It is a quite well-known fact that Rupee has been depreciating in value for quite some time now. If this trend continues for the coming years, how is that going to affect the NRIs who are planning to invest in real estate back home?
The real estate market in India is booming. So people are trying to capitalize on this boom by buying a property that they can sell off in the future for big profits; But is that plan going to get hampered if the value of our currency keeps dropping at the current rate? Our Director Mr. Rakesh Reddy shed light on this matter when he recently spoke to Makaan.com. Click the link to know more.
https://www.makaan.com/iq/nri/falling-rupee-poses-an-opportunity-for-nri-real-estate-investors