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Indian real estate attracts overseas investors
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The rise in NRI investments is reshaping India’s property market, creating opportunities for property management firms while highlighting the need for balanced land-use planning
Non-resident Indians (NRIs) are playing an increasingly important role in India’s residential property market, leading to a surge in demand for professional property management services. As more overseas Indians invest in homes across major Indian cities, they are seeking reliable local firms to handle rentals, maintenance, legal compliance and tenant management on their behalf.
Industry experts say NRI interest in Indian real estate has grown steadily over the past few years. Improved infrastructure, better transparency under the Real Estate Regulatory Authority (RERA), and the availability of premium housing options have boosted confidence among overseas buyers. Currency movements have also helped, as a stronger dollar and fluctuations in the rupee have made Indian property more affordable and potentially more profitable for foreign investors.
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According to industry estimates, NRIs currently account for around 18 per cent of total real estate investments, up from about 15 per cent in 2022
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This share is expected to reach nearly 20 per cent by 2026 and could rise to around 25–26 per cent by 2030 if the trend continues
At the same time, officials and industry stakeholders are raising concerns about land availability in some regions. Growing interest in urban farming and efforts to conserve agricultural land are reducing the land available for large industrial and renewable energy projects. For instance, although thousands of acres were acquired around Bengaluru in recent years, authorities say acquiring additional land has become more difficult due to higher compensation demands, fragmented land holdings and environmental considerations.
While some experts believe these challenges are manageable with better planning, others warn that maintaining adequate land banks for future development could become increasingly complex.
