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NRI investments in Indian real estate up by over 6% in FY21: Report
short by Maanya Sachdeva / on Saturday, 10 April, 2021
Non-Residential Indians (NRIs) invested $13.3 billion in the Indian real estate market in 2020-21, according to a new report. The investment volume was up by 6.4% from the previous fiscal year despite weak market sentiment due to the ongoing COVID-19 pandemic. Attractive payment plans, reduction in home loan rates, lower rupee value and a digital push have boosted sales.