News – Page 17 – Services For NRI

Southern cities account for nearly 68% share of senior living housing market in India: Report

A report by JLL titled The Rise of Senior Living Market in India has said that the independent living units dominate existing supply with 84 percent market share and 2 BHK units account for around 43 percent of the present senior living supply https://www.moneycontrol.com/news/business/real-estate/southern-cities-account-for-nearly-68-share-of-senior-living-housing-market-in-india-report-11743351.html

Bengaluru crowned top pick for NRI investments: NoBroker

Bolstered by a cosmopolitan culture, world-class educational institutions and a thriving startup ecosystem, the rental yield in Bengaluru has risen substantially, making it a good investment destination, the report reasoned. https://www.deccanherald.com/business/bengaluru-crowned-top-pick-for-nri-investments-nobroker-2761018?utm_source=whatsapp&utm_medium=referral&utm_campaign=socialshare

Ongoing festive season may cross residential sales of 1.5 lakh units, set new record

The report said that luxury housing segment in India comprising units priced at Rs 4 crore and above maintained strong sales momentum, registering a 97 percent Y-o-Y increase in January to September 2023 period. https://www.moneycontrol.com/news/business/real-estate/ongoing-festive-season-may-cross-residential-sales-of-1-5-lakh-units-set-new-record-11696111.html

NRI investments to make up for 20% of India’s real estate sector investments by 2025: Report

As NRIs continue to invest in the Indian real estate market with a growing interest in long-term investments, it is estimated that they will make up 20 per cent of the country’s real estate sector investments by 2025, according to proptech unicorn NoBroker. https://www.thehindubusinessline.com/news/real-estate/nri-investments-to-make-up-for-20-of-indias-real-estate-sector-investments-by-2025-report/article67508941.ece

Surge in senior living projects marks a transformative shift in Indian real estate

As India’s population continues to age, investing in senior living projects is not only a wise choice but also a crucial step in meeting the evolving needs of our senior citizens and ensuring their well-being in their golden years. https://www.financialexpress.com/money/surge-in-senior-living-projects-marks-a-transformative-shift-in-indian-real-estate-3284180/