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Realtors turning to NRIs as sales in India lukewarm, NCR bucks trend
Real estate developers in India are targeting overseas buyers, particularly NRIs, to boost sales amid a slowdown. NRIs' strong purchasing power, driven by the depreciation of the Indian rupee, has increased interest in luxury properties. Key regions like the US, UK, UAE, and Singapore show high demand, with NRIs accounting for a substantial portion of recent sales.
Real estate developers in India are targeting overseas buyers, particularly NRIs, to boost sales amid a slowdown. NRIs' strong purchasing power, driven by the depreciation of the Indian rupee, has increased interest in luxury properties. Key regions like the US, UK, UAE, and Singapore show high demand, with NRIs accounting for a substantial portion of recent sales.
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