All ambitious minds are not NRIs. But all NRIs are ambitious.
The high-fliers opt for daring journeys beyond distant borders, touching down a completely strange land and building dreams from scratch- all with their big heart for helping their loved ones back home. Gulf NRIs journeyed to and fro for decades. Today, the community is present in Canada, the US, European countries, China, Australia and elsewhere. Giving enormous contributions to the homeland, they leave a legacy.
The investment landscape in Kerala has witnessed big changes over a period of time. The state has witnessed a surge in the real estate sector. The boom is evident in the rising skyscrapers elsewhere. Cityscapes are undergoing changes on a big scale. Cities like Calicut and Ernakulam in Kerala have expressed the boom apparently. NRIs are largely joining the bandwagon. They anticipate the following and more.
Regular rental revenue
NRIs anticipate steady rental income apartments can generate. Hence, they are increasingly looking for investments in apartments.
Value appreciation
Demand rises. So does the price. The direct relationship between the two factors have an impact on investment decisions by NRIs.
Diversification
Investing in apartments can provide diversification in an investment portfolio.
A home for luxury lifestyle
Exotic lifestyle has flown from destinations like the US, Europe, Gulf and other countries. Now people are more used to living in vibrant locations which in turn creates a huge demand for apartments. NRIs find investing in apartments more reliable and sensible. Buy apartments for self-use or for renting while left unused.
