Non-resident Indians (NRIs) in Dubai are looking forward to investing in both residential and commercial properties in India to secure their future in their home country and for a sustained passive income.
The property buyers who visited the India Real Estate Show 2022 22 May ’22, said that this is high time for NRIs who will come back to India in the next few years to settle down in their home country to ensure a sustained income.
Imran, who has been a Dubai resident over the last 15 years, visited the exhibition to gain knowledge about the investment opportunities in commercial projects in India.
I look forward to investing in the commercial projects. Although, the Indian real estate sector is a bit slow at this point post-pandemic, but it will definitely boom over the next few years because the population is doubling at a rapid growth rate. I think both commercial and residential projects will grow.Imran added.
He recommends that NRIs in Dubai who want to settle in India in a few years should invest in real estate in the country now.
You get a passive income on a monthly basis when you own a property here. If you have a plot as an investment, it is a dummy investment until you sell it or build something on it and rent it out.Imran
Having lived in Dubai for a long time, Imran wants to have an independent house with a gated community with wide range of facilities.