NRI – Non Residential Indians – people related to
India by, origin, descent, race or culture. There are NRI’s all over the world,
at every nook and corner. An NRI might’ve gone out of India for various
reasons, but always would come back to their homeland one way or another. Most
people would like to enjoy vacations, or even retire back in India.
If you’re such an NRI, this blog is exactly for you.
Buying property in India isn’t a piece of cake. This
is a congested market and making the right choices might be difficult with the
amount of assorted options available. Also, the cities aren’t a peaceful place
to enjoy a nice quiet vacation, or a peaceful retirement too.
The value of real estate in India, is seeing more
depreciation, than appreciation, all thanks to the current economic depression.
In simple words, a dingy apartment in a crowded city isn’t worth the time and
investment.
That’s it – everything that was to be said, has been
said. Real estate in the plains is not worth it anymore.
Wait – Real estate in the PLAINS?
Yes! Plains! It’s not really worth it – especially for
an NRI. Then? Which type of real estate could be ideal?
H-I-L-L S-T-A-T-I-O-N PROPERTY!
Hill stations are the most
beautiful places on earth and India isn’t to scarce of them. There are various
beautiful Hill stations in India, such as Shimla, Mussourie, Darjeeling, Ooty,
Kodaikanal, Coorg, Munnar, Gudalur, Nilgiris, Kolli Hills, etc. that you could
take a vacation at.
How can hill station property be the ideal choice of real estate for an NRI?
i. High
Demand, High value
Hill station properties and space is in high demand, because,
the Hill Station real estate laws are stringent and the space available is low.
There are many complications and complexities in buying or constructing
property on the hill terrain. Thus Hill Station property are always of high
value and regard in the real estate domain, and would definitely fetch good
appreciation of capital.
ii. Gives
you a high and mighty status in society.
Because of the rarity of people owning hill station property,
the beauty of the hills and the high demand and value of property in hill
stations, being an owner of one would give you a high, royal and classy status
in the society.
iii. Revenue
through Rental
The world, with its fast pace is becoming stressful to many
and going on a vacation would definitely help in rejuvenating. This is known by
many nowadays, and thus there are better and higher opportunities to rent out
your hill station home to tourists and vacationers. This brings us to the next
point.
iv. A
great place to spend a peaceful vacation
While Yoga, meditation can relieve stress, a nice calm break
from the speed and the stress would rejuvenate – rejuvenation is always better
than just relief. Hill stations are thus an ideal choice for a rejuvenatingvacation, with its closeness to nature, the cool climate and the pristine views
and water bodies – Our minds cool as we read this, don’t they?
v. Retire
to peace, at your motherland.
NRI’s
lead stressful lives, living at one country, traveling back and forth to their
homeland and such, and thus they deserve a peaceful retirement home, in their
motherland. One might very well live in a peaceful hill station abode, rather
than stressing out at the plains.
A home in the hills surely does have its own benefits,
that would be the best to an NRI’s interest, but being able to buy one at ease,
by oneself is going to be a near impossible task - for instance property buying in Ooty, or any other hill station, is restricted by local laws and land and construction complexities.
To take you to your dream home in
the hills, through services such as property buying, selling, construction
support, rental assistance, renovation and monitoring, Hills & Wills, a
premium property management company exclusive to hill stations is the right
place to go. Buy peace, as you please.
