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Till date Indian cities such as Mumbai, Bangalore, and New Delhi are not attracting direct commercial real estate investment comparable to their size, once such cities have greater transparency, they should attract more investment. Once greater transparency is found in Indian cities they will begin to punch according to their weight and some of the best real estate in India will benefit from greater investment in India cities.
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A piece of realestate in India in the hands of NRI’s holds sentimental values and appeal that sets such houses and pieces of land distinctly apart from the homes such families own overseas.
Even though many Indian’s overseas enjoy good success and good social standing, many who left India in the 1970’s hope to one day return to India and settle here for good.
To earn valuable foreign currency, such individuals should face a smoother process when they buy real estate in India.