The drop in property prices, slashed interest rates, stricter regulatory measures, increased transparency and greater consolidation in the real estate sector have been working as a lucrative avenue for NRIs to invest in India. The deal has been sweetened with the recent depreciation to the Indian Rupee. This effectively means that the NRIs now have to shell out lesser to buy a home. Add to this, the uncertainty and opportunities that are looming post-COVID 19 pandemic. The stage is set for more NRIs to own and invest in a property in India.
According to property consultant Anarock, the rupee’s depreciation had been a factor of considerable interest for NRIs considering Indian real estate as a sensible investment option during these volatile times. The fact that the various international brands are considering India over China as their prefered hub for activities, business is set to boom in the country. The NRIs are among the few who enjoy the first-mover advantage. As per various reports, the current NRI investments in India will hit an all-time high of $13.1 billion in FY 21.
Reports say that more NRIs are interested in independent villa projects rather than a crowded apartment project in these troubled times. It is here that projects like Under the Sun by Fortius Infra are in demand. Here’s all you need to know before you get in touch with us.
Under the Sun, By Fortius Infra offers plots in a 30 acre Fruit Orchard in North Bangalore, where custom-designed villas are built. This project is located 5.5 km from the Bangalore International Airport flyover and 2 km from the NH7.
Aligned to the concept of holistic living, the site is 100% Vasthu compliant and in harmony with the elements. With the vast protected lake bed alongside, the community will always nestle in the midst of untouched nature.
The villas are stylish and abound in luxury to suit your jet setting lifestyle. The proximity to the airport is an added advantage making for Under the Sun to be a prime investment for the NRI. Contact us for more details.