From the beginning of the last decade, as the real estate industry in
India really took off with marvellous projects offering world-class
amenities and conveniences, there has been a rapid growth of NRI
investment in India. The main reason for this is that these projects
have all the facilities that homes in first-world countries do and many
more at affordable prices. Also, the inclination of NRIs to invest in
properties India lies in the fact that many non-Indian residents wish to
come back to their own country after the end of their academic career
or retirement.
These facts have thus favoured the growth of some of the best-in-class real estate projects the country has ever seen. If you are an NRI with a dream of owning your own house in your motherland, the real estate market is your oyster. You have perhaps gone through the brochures of the builders and all ready with the cheque to invest in your dream house. But wait, there are a few things that you will have to check before you commit to such a huge investment. What are they?
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