Past decades statistics reveals, a huge Indian population
have migrated abroad creating a niche in various disciplines. Despite their
physical presence beyond borders to earn a living, undoubtedly India is the
nucleus of their mind and soul. Hence, as a conventional investment strategy
NRIs invest in India for three major reasons – to anchor their roots in
homeland, the attractive investment benefits offered by the financial
institutions and nevertheless to contribute to Indian economy. Apart from these
reasons, a survey conducted from a reliable source reveals a statistical
summary - 1. 38% long for a golden retirement phase, the dissatisfying
lifestyle conditions urges 2. 36% of the NRI population to seek a return and
nearly 3.26% decide for personal issues.
Although, there are many wealth management strategies
such as investment in fixed deposits, mutual funds, government securities,
bonds etc., residential property investment is the best and wise investment.
Some of the underlying reasons are establishing a hold in home land on return,
to enjoy a serene, relaxed retirement life back home and the increase in market
value of fixed assets yielding considerable revenue to reap the worthwhile benefits
of investment.
A Reliable 2018 statistical analysis reveals that 13 billion USD out of a total worth of 80 billion USD investments was from real estate
business sector. Also, forecasts for 2022 states nearly 30% to 35% of the
total NRI investments is expected from the real estate sector. This truly motivates
the NRIs interested in residential property investment in India.
It is vivid that investment in hill
stations is the most preferred investment by NRI, Ooty and Kodikanal being the
widely sought after destinations for the most prominent reasons of Hill
Stations being a shadow of western countries especially and sophisticated,
serene lifestyle being common reasons for all NRIs aborad. Amongst the realtors,
Hills and Wills offers reliable service to NRIs seeking a residential property
in Ooty and Kodaikanal. Be cautious while taking a decision to buy a property
in Ooty or buy a property in Kodaikanal. Hills and Wills also offer service to
sell a property in Ooty or Kodaikanal. Trust in a reliable partner to invest in
the real estate in Ooty or Kodaikanal shall undoubtedly yield worthwhile
benefits for your hard earned money.
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