business

How RBI's rupee moves may impact Indian real estate market

To rein in the depreciating rupee the Reserve Bank of India (RBI) has banned resident Indians from buying real estate overseas. Experts say with this the RBI has closed the doors on an attractive investment option. Where as the NRIs have started selling properties to cash in on the depreciating rupee.

first published: Aug 22, 2013 06:59 pm

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