Commercial real estate emerges as a promising asset class amongst NRI investors
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Loading... - Gulika Puri
- 25 Apr 2023
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NRIs are keen on diversifying their investment portfolios and prefer to invest in commercial real estate.
The real estate market in India is experiencing a steady upward trend. Various reports highlight the increased investment flow in the Indian realty sector augmenting the brighter prospects. The latest survey done by SBNRI, one stop platform for NRIs, highlighted the surge in NRI investment in the commercial real estate segment. The study shows that over half of the NRIs surveyed are keen on diversifying their investment portfolios and prefer to invest in commercial real estate.
The survey also predicts a compound annual growth rate (CAGR) of 9.2% for the Indian real estate sector between 2023 and 2028. The surge in interest in commercial real estate investment among NRIs can be attributed to various factors. Gone are the days when residential property was the only lucrative investment option, investors are showing an increased interest in commercial property as well. With the evolving market scenario and the availability of Grade A commercial properties, it has become a highly preferred asset class for NRIs.
Aman Trehan, Executive Director, Trehan Iris, says, “Commercial property investment has always been one of the most preferred investment options. The growing economy, supportive government policies, and the higher return on investment in commercial properties make it a lucrative investment option. NRI investors have also been actively investing in commercial real estate.
The government and the RBI are focused on facilitating the seamless investment process to enhance NRI investment across the commercial realty segment. According to industry reports, the Indian commercial real estate market has seen a significant surge in NRI investments in the last few quarters. The top cities such as Mumbai, Delhi-NCR, and Bengaluru continue to dominate the highest NRI investment share, which reflects the bolstered confidence and strengthened market sentiments.” Read More…
