Property has long been the comfort zone for overseas Indians. But as India’s financial markets deepen and new investment avenues emerge, wealth advisers say NRIs may need to think beyond the familiar four walls.
For years, buying a home in India has been almost synonymous with investing for many Non-Resident Indians (NRIs). A flat in Mumbai, Delhi, Bengaluru or another major city has represented not just an investment, but also a tangible connection to the country they left behind.