Real Estate 2012: Predictions & Outlook
ET: Why the property prices never fell in cities
Hot Indian property destinations for NRIs in 2012
Deepa Venkatraghvan Dec 23, 2011, 08.20PM IST
The Non Resident Indian (NRI) might as well remember 2011 as the year of the 'lazy investor'. For NRIs have gained 18% since August 2011, simply by remitting money to India; no effort at all. But as we approach 2012, NRIs must take stock of how best to use their remittances. The traditional favorite has always been real estate. But in this volatile market, how great an investment is it? Is this a good time to buy property in India? What kind of property is a good bet? Let's try to find answers.
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