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If unsure, stick to top builders: Boxes NRI home buyers need to tick

Rising risks due to stagnant prices, high inventory levels & low rental yields can hurt interest

Sanjay Kumar Singh 

In the past few years, Indian builders have been known to hold property shows all across the world between January and March. These shows are held to attract non-resident Indians (NRIs) into buying property in India. And a falling rupee against the dollar, down 26.5 per cent in five years, makes buying more attractive for NRIs.  According to Square Yards, a consultancy that deals with NRI investors, the total investment by NRIs in the primary residential market in India's top eight cities stood at $9.6 billion in 2016. The consultancy expects this figure to touch ...

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