{"id":118351,"date":"2020-08-25T06:30:18","date_gmt":"2020-08-24T23:30:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/non-resident-indians-can-take-advantage-as-weakening-rupee-falling-real-estate-prices-give-investors-bang-for-their-buck-back-home\/"},"modified":"2020-08-25T07:06:51","modified_gmt":"2020-08-25T00:06:51","slug":"non-resident-indians-can-take-advantage-as-weakening-rupee-falling-real-estate-prices-give-investors-bang-for-their-buck-back-home","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/non-resident-indians-can-take-advantage-as-weakening-rupee-falling-real-estate-prices-give-investors-bang-for-their-buck-back-home\/","title":{"rendered":"Non-resident Indians can take advantage as weakening rupee, falling real estate prices give investors bang for their buck back home"},"content":{"rendered":"<p>&#013;<br \/>\nThe falling rupee and declining home prices are giving a fresh impetus for Indian nationals living overseas, including those in Hong Kong, to buy property back home, according to analysts.&#013;&#013;Indian developers are making an aggressive push to sell homes to the 32-million strong diaspora, which includes persons of Indian origin and non-resident Indians (NRIs). This group remitted an estimated US$83.1 billion back home in 2019, according to the World Bank, although the amount is likely to drop by\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3098581\/its-advantage-nris-weakening-rupee-falling-real-estate-prices-give\" target=\"_blank\">Non-resident Indians can take advantage as weakening rupee, falling real estate prices give investors bang for their buck back home<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The falling rupee and declining home prices are giving a fresh impetus for Indian nationals&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118351","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uMT","jetpack-related-posts":[{"id":128200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-rupee-price-discounts-lure-gulf-based-expat-indians-to-indian-property-market-in-large-numbers\/","url_meta":{"origin":118351,"position":0},"title":"Weak rupee, price discounts lure Gulf-based expat Indians to Indian property market in large numbers","date":"June 8, 2022","format":false,"excerpt":"\r Eagerness to own a house back home in the wake of the pandemic-induced uncertainties is also adding to the current demand spike from NRI buyers\r \r Source : arabianbusiness.com\r Read more...Weak rupee, price discounts lure Gulf-based expat Indians to Indian property market in large numbers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/06\/Pune-India-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":129025,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/luxury-housing-sales-in-india-almost-double-from-2019-levels\/","url_meta":{"origin":118351,"position":1},"title":"Luxury housing sales in India almost double from 2019 levels","date":"August 22, 2022","format":false,"excerpt":"\r Two big reasons for the luxury homes sale going up was the deep discounts being offered by developers during the COVID-19 period, and the fact that Indian rupee has depreciated significantly against the US dollar, making it cheaper for the Non-Resident Indians\r \r Source : arabianbusiness.com\r Read more...Luxury housing\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/08\/India-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":37685,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indias-cash-games-may-hit-dubai-property-sales\/","url_meta":{"origin":118351,"position":2},"title":"India&#039;s cash games may hit Dubai property sales","date":"December 11, 2016","format":false,"excerpt":"\r Dubai property developers planning a sales offensive in India have suffered a setback as investors from the country reassess plans in the wake of demonetisation.It follows a move by the government to remove large denomination notes in a bid to tackle the black economy.That cast a cloud over the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33860,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indian-real-estate-faces-trouble-after-crackdown-on-black-money\/","url_meta":{"origin":118351,"position":3},"title":"Indian real estate faces trouble after crackdown on \u2018black money\u2019","date":"November 11, 2016","format":false,"excerpt":"\r Long, angry queues around the country Bid farewell to the 500 rupee note. Image: wael khalil alfuzai\/Shutterstock It\u2019s the end of an era in India as Prime Minister Narendra Modi seeks to undermine ill-gotten wealth in the subcontinent by incommoding the very medium that props it up: \u201cblack money.\u201d\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jet-airways-waits-for-a-buyer-as-rivals-muscle-in-on-territory\/","url_meta":{"origin":118351,"position":4},"title":"Jet Airways waits for a buyer as rivals muscle in on territory","date":"April 23, 2019","format":false,"excerpt":"\r A boom of budget airlines in the mid-2000s, on top on rising fuel prices and a weakening rupee, kept adding to Jet Airways' costs in the notoriously price-sensitive market\r \r Source : arabianbusiness.com\r Read more...Jet Airways waits for a buyer as rivals muscle in on territory","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26642,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/come-home-indian-developer-targets-singapores-nris\/","url_meta":{"origin":118351,"position":5},"title":"Come home: Indian developer targets Singapore\u2019s NRIs","date":"September 20, 2016","format":false,"excerpt":"\r Physical presence is crucial to increasing market share Sunset over Mumbai. Luxury developments in India are marketing to Indians in Singapore. fuyu liu \/ Singapore To property developers based in India, wooing Singapore\u2019s ever-growing Indian community from afar may not be enough to increase their share of this increasingly\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118351"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118351"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118351\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}