Indian real estate is at an interesting juncture. While there are headwinds, such as the growing cost of raw materials and increasing loan rates, there is also an increasing interest from the NRIs. A recent survey has revealed that the NRIs are inclining more towards commercial real estate in a bid to diversify their portfolio and maximise their returns. According to a poll conducted by SB NRI, a business that provides investment and consulting services to NRIs, there is an increased desire for real estate investment among NRIs. The survey also points out that over 52% of NRIs are considering investing in commercial real estate (CRE) to diversify their portfolio. This also demonstrates that commercial real estate has become one of the most desired asset classes for NRIs. Along with this, the report has also projected that Indian real estate will witness a healthy growth rate of 9.2 per cent compound annual growth rate (CAGR) during 2023-2028. Bifurcating on the investment portfoli...
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