What Happened
Non-resident Indians investing heavily in Indian real estate face challenges as properties may not yield expected financial returns or security.
Why It Matters
Experts warn of obsolescence in older flats, complications with family-gifted properties, and reduced value due to currency depreciation.
Key Details
- Managing these illiquid assets from abroad also proves difficult.
Background Context
Non-resident Indians investing heavily in Indian real estate face challenges as properties may not yield expected financial returns or security. Experts warn of obsolescence in older flats, complications with family-gifted properties, and reduced value due to currency depreciation. Managing these illiquid assets from abroad also proves difficult.
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Source: Times of India – Original Link
Source: Times of India
