Property sales are on the rise in Hyderabad, and this has been a constant headline for quite a while. But one thing is obvious from this trend. It has been seen by various realty researchers that NRIs have been showing more and more interest in investing in Hyderabad. While most of them prefer luxury or ultra-luxury properties, some of them are also interested in buying commercial properties.
While most NRIs did invest in Hyderabad for some decades, post-pandemic, they have become more choosy and picky about what they are investing in and where. Almost all of them want a home away from home in their homeland India, and they are ready to splurge on upscale properties, be it apartments or villas.
The main reason for this uptick in sales is that they see it as a risk-free option and one wherein the ROI is pretty high. According to several reports, the demand for realty is at its peak and is driven by end-users. High net worth individuals and NRIs are quite interested in real estate trends in Hyderabad and want to make the most of it.
According to one report, 360 realtors pointed out that NRIs invested $13.1 billion in the financial year 2021, and this is likely to grow by 12 percent to touch $14.9 billion in the financial year 2022. Thanks to this data, many realtors are now looking at constructing projects that cater to the needs and requirements of the NRIs. And this means an emphasis on spacious and smart homes.
New-age technologies are playing a vital role in enabling NRIs to invest in India without physically being present. Fintech has created a one-stop solution for leasing, acquisition, loans, and financial modeling for property financing. The NRIs can now have a 360-degree digital tour of the property. They are also investing in commercial properties as they have a high capital appreciation and rental rates.