A non-resident Indian (NRI) is permitted to invest in India so long as he or she complies with the Foreign Exchange Management Act of 1999 (FEMA).

An analysis by property consultancy CBRE reveals that real estate developers and foreign funds invested significantly in land acquisition in Delhi-NCR and Mumbai during 2018-2022, as over 60% of the fund was used in these two cities.

The announcement that the Union ministry of home affairs (MHA) has permitted Hindustan Aeronautics Ltd. (HAL), a military PSU, to administer immigration facilities at Nashik airport, permitting foreign flights, would likely impact the Nashik real estate market.

In 2015, when Sotheby’s International Wealth Report guesstimated that, in the coming five years, India’s High Net-worth Individuals (HNIs) and the ultra-rich would pump in about one billion pounds annually in the UK real estate, it was received with skepticism.