{"id":53538,"date":"2025-03-17T16:28:03","date_gmt":"2025-03-17T10:58:03","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=53538"},"modified":"2025-03-17T16:28:45","modified_gmt":"2025-03-17T10:58:45","slug":"realtors-target-nris-as-domestic-sales-slow","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/realtors-target-nris-as-domestic-sales-slow\/","title":{"rendered":"Realtors Target NRIs as Domestic Sales Slow; India\u2019s Market to Reach US$ 5-7 Trillion by 2047"},"content":{"rendered":"
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As India\u2019s real estate market faces a slowdown, developers are looking for ways to boost their sales. One of the key avenues they are turning to is the growing interest from Non-Resident Indians (NRIs). <\/p>\n\n\n\n

With their strong purchasing power, mainly fueled by the depreciation of the Indian rupee, NRIs are increasingly looking to invest in luxury properties in India. This growing demand from the Indian diaspora, especially in key regions like the United States, the United Kingdom, the United Arab Emirates (UAE), Singapore, and Canada, is becoming a crucial development lifeline.\u00a0<\/p>\n\n\n\n

As sales in the domestic market slow down, developers are organizing roadshows in these countries to attract overseas buyers, hoping to tap into the potential of the NRI market.<\/p>\n\n\n\n

According to developers, NRIs are becoming an essential part of the real estate ecosystem, accounting for a significant portion of sales. This trend is confined to metropolitan cities and extends to emerging urban centers, with NRIs diversifying their investments<\/a> beyond traditional hot spots like Delhi NCR and Mumbai. Source: Economic Times<\/a><\/p>\n\n\n\n

The Rapid Growth of India’s Real Estate Market<\/strong><\/h2>\n\n\n\n

India\u2019s real estate market has witnessed remarkable growth in recent years, and projections indicate that this growth will only accelerate in the coming decades. The sector, which was valued at Rs. 12,000 crore (US$ 1.72 billion) in 2019, is expected to reach an impressive Rs. 65,000 crore (US$ 9.30 billion) by 2040. Furthermore, India\u2019s real estate sector is forecasted to hit a staggering US$ 1 trillion in market size by 2030, up from US$ 200 billion in 2021. <\/p>\n\n\n\n

Looking further into the future, India\u2019s real estate market is projected to soar to US$ 5-7 trillion by 2047. Some experts believe the market could surpass US$ 10 trillion, making India one of the largest real estate markets globally. Source: IBEF.org<\/a><\/p>\n\n\n\n

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Source: IBEF.org<\/a><\/figcaption><\/figure>\n\n\n\n

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Key Drivers of Real Estate Growth<\/strong><\/h3>\n\n\n\n

A major factor fueling this growth is the increasing demand for infrastructure across various sectors. The retail, hospitality, and commercial real estate sectors have seen substantial expansion, driven by the rapid urbanization of Indian cities and the country’s evolving economic needs. <\/p>\n\n\n\n

Moreover, the real estate sector\u2019s contribution to India\u2019s GDP will reach 13% in 2025. This growth reflects a shift in the country\u2019s development priorities, emphasizing modern infrastructure to support economic growth and a growing middle class. Source: Economic Times<\/a><\/p>\n\n\n\n

Know More:  <\/strong>SEBI <\/b><\/a>Registered Investment Advisory |  Stock Investment Advisory<\/a><\/strong><\/pre>\n\n\n\n
Factors Driving NRI Interest in Indian Real Estate<\/strong><\/h2>\n\n\n\n
The growing interest from NRIs in the Indian real estate market can be attributed to several factors. <\/p>\n\n\n\n