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Hyderabad's real estate market has become a top pick for NRIs despite being the second most costly in India.
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The majority of NRIs who live in the US, Canada, the Gulf, Europe, etc. favour homes in Hyderabad.
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NRIs prefer to purchase homes in prestigious cities like Hyderabad, Bengaluru, and
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Delhi-NCR despite the fact that stock and mutual funds offer better returns than real estate investments.
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Their experience during COVID-19 is one of the causes. Many of them, particularly those who were working in gulf countries-
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and they was lost their jobs during the pandemic, forcing them to return to India.
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According to a recent survey, 71% of NRIs think real estate investment is the best course of action.
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Comparing this year's results to last year's, the percentage increased.
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Over 77 percent of all NRI respondents desire larger homes. About 54% of people prefer three bedrooms, while 23% and 22% choose four and two, respectively.