New Delhi, Sept. 3 -- Lalit Mukhi, a 40-year-old programme manager in Dubai, is among Indian investors venturing into overseas real estate. He bought a property there for AED8,500,000 ( Rs.20.4 crore), financing 80%-AED6,800,000 ( Rs.16.3 crore)-through a loan at 4% interest.

He manages the property himself, navigating the challenges of remote ownership.

For wealthy Indians, buying property is not just about luxury and bragging rights; it is also about smart investing. For example, Dubai offers high rental yields and tax-free income, London provides prestige but lower returns, and Singapore ensures stability and quality of life.

However, overseas investments are governed by India's Liberalized Remittance Scheme (LRS) rules and tax regu...