The Indian real estate sector has always been in demand. Due to COVID-19, the industry witnessed some ups and downs. However, it stood the test of time, and people continued to buy property. In an article by Financial Express, the demand continues this year too. The article states that the Indian real estate market looks to take off this year despite the Omicron scare. Not only have Indians living in the country invested in the Indian real estate market, but NRIs have also been investing. While NRIs have been investing in different properties like plots, they looked at investing in luxury apartments.
Here are a few reasons why NRIs must look at investing in apartments.
Lucrative Prices: Due to the weakening of the rupee against other major currencies and the discounted prices of Indian property, NRIs are investing more in Indian real estate. Apartments across various developers are being sold at favourable prices. Top developers offer end-users and investors attractive offers and discounts on luxurious apartments. Along with that, the interest rates and incentives set by the state governments are at an all-time low.
Good Rental Yields: If there is any property always in demand, it is apartments. Thanks to COVID-19, their demand has increased further. With remote work and online classes becoming a norm now, people want to move into more spacious, luxurious apartments. This way, investors are sure to have their steady rental incomes.
Property Appreciation: After plots, apartments appreciate faster than any other property. However, various factors such as neighbourhood, security, infrastructure, connectivity, greenery, and infrastructure development contribute to the value of the property increasing. The property prices tend to rise steadily, and by the time you decide to sell the property, its value will have dramatically increased.
Centrally Located: Luxurious apartments are strategically located in prime areas of a city. Close to everything, from schools and colleges to top healthcare facilities and entertainment hubs to shopping malls, making it easier for those with a busy and hectic schedule.
Top-Notch Amenities: Today, posh apartments come with a wide range of top-notch amenities and features. From themed landscaped gardens to a rooftop swimming pool and grand entrance lobby to wi-fi connectivity for the entire complex. You also get 100% power backup, parking spaces and more. When you invest in a luxury apartment, you invest in a home; you invest in a lifestyle. If you ever plan to move back to India, you have a fantastic lifestyle that awaits you.
If these reasons aren’t enough for you, we don’t know what is! Advaitha Aksha is a luxury apartment for sale in Koramangala. This posh apartment offers spacious 4 BHK luxury flats in Koramangala with abundant natural light and excellent cross ventilation. There are over 60 amenities such as a rooftop infinity pool, theatre, spa & health club, lounge, library, acupressure walk area, and so much more for you to unwind after a long day. It also comes with innovative home features, advanced sustainability features, and breathtaking views. Schedule a site visit today and book your very own 4 BHK luxury apartment for sale in Koramangala only at Advaitha Aksha.