Tag: non resident indian

NRI is a less Volatile Market.

For most top property developers in India, the Non-Resident Indian (NRI) is a crucial part of their business. They know that the NRI will always want a piece of his/her homeland, no matter the price and no matter the time. Thus, despite the price rise of 43 per cent to as much as 166 per […]

Double whammy for high-end luxury realty market

The high-end luxury real estate market is facing a double whammy. The demand from domestic buyers has already dried down and now even non-resident Indians (NRIs), who constituted a significant market for luxury real estate developers, are developing cold feet. With the US property market witnessing a correction due to subprime crisis, the NRIs are […]