India, Oct. 9 -- The US government's suspension of the Permanent Labour Certification (PERM) programme for major IT outsourcing companies raises a key question: will Indian professionals in the US repatriate their dollar savings to buy homes back in India, or will uncertainty prompt NRI buyers to hold off on property investments until the situation becomes clearer?

Most real estate experts believe professionals affected by the move are likely to remain cautious for now. Those who return to India may buy homes, but a large-scale repatriation of dollar savings is unlikely. Moreover, NRI purchases account for a relatively small share of India's overall housing market, limiting the potential impact on national sales volumes.

Gulam Zia, Inte...