Indian realty reforms boost NRI investment sentiment
Real Estate

Indian realty reforms boost NRI investment sentiment

The year 2017 has ended on a high note for the Indian real estate sector with regulatory reforms renewing NRI confidence in the Indian property market. This boost in NRI interest can be attributed to various economic and realty regulatory reforms implemented by the Indian government beginning last quarter of 2016 and lasting through 2017. The introduction RERA, GST, demonetisation and Benami Transactions (Prohibition) Amendment Act have helped bridge the trust deficit between institutional investors and India’s private realty players. “Mid-2017 onwards, we are experiencing an investment revival among NRI’s from the migrating faction as well the sizeable permanent population looking at India for investment,” says Rahul Maroo, Sr Vice President and Head International Sales, Omkar Realtors. He adds, “In two low-ticket offerings in Mumbai-based developments, we have added 300 customers this year from GCC, Singapore and Hong Kong markets.”

Mumbai-based Omkar Realtors & Developers recently launched their RERA compliant project – Lawns & Beyond with 1/2/3-BHK units. The project located on the Western Express Highway of Andheri-Jogeshwari east corridor offers a record 30 plus amenities with an inventory of 1,200 plus apartments for Phase-I launch spanning 5-acre. The 65-acre project is planned to shape into Omkar International District (OID), a mixed-development, evolving into a major landmark for Mumbai.

According to Ashutosh Limaye, National Director-Research, JLL, “NRI’s consider four factors when investing in Indian property; minimum initial investment, high rental potential, developers with strong delivery record and RERA compliance.

While builders such as Omkar Realtors have received an overwhelming response from NRI’s, industry experts opine that the onus lies on private developers to create reform awareness among their audiences in 2018.”



The year 2017 has ended on a high note for the Indian real estate sector with regulatory reforms renewing NRI confidence in the Indian property market. This boost in NRI interest can be attributed to various economic and realty regulatory reforms implemented by the Indian government beginning last quarter of 2016 and lasting through 2017. The introduction RERA, GST, demonetisation and Benami Transactions (Prohibition) Amendment Act have helped bridge the trust deficit between institutional investors and India’s private realty players. “Mid-2017 onwards, we are experiencing an investment revival among NRI’s from the migrating faction as well the sizeable permanent population looking at India for investment,” says Rahul Maroo, Sr Vice President and Head International Sales, Omkar Realtors. He adds, “In two low-ticket offerings in Mumbai-based developments, we have added 300 customers this year from GCC, Singapore and Hong Kong markets.” Mumbai-based Omkar Realtors & Developers recently launched their RERA compliant project – Lawns & Beyond with 1/2/3-BHK units. The project located on the Western Express Highway of Andheri-Jogeshwari east corridor offers a record 30 plus amenities with an inventory of 1,200 plus apartments for Phase-I launch spanning 5-acre. The 65-acre project is planned to shape into Omkar International District (OID), a mixed-development, evolving into a major landmark for Mumbai. According to Ashutosh Limaye, National Director-Research, JLL, “NRI’s consider four factors when investing in Indian property; minimum initial investment, high rental potential, developers with strong delivery record and RERA compliance. While builders such as Omkar Realtors have received an overwhelming response from NRI’s, industry experts opine that the onus lies on private developers to create reform awareness among their audiences in 2018.”

Next Story
Real Estate

Della, Hiranandani & Krisala unveil Rs 11 billion themed township in Pune

In a first-of-its-kind initiative, Della Resorts & Adventure has partnered with Hiranandani Communities and Krisala Developers to develop a Rs 11 billion racecourse-themed township in North Hinjewadi, Pune. Based on Della’s proprietary CDDMO™ model, the hospitality-led, design-driven project aims to deliver up to 9 per cent returns—significantly higher than the typical 3 per cent in residential real estate.Spanning 40 acres within a 105-acre master plan, the mega township will feature an 8-acre racecourse and international polo club, 128 private villa plots, 112 resort residences, a ..

Next Story
Real Estate

Hansgrohe unveils LavaPura Element S e-toilets in India

Hansgrohe India has launched its latest innovation, the LavaPura Element S e-toilet series, introducing a new standard in hygiene-focused, smart bathroom solutions tailored for Indian homes and high-end hospitality spaces.Blending German engineering with minimalist aesthetics, the LavaPura Element S combines intuitive features with advanced hygiene technology. The series is designed for easy installation and optimal performance under Indian conditions, reinforcing the brand’s focus on functional elegance and modern convenience.“With evolving consumer preferences, smart bathrooms are no lon..

Next Story
Infrastructure Urban

HCC Net Profit Stands at Rs 2.28 Billion for Q4 FY25

Hindustan Construction Company (HCC) reported a standalone net profit of Rs 2.28 billion in Q4 FY25, a sharp increase from Rs 388 million in Q4 FY24. Standalone revenue for the quarter stood at Rs 13.30 billion, compared to Rs 14.28 billion in Q4 FY24. For the full fiscal year, the company reported a standalone net profit of Rs 849 million, down from Rs 1.79 billion in FY24. Standalone revenue for FY25 was Rs 48.01 billion, compared to Rs 50.43 billion in the previous year.Consolidated revenue for Q4 FY25 stood at Rs 13.74 billion, and for FY25 at Rs 56.03 billion, down from Rs 17.73 billion i..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?