Non-Resident Indians (NRIs) have significantly increased their investments in Indian real estate, with a 15-20% growth in demand from 2023 to the first half of 2024.
NRIs now contribute 10-15% of total property sales, expected to rise to 20% by 2025. They prefer luxury homes priced over ₹90 lakh, including sky villas and penthouses, reflecting their desire for space, privacy, and high-end amenities. The optimism in India's economy, stricter RERA regulations, and capital appreciation are driving this surge in NRI property purchases.