More ‘local’ NRIs plump for flats in city, say real estate developers

General, News, NRI, Real Estate

The number of non-resident Indians (NRI) hailing from the central districts — particularly those working in Singapore and United Arab Emirates (UAE) — buying property in their native place has been going up gradually, say real estate developers here.

On an average, at least four of the 10 customers purchasing flats in the city and its suburbs happen to be such ‘local’ NRIs who want to spend their retirement life back home.

Read full Article