With the Indian rupee under pressure for the past few months and declining to its lowest-ever levels, real estate players expect non-resident Indian, or NRI, investments in the sector to gain momentum.

A weaker rupee against the US dollar makes investment in India cheaper for foreign investors and NRIs. Stakeholders say that the NRIs' off-take in the property market constitutes around 7-8 per cent of the country's total real estate inventory.

Read more on: https://www.khaleejtimes.com/business/real-estate/weak-rupee-to-attract-nri-investments-into-indian-real-estate-realty-players