Many NRI investors from all over world are opting for second homes or better say getaway homes that entail both security and attractive returns. Not only amid NRIs but this trend is equally popular among entrepreneurs, IT and corporate professionals, engineers, doctors and so on. Moreover, the upbeat real estate market in India and financial institutions extending loans at low interest rates. So what seems saner than to invest in a country that will ensure long-term growth?

Investing in India is a way to make smart money and most of the NRIs have agreed to it. That’s why there has been seen a great inclination of NRIs property investors purchasing homes in India and then offering it on a fat rent to tenants. NRIs are accumulating wealth by investing in a varied assortment of property in India like condominiums, bungalows, flat, apartments, penthouses, etc. the list is endless.         

Some recent property picks, NRI investors are drooling over include:

1.      Condo hotels: it is often used to lease out as a holiday house. It is a cluster of posh condominiums managed by a single management company or operator. The owner stays at the hotel only for a specified time period, after which the operator lease it out to visitors or vacationers, while mutually sharing the proceeds in a predefined ratio. 

2.      Service apartments: it would not be wrong to call it a rage amid Corporates and MNCs looking for luxurious accommodations synonymous to a five star hotel. It is a well-furnished apartment offering first class living space with all basic and state of the art facilities.