Indian real estate is one of the most lucrative investment options for NRIs that yields steady returns. And with the current competitive prices of properties in Mangalore for both commercial and residential, the time is ripe for investors and property buyers to invest in this coastal city of Karnataka.

As the concept of contemporary integrated townships and world-class infrastructure takes the wing across all cities in the country, investments in real estate are a guaranteed and future-proofed revenue generator in India.

According to the amendments of the Foreign Exchange Regulation Act (FERA), now NRIs can purchase residential and commercial properties without prior permission from the RBI. Even if the NRIs rent out the property, the returns can be credited to the revenue of your NRO account hassle-free. And the cherry on the top is that there is no limit on the number of properties NRIs can buy.