The Rising Interest of NRIs in Properties in Pune

NRI’s are always on the lookout for real estate investments that offer assured and stable returns on investment. With around 210 software companies in Pune and rising demand of residential apartments, NRI investment in Pune real estate market is growing. Most NRI’s prefer to invest in residential apartments that can earn them handsome rental returns and will also appreciate in value when put for resale.

NRI’s majorly are inclined to invest in luxury homes as well as high end residences in metro cities. NRI investment in real estate has seen a considerable rise in under construction residential projects nearing completion as there are certain benefits associated with that. Non-resident Indian property investors who are focused on good rental income are always on the look-out for projects in areas with sustainable demand from potential tenants.

With regards to residential property, such investors prefer to invest in the projects developed by reputed builders. Easy home loan availability by financial institutions in India, NRI remittances and repatriation procedures has also provided a boost to NRI investment in the real estate segment. NRIs prefer to invest in real estate than any other form of investment largely due to high return on investments.

To mention about the challenges NRI face for investing in real estate, they are not familiar with the locations that work best in favour of residential property investment and also with some legal procedures.  Hence NRI’s ask their relatives or close associates in Pune to co-ordinate with reputed developers and also enquire about brokerages. It is not lost upon the property investors that expecting substantial short-term gains on their investments is unrealistic. 

Such investors are not looking for instant gratification or handsome benefits on investment in a short span of time. They are serious long term investors. Amongst most of the trusted developers in Pune, Naiknavare Developers Pvt. Ltd offers some very good property options for NRI’s to invest in. With experience spanning almost 3 decades and projects in Pune, Navi Mumbai & Goa, Naiknavare Developers Pvt. Ltd is a reliable choice for NRI investors.