The Indian economy market and the real estate is now becoming a popular investment method for NRIs. Now a days, various schemes and avenues are offered which open up the gates for safe investment. Stability in market has led to immense increase in interest with regard to it. A good deal and base in motherland attracts NRIs and PIOs to make investment in residential and commercial property in India. It gives them good returns which multiply rapidly.

The Reserve Bank of India (RBI) and FEMA (Foreign Exchange Management Act) now inculcates the sense of security in property investment. FEMA now gives prescribes for more liberalized rules and regulations in addition to repatriation of capital so invested and rental proceeds as given under RBI. It also ensures 10-12% returns.
The flexible rules now give an excellent opportunity for NRI investment as opposed to earlier times where they had to suffer issues regarding income and wealth tax, Hindu joint family act and Municipal rules.

Unlike Indian residents, NRI enjoys the same status as property owner, despite of different rates of property tax. Finances can also be raised from financial institutions to purchase an apartment and property tax is to be paid to the concerned authorities. Home loan can be repaid by inward remittance through normal banking or by direct debit for those who earn income through rent, pension etc. in India. Real estate business has witnessed boom by crediting the existing balance in Non Repatriable rupee accounts on maturity to convertible NR account. The transactions involved in NRI investment in India has been made easy through these accounts and the online NRI banking.