Bharat Express

Non-resident Indians

The demand for luxury homes in India, particularly those priced at Rs 4 crore and above, saw a remarkable surge in 2024. Sales in seven major cities rose by 53%, with 19,700 luxury units sold, up from 12,895 units in 2023, according to real estate consultancy CBRE.

Non-resident Indians (NRIs) show confidence in India's economy, depositing $1 billion in April despite global challenges.