Realtors home in on luxury market; woo NRIs, HNIs

As home sales continue to dip, real estate developers are tapping the luxury home segment by targeting non-resident Indians and high net worth individuals keen on buying that exclusive villa in India. The move also seems to be backed by pure market play as demand in the luxury home segment is growing sharply, bucking the trend seen in other parts of the industry where exposure to high-risk borrowers has tightened loan flow from banks.

Realtors home in on luxury market; woo NRIs, HNIs- News -Real Estate-Markets-The Economic Times