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Online property portal Commonfloor.com has been receiving around one million NRI visits per month, which in comparison to the past few months is almost double the figures. While most export-related sectors are chagrined over the depreciation of the Indian currency, the perception of the real estate segment of the country is to be celebratory.

Actually the reason is all the luxury residential projects now target towards high-income group of buyers, who can afford the high-priced units. Hence the real estate in India is running slow in the recent times, it offers a lucrative investment opportunity for NRIs and HNIs (high net worth individuals). The luxury segment seems to offer good returns for foreign as well as domestic investors. As per market experts, consumers in India tend to invest more especially when the rates are under pressure, which have contributed to the rise in sales of luxury units.

Actually the reason is all the luxury residential projects now target towards high-income group of buyers, who can afford the high-priced units. Hence the real estate in India is running slow in the recent times, it offers a lucrative investment opportunity for NRIs and HNIs (high net worth individuals). The luxury segment seems to offer good returns for foreign as well as domestic investors. As per market experts, consumers in India tend to invest more especially when the rates are under pressure, which have contributed to the rise in sales of luxury units.

Piramal Enterprises Ltd invests in La Palazzo, a KMB Estates project Piramal Enterprises Ltd invests in La Palazzo Diversified business conglomerate Piramal Enterprises Ltd has invested around Rs 60 crore (around $10 million) for the development of a residential-cum-commercial project in Bangalore by realty firm KMB Estates, it is learnt.

Book 2 & 3 BHK premium flats in Off Hosur Road Bangalore. They are offering premium flats and apartments for sale in Off Hosur Road

A cornerstone in La Palazzo's integrated design philosophy, the Pavilion is part of the seamless community area integrating the food and beverage pavilion, barbeque deck, outdoor sports, swimming pool and children's play area into a single landscaped panorama.