India, March 25 -- Bengaluru-based real estate developer Puravankara Limited is witnessing a surge in interest from non-resident Indians (NRIs) in the Middle East amid the ongoing US-Iran war. The company has seen at least a 60% jump in enquiries across its Middle East offices, with Gulf-based NRIs increasingly looking to buy property back home, managing director Ashish Puravankara told Hindustan Times Real Estate.

Speaking on the sidelines of an event marking the company's 50-year celebrations in Bengaluru, Puravankara said the US-Iran war is prompting overseas Indians to reassess their investment strategies, with India emerging as a relatively stable and attractive real estate destination.

"We are seeing at least a 60% increase in enq...