NRI’s pocketing money from Indian property
Isn’t this an irony? People here in India are worried with the property price hike and the NRI’s are on cloud nine making good money from the ancestral property holding roots in India.
An NRI residing in California grabbed a throw away price for the ancestral property in Chennai.
Meanwhile the NRI appreciates the booming real estate market in Chennai that fetched him good price for his grandfather’s 20-year-old house in Mandaveli.
Source: Deccan Chronicle
Ancestral property, Chennai, Good price, India, Mandaveli, NRI, Property price hike, Real-estate market