in India is constantly an element of significance for them. According to a current survey with the aid of using Sumansa Exhibitions “younger NRIs, elderly among 18 and 35, in UAE account for 43% of investments in Indian actual property segment.”

Promising Prospects of Real Estate in India

According to the reports, Indian real estate sector is anticipated to witness an outstanding boom and expected to attain up to $180 by 2020.  Young NRIs are searching on assets in India with the attitude of long-time period asset funding and unearths it a cash-spinning choice of funding.

With the real estate sector observing tremendous growth, younger NRIs pumping in cash paves a manner to marvelous boom in India’s infrastructure.

No doubt, Real estate sector is a promising marketplace and best for folks who make investments after diligent studies. One want to be successful as an investor because it attracts a massive funding that concludes lifetime earnings. Hence, it’s miles fantastically helpful to keep away from even small errors whilst making an investment in actual property and make the funding best after examining all of the professionals and cons of every project. Avoid errors as mentioned below in order to hit funding in real estate.

Absence of Planning

Right from your investment model to your budget constraint, to make your real estate transaction a profitable deal, you should know the exact purpose of your investment. Pen down your strategy before buying property as an investor.

Hasty Decisions

Real estate positively allures you as a fast path to the material resource however don’t forget that it involves an enormous quantity of investment and one wrong call might finish you up with losing your hard-earned cash in one go. In depth analysis is needed to be disbursed in classifying the good class of asset. With the power of risk tolerance, one shouldn’t forget to evaluate the long-term prospect of any property to speculate in.

Avoid Over-Priced Property

With lack of analysis, one may end up over-paying the costs for a property and therefore, the angle of immediate profits gets blocked till the property starts doing higher within the market. To avoid such state of affairs, elaborate analysis shall be done for the valuation of properties in neighborhood to the property you select to take a position in to access its actual value.

Miscalculations

Avoid turning your asset into liability by marinating a decent income to hide its maintenance. Just in case you’re aiming to obtain a property for renting, make sure you have a correct budget that considers its different maintenance prices also to avoid hassles on later stages.

Restricting Your Transaction

It is always suggested to “hatch your eggs in different baskets”. Completing a lot of transactions at same time helps you in leverage with hunting down uncertainties to an extent. However due caution is needed to undertake with wide eye open for every deal.

Lack of Research

Before processing any form of massive financial transaction, one must keep an update of its trends via news and other channels of information. A project may sound profitable initially however with the reversing market trends, it can lose its vital features. So, to seize a terrific deal, indulge yourself into active discussion with other investors as well.

Missing Out Strategies

Every investment in real estate is formed with a view of fixing it as a supply of financial gain via rental or to sell it to grab the profit margins on its appreciated price. Sometimes, due to unforeseen market circumstances, one may find both the options not as promising as expected. Then how to go about? Under such circumstances, try and get rid of your losses by selling off your property at marginal profits to avoid monthly maintenance prices. One should diligently work-out on such out-of-box methods to avoid loses.

Investment in property could be a full-time job for a few, whereas alternative suggests it as a part-time job. But, with these preventative measures, one will avoid the risk to an excellent extent.