78% NRIs in ANAROCK survey say real estate tops investment options in India

For an increasing number of NRIs, returning home may no longer be just a choice but a compulsion

Home in homeland 

As per ANAROCK's survey, Consumer Sentiment Outlook, real estate continues to be the favourite Investment option in India for most non-resident Indians (NRIs). The survey found that 78 per cent respondents preferred real estate over other asset classes — stocks, FDs, mutual funds — largely because of the charm of owning a property back in their country of origin. Recent trends suggest that there has been a 15-20 per cent surge in serious NRI-specific inquiries for properties in India over the last one year. While the fall in the Indian rupee is believed to have contributed in renewing