Enquire

The Emotional and Financial Benefits of Owning Property in Your Homeland

by Ashiana / / 6510 views/ Reading Time: 4 minutes

As humans, we tend to spend on stuff based on its value – whether it’s emotional or financial. However, certain spends covers both financial and emotional aspects, for example, owning a property or a second home.

For NRIs(Non-Resident Indians) or PIOs(Persons of Indian Origin), owning a home in India provides a basket full of emotional as well as financial benefits. While living outside of India, owning a home here is about having a tangible connection to your roots, a place that feels like you irrespective of what’s going on in your life!

The Emotional and Financial Benefits of Owning Property in Your Homeland

A Sense of Belonging and Security


Imagine setting foot into a place that you pay for but it pays no heed to how you like your space, has not the slightest tinge of your culture or upbringing, hasn’t got the slightest of nostalgia, doesn’t feel like home does it? While owning a second home in India, you can change all that, choose a home to your liking – which has hints of your culture, while at the same time, doesn’t compromise on modern comforts. A place that acts as your anchor, no matter how far away you wander!

Owning a home in India is also about long-term security. Life, at times, can be very unpredictable, and in such scenarios, having a place back home can provide stability and reassurance.

Staying Connected to Your Roots


Wherever we stay, culture and community are two things that we always long for. Even outside India, we stay connected with our Indian community – this very sense of belonging comes with the ownership of a second home back in your own country.

Festivals, occasions, traditions, and family gatherings take on a deeper meaning when you have a home of your own to keep coming back to. Especially if you’re raising children abroad, owning a home in India also offers you the chance to introduce your children to their own heritage, and create lasting memories in a place which can hold generations of family history.

Financial Advantages That Make Sense


Beyond the emotional benefits, investing in property in your homeland can be a smart financial move. Many real estate markets offer strong growth potential, especially in countries like India. Cities such as Pune, Kochi, and Jaipur are emerging as hotspots, with rising property values and expanding infrastructure. This means your investment has the potential to appreciate significantly over time.

Rental income is another advantage. Renting out your property while you’re abroad can provide a steady stream of passive income, helping to cover mortgage payments or other expenses. Plus, with favorable currency exchange rates, purchasing property in your homeland can often be more affordable than buying in your country of residence.

Ref: https://raymondrealty.in/blog/key-facts-on-nri-investment-in-india/ 

Long-Term Investment with Stability


Apart from heavy metals and artifacts, real estate is the only tangible long-term investment. Moreover, prices of land only increase with time which might or might not be the case for other tangible(jewelry) as well as intangible investments(stocks, mutual funds, cryptocurrency, etc.).

This fact alone makes owning a property in a growing market like India – an excellent way to diversify your investment portfolio and build wealth for the future ahead.

Navigating the Process as an NRI


It might seem complex to buy a property in India while staying abroad, however, it is simpler than you think. As an NRI or OCI, you are legally allowed to purchase both residential as well as commercial properties in India. You have a lot of options to choose from except for farmhouses or agricultural land as those can only be inherited and cannot be bought(prohibited by law for NRIs).

If you’re not comfortable investing your hard-earned money in one go, you can also go for financing as many Indian banks offer home loans specifically tailored for NRIs.

Finding the Right Partner for Your Investment


After figuring out the ‘why’ of a second home in India, the ‘how’ becomes more important. Staying away can translate to a lot of hassles when it comes to managing a standalone property, hence the natural way is to invest with a popular and trusted real estate developer.

Ashiana Housing is one such housing brand, with 45+ years of experience in delivering and maintaining residential real estate. At Ashiana we’ve pioneered three of the popular segments in the housing industry today, i.e. Premium Homes, Senior Living Homes and Kid Centric Homes.

At Ashiana, we transcend the boundaries of the housing industry to provide you with a home –  a home that focuses on community, safety, and comfort! Our job starts from the moment you enquire about a property and never ends, as we believe in creating conveniences for our buyers as well as our residents at all times.

Conclusion: A Legacy for Generations


What’s a legacy? It is something that you’ll be creating for your future generations when you invest in a second home, in no place other than your homeland! This home will not only keep you and your family connected to your roots and memories but will also act as a foundation for the generations to come. And not to forget, that it’s an investment that can grow manifolds in value thus adding financial security as well.

So, whether it’s a cozy apartment in your hometown or a modern villa in a thriving city, owning property back home is a decision that resonates both emotionally and financially, a decision that offers a sense of home, no matter where life takes you.
Tags: Investment, ashiana housing, nri selling property in india,
Category: Senior Living, Investment, NRI,

Don't forget to share this valuable article with others

How can NRIs ensure their property transactions in India comply with legal requirements?

NRIs should inspect properties, verify ownership, understand documentation, manage currency conversion, and consider appointing a trusted representative via Power of Attorney for legally compliant property transactions in India.

NRIs need a valid passport, PAN card, and proof of NRI status, and must meet property verification and documentation requirements.

NRIs can claim tax deductions on home loan interest (up to ₹2,00,000 under Section 24), principal repayment (₹1,50,000 under Section 80C), and first-time homebuyer benefits (₹50,000 under Section 80EE), reducing their taxable income.

About The Author

Ashiana, Ashiana Housing build homes. Homes surrounded by vast green spaces and fresh breeze. Homes cocooned in secured gated complexes. Homes where futures are forged and there are opportunities to grow. And Homes in environments brimming with healthy activity, trust and respect. At heart, we build communities with care.

Other posts by

Free

Subscribe Now to our blog. Stay up to date with the latest real estate market, investment option, updates on senior living & kid centric world & Just enter your email address to subscribe

Join 1000+ of fellow readers. Get expert real estate knowledge straight to your inbox absolutely free. Just enter your email address below.

Get our blogs straight in your inbox,
know real estate better:

Recommended Blogs

The Power of Volunteering: How Seniors Give Back to Society

How Senior Living Can Improve Family Relationships?

Travel Clubs for Seniors: How to Explore the World at Any Age

The Future of Senior Living in India: What to Expect in the Next Decade

Write a Review
Add Your Review

Consumer guide


Behtar Parvarish ke Kisse
(Consumer guide on kid centric homes)


Ageing Gracefully
(Consumer guide on senior living)


Tips on Bricks
(Consumer guide on real estate)


Download Newsletter

en_USEnglish
en_USEnglish

wait your request is under process

Site Visit

wait your request is under process