Real estate is one of the most crucial sectors of the Indian economy, directly linked with housing affordability, infrastructure growth, and social stability. However, the increasing involvement of Non-Resident Indians (NRIs) in the property market has sparked debates on whether their unrestricted participation is actually detrimental to resident citizens. While foreign remittances and NRI investments contribute to capital inflows, the adverse impact on affordability and accessibility for ordinary Indians cannot be ignored. Artificial Price Inflation One of the biggest challenges is the artificial inflation of property prices . NRIs often earn in stronger currencies like the US Dollar, Pound, or Euro, giving them significantly higher purchasing power compared to local buyers. When NRIs invest heavily in prime urban areas like Mumbai, Delhi, Hyderabad, or Bengaluru, demand spikes disproportionately, pushing up property prices beyond the reach of middle-class Indians. A two-bedroom apa...