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  • Business Standard

India calling: NRI investments in Indian real estate have doubled

After the Covid-19 pandemic, the share of non-resident Indians (NRIs) in the Indian property market has doubled and almost 20 per cent of the sales for many real estate developers are now coming from outside the country, according to a report in The Economic Times.

The share of NRIs in the sales of premium and luxury products has more than doubled to 20 per cent, industry experts said. Before the coronavirus pandemic, NRIs used to account for less than 10 per cent of sales.

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