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Indian real estate booms with rising NRI interest amid Budget reforms & infrastructure growth
The Indian real estate sector is increasingly attracting non-residential Indians (NRIs), driven by robust economic growth, infrastructure development, and favorable Union Budget measures for FY2024-25. Key changes include simplified income tax regulations for NRIs, relaxed Foreign Direct Investment (FDI) norms, and a reduced tax rate on listed securities.
The Indian real estate sector is increasingly attracting non-residential Indians (NRIs), driven by robust economic growth, infrastructure development, and favorable Union Budget measures for FY2024-25. Key changes include simplified income tax regulations for NRIs, relaxed Foreign Direct Investment (FDI) norms, and a reduced tax rate on listed securities.
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