Simply put, the outlook for the real estate market in India is very good. You can see this from the CBRE Report, FICCI and JLL Report, and many other sources. There was some instability in the country’s property market in 2015 and 2016, but it’s been growing at an impressive pace since. Various political changes contribute to this positive development by pushing forward the country’s urbanization. If you are planning to invest in some good real estate, India is the country of great opportunity right now. And most importantly, it’s currently making it easier for foreign investors to enter the market.

But before you take this step, there are some things you need to be aware of in order to make the most out of your investment capital.

Urbanization pushes demands for residential properties to the sidelines

If you are thinking about buying a few residential properties to rent out to vacationers, you are making a huge mistake. It’s true that tourism is big in some parts of India and this investment strategy seems like a good bet. However, you shouldn’t forget that urbanization is the main driving force in the Indian real estate market.

Economic Times reports that the residential sector of the market is still unstable with low demand. However, commercial properties are soaring with some well-located office spaces offering the yield as high as 10%.

With India’s first Real Estate Investment Trust just around the corner, investors will get access to some excellent listings. Therefore, you will be able to get an in with the premier-grade properties that would have been too expensive otherwise.

Types of properties with the most promise on the market today are:

• Look for properties in the best locations you can afford.
• Same as offices, look for properties in premier locations and you can get yield 10-13%.
• Coworking spaces.
  These are still reasonably new to India but they are getting extremely popular with the growing urbanization and the rise of small entrepreneurs and freelancers.
• Student housing.
  While in the residential sector, this particular type of housing is gaining popularity fast. It’s a not yet filled segment, so you have great opportunities.. This is currently one of the best performing types of commercial property, so use every chance you get to add some to your portfolio.

Investing in India’s real estate is more affordable if you forego banks

Any person who deals with international money transfers knows how expansive and complicated those can be. Investing in the Indian real estate market using a bank transfer will make you lose a great deal of money. Therefore, investors need an alternative way to send money to India. And today this alternative exists. Companies like TransferWise, WorldRemit, OrbitRemit, and Small World FS offer efficient and secure transfers that do not only have low or no fees at all. They also give you a chance to find the lowest possible currency exchange rate.

Other important advantages of using online money transfer companies for international real estate investors include:

• Hedging tools.
  With these companies, you will be able to use hedging tools, like future contracts, to not only get but also secure a favorable rate. This will somewhat reduce the risks associated with foreign investments.
• Digital security.
  Top companies in this market use bank-grade encryption as well as a variety of additional digital security tools. Therefore, they offer a high level of protection against cybercrime.
• Fast transfers.
  Unlike banks, international money transfers through these services might be nearly instantaneous. Thus, your chance of securing a great deal at a moment’s notice while you are half a world away is rather high.

India real estate sector to reach $1 trillion by 2030

If you are still unsure about the prospects, you should know that according to the India Brand Equity Foundation report, the real estate market in India will continue to grow ever faster and reach $1 trillion USD by 2030. To see how much of a change this really is, you should know that it was $120 billion in 2017.

Foreign investors are expected to become the main contributors of this growth because the changes in local policies now make it easier for them to actually become investors. The fact that the share of foreign investments dropped by 20% in 2018 is contributed to several huge long-term projects that were under negotiation. With the government becoming more welcoming of foreign investments, India currently represents one of the most promising sectors.

India got over banknote demonetization with flying colors

In 2016 India went through banknote demonetization, something that is known to bring down economies and cause major slumps that take countries years to recover from. Surprisingly, India did no such thing. Yes, its economy suffered some turbulence over the demonetization, but by the end of 2017 the real estate market was going stronger than before.

This trend continues with every sector getting stronger and more stable. Although, residential real estate is lagging behind a bit for now. However, even that area looks quite good for investors who think long-term. But that’s the case only in top cities.

So, Should You Invest in Indian Real Estate Today?

The situation with the real estate market in India definitely looks impressive for an investor. If you are looking to expand your international portfolio to that part of the world, now is a great time to do this. Using the services of online money transfer companies will even help you invest without losing a small fortune in bank fees.