As the festive season approaches, NRI investments, particularly from the Gulf region, increases. Leading developers in major cities prepare to woo expat buyers with appealing packages that include price discounts, dedicated inventory, simultaneous worldwide launches of premium projects, and specialized property selection advice. The convergence of factors such as the ongoing Ukraine-Russia, Eurasia, Isreal-Gaza conflict / churning and OPEC’s oil production taps has led to a boom in Middle East oil economies, resulting in increased disposable income among expatriates.”
This anticipated surge in NRI investment during the festival season is expected to have a positive impact on real estate market. It drive sales and foster growth in the sector, reflecting the confidence that NRIs have in the stability and potential of real estate market.