Investing in real estate back home – what’s in it for the non-resident Indian? - Niranjan Hiranandani

Investing in real estate back home – what’s in it for the non-resident Indian? – Niranjan Hiranandani

(Niranjan Hiranandani is the founder and managing director of the Hiranandani Group. This article first appeared in Money Control on July 4, 2021)

  • From a wealth-creation perspective, the Covid-19 pandemic and the resultant economic impact across global economies has created opportunities in the real estate sector which make sense for an expatriate Indian to evaluate. Indian real estate has traditionally been a favourite option for the global Indian, and in the post-Covid-19 world, it is even more so – and with good reason. The sentimental aspect is about it being ‘a home, back home’; from an investment perspective, it translates into capital value appreciation along with steady flow of rental income…

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