Gulf News India Property Show: NRI investment back in real estate sector

Dubai: Real estate investment as an asset class is the top priority for non-resident Indians (NRIs) at the Gulf News India Property Show.

UAE-based Indian expatriates at the show, which opened on Saturday, December 10, were eyeing top-tier properties, apartments and plots in major cities across India. According to reports, the Indian diaspora purchased property worth $11 billion in 2019. Since then, this category has witnessed a rising trend. In 2022, it is expected to reach $14.9 billion, with the highest-value properties located in Bengaluru, Mumbai, New Delhi, Hyderabad, and Pune.