Bengaluru is where most NRIs want to purchase property, finds survey

IndiaTimes Sunday, 12 November 2023
Bengaluru is the top choice for non-resident Indians (NRIs) looking to buy property in India, according to a survey by proptech unicorn NoBroker. Of the 12,000 NRIs surveyed, 29% expressed interest in buying property in Bengaluru, while 24% were looking at Mumbai and 18% in Hyderabad. NRIs feel more secure in their home country and Bengaluru provides the desired lifestyle, despite infrastructure challenges, said Kishore Jain, chairperson of CREDAI. Safety, security, and transparency were cited as major factors driving NRI interest in Bengaluru, with 57% of NRI buyers looking to purchase property for their own use.

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