The Indian residential real estate market is currently booming, and NRIs are increasingly looking to invest in residential projects here. The implementation of RERA has given the sector much-needed accountability and transparency, and this has instilled faith in NRIs. One residential option that NRIs must invest in today is apartments, and given below are the reasons why:
Several options – Every reputed real estate developer in the country is today in the process of developing luxury apartment enclaves. There are several of these projects located in every city, and investors have a variety of choices available to them. Home investors can pick and choose a project that completely meets their personal requirements.
Amenities – Apartment enclaves have several world-class amenities that are provided on the premises. These include clubhouses, swimming pools, and gymnasiums, as well as amenities for health, wellness, fitness, and sports. Investing in these properties will ensure NRIs can avail of the luxurious amenities provided on-site.
Location – Villas and plots are usually located at some distance from the greater city areas, and this might be an inconvenience for investors. Apartment enclaves, on the other hand, are usually located within easy proximity to the city and its many conveniences. These localities have well-developed physical infrastructure, making them easily accessible.
Social Amenities – Investing in apartments will mean easy access to various social amenities, including hospitals, entertainment/shopping areas, and schools. This is of benefit, especially for NRIs who reside in well-developed countries with the most modern amenities available to them.
Income – Located close to the city’s significant areas, the value of apartments usually appreciates quickly. This will ensure a good return on investment for NRIs who are looking at property purely from an investment standpoint. The investors can also earn a tidy rental income from apartments located close to the central areas of the city.
Prestige Group new prelaunch apartment Prestige Park Grove.