India, Nov. 11 -- With property prices rising in recent years, many NRIs say buying a home in India now feels out of reach, costing as much as real estate in global cities. On Reddit, several compared apartments in Mumbai and Bengaluru to homes in Australia or Germany, saying they get better value, infrastructure, and rental returns abroad.
One Reddit user said they planned to return to India and compared housing markets in 2021. "I could buy a house in Australia for the price of a flat in India," he wrote. With clearer infrastructure and higher rental yields overseas, he chose to invest in Australia, claiming that the value of his property has doubled in two years.
Another user pointed out that a "decent-sized flat in Mumbai now costs ...
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