Reasons why NRI should invest in real estate in India

RETIREMENT BENEFITS:

India is gearing up with the system of reverse mortgage. Ageing NRIs that tend to plan their retirement can invest in India and can enjoy the benefits of their property in India.

RENTAL INCOME:

Though 10% TDS has to be deducted by the tenant, the remaining amount can be repatriated under the Foreign Exchange Management Act rules.

PRICE BENEFITS:
Annual real estate appreciates at 10-16% per annum.

LONG TERM RETURNS:
Witnessing an 87% increase in property rates just in the last decade the whole realty sector is estimated to grow at 30% over the next decade This gives you a return which is much higher than what you are spending now.