Book your dream home at the Gulf News India Property Show

Book your dream home at the Gulf News India Property Show

, organised by Maxpo Exhibitions in association with India’s National Real Estate Development Council (NAREDCO), begins on Saturday, December 10, at the Dubai World Trade Centre, with more than 120 real estate developers participating from across India. Offering unrivalled access to , this two-day event gathers prestigious developers from the residential and commercial real estate value chain, financial institutions, and thought leaders from India. Buoyed by the depreciating Indian rupee, steady capital appreciation and rental yield, a growing number of NRI investors globally are now turning to real estate in India to diversity their assets. And who can deny the emotional value of home ownership for NRIs in the cities of their origin? “There is at least 10-15 per cent increase in demand by the NRIs in the first nine months of this year as compared to the corresponding period in 2021,” Anuj Puri, Chairman at Indian real estate services company ANAROCK Group, tells Gulf News. As per ANAROCK Research, the nine months of 2022 (January-September) saw housing sales of at least 2,73,000 units across the top 7 cities. “On an average, in any given quarter, the share of NRI purchases is anywhere between 10-15 per cent of the total