Why NRIs Should Invest in Luxury Apartments in Gurugram [Updated on: January 2024]


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Gurugram, also known as Gurgaon, is emerging as a preferred destination for NRI investments in Indian real estate. There are several factors driving this trend including lucrative property returns, thriving economy, global connectivity, cosmopolitan culture and affordability compared to other major cities.


Among the various property types, luxury apartments are a popular investment option for NRIs due to their premium amenities, exclusive lifestyle and potential for high-capital appreciation. Gurugram offers a number of benefits for NRIs looking to buy luxury apartments. Here are some key reasons:


1. Attractive Returns:


Property investments in Gurugram offer attractive returns. Prices of luxury apartments have more than doubled in the last 5-7 years. Even during the pandemic, prices have shown an upward trend. For instance, in Golf Course Extension Road, premium properties have appreciated by over 8% annually over the last few years. With limited availability of land, returns from luxury projects are likely to remain higher in the future as well.


2. Growing Demand:


There is a growing demand for luxury living spaces from corporations, HNIs and expats in Gurugram. The city is an IT/ITeS hub with a large population of working professionals who prefer upscale amenities and facilities for a hassle-free life. Besides, prominent global companies based in Gurugram have increased the demand for luxury apartments among their expatriate employees.


3. Exclusive Amenities:


Luxury apartments offer exclusive amenities and facilities suited for an indulgent lifestyle. They have high-end features like clubhouses, swimming pools, spas, gyms, yoga areas and banquet halls. Additional facilities like concierge services, private elevators and customization options further elevate living standards. These premium amenities appeal greatly to NRIs accustomed to certain living standards abroad.


4. Higher Rental Yields:


Investors can benefit from higher rental yields from luxury apartments. Since demand outstrips supply, luxury properties fetch higher rents. In some micro-markets, rental yields from luxury apartments are in the range of 3-4%. This provides NRIs an assured income stream from their investment in Gurugram.


5. Premium Location:


Luxury housing projects in Gurugram are located in premium micro-markets with world-class infrastructure and connectivity. They are situated close to key business districts, corporate hubs, shopping malls and healthcare facilities. Proximity to Delhi’s IGI airport further adds to the locational advantage. This suits the requirements of HNIs and global citizens.


6. Reputed Developers:


The development of new Grade-A luxury projects by reputed developers has further spurred demand. Established brands follow strict design standards and offer comprehensive amenities that appeal to discerning customers. They offer post-purchase maintenance and other value-added services, fulfilling the lifestyle aspirations of luxury apartment buyers.


7. Higher Re-Sale Potential:


Luxury properties offer higher re-sale potential due to the limited availability of elite housing options. Even during market downturns, premium housing does not see major price corrections. This makes luxury apartments a safer investment option for NRIs looking for stability and long-term capital appreciation.


8. Simplified Tax Compliances:


Lower tax incidence and simplified compliance make luxury apartments an attractive investment option for NRIs. They can avail tax benefits under the India-NRI treaty and expedite approvals under the FEMA regulation. Further, capital gains made from the sale of a residential house are completely tax-free in India.


In conclusion, Gurugram offers a favorable ecosystem for NRIs looking to buy luxury apartments. Premium housing complements the aspirations of affluent Indians living abroad who seek an indulgent yet hassle-free lifestyle. Buying a luxury apartment in Gurugram provides an investment hedge that generates not just financial returns but also lifestyle enrichments for owners.


Hence, NRIs looking to tap into India’s booming luxury real estate sector should consider investing in Gurugram - India’s luxury residential capital.


In a nutshell, key aspects that make luxury apartments in Gurugram an attractive investment option for NRIs are:



  • Higher appreciation potential

  • Growing demand from HNIs, corporations, and expats

  • Exclusive amenities and premium location

  • Higher rental yield

  • Features that suit a global lifestyle

  • Safety of investment with lower risks

  • Simplified tax compliances and benefits

  • Hassle-free ownership and asset management.

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