Chennai-based Casagrand has announced its international debut with a ₹1,000 crore premium residential project in Dubai Islands, marking the South Indian developer's ambitious foray into the UAE luxury real estate market with plans to develop 6 million sq ft over three years.

The participation of Non-resident Indians (NRIs) in India’s residential real estate market has seen a significant rise, now accounting for nearly a quarter of the total sales among large developers, up from just 7-10% prior to the pandemic.