Should You Invest In Abroad Properties?

Bangalore: The global real estate market offers lucrative investment prospects with attractive offers and alluring options. Apart from that, followed by gold and silver, Indian investors are keen to invest in real estate sector as a preferred asset. Hence, Indians buying overseas property can avail of citizenship in the host country, as reported by Anuj Puri of Jones Lang LaSalle (India), Economic Times.

In comparison, properties in Indian big cities have become unaffordable for many due to its soaring price. Also, the hike in home loan interest rates is becoming a tentative block and the rates may increase further with the revision of RBI norms.

Moreover, high net worth individuals (HNIs) are more interested to expand their property investment overseas, rather than buying luxury property in the country. Over the past few months, the number of Indians who want to invest in abroad properties has increased.

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