In-laws live in Hyderabad and want us to invest in real estate there. We live in the US. Dad feels this is a terrible time to invest in India, with a potential recession looming. What do I do? Contd..

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Currency fluctuations, dollar liquidity and interest/earning parity make investments in India only worthwhile if you plan to utilize the asset in India or spend in rupees

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Fully agree with this!

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“Investing in Hyderabad “ is a broad and generic term. Please give more details. Any day Hyderabad is a bullish place to invest because there is no other major city in a 1000 km radius which can scale like Hyderabad does. Bangalore is jacked, Bombay can only take so much. Hyderabad will expand as it’s not locked in anyway and it has a stable government.

However to invest in Hyderabad you need to have some ground intelligence and you need to pick right deals. Are your in laws offering any help ?

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Yes. They have invested pretty heavily in real estate in Hyderabad and are quite knowledgeable about the subject. They also have a modest range of connections and tend to be good at researching real estate.

Additional context: my father-in-law is an Additional SP (police officer), living in Hyderabad for the last 30 years or so. My wife’s uncles are also heavily invested in Hyderabad real estate. So they are knowledgeable.

But they are not basing their investment strategies on the study of major economic indicators. They are just hardcore Hyderabadis who have a lot of faith in their city’s future.

On the other hand, the newspapers have my dad worried about potential bank runs and bloated job numbers.

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Which city are your parents from ? Your in-laws are right btw. Let me know if you have good deals and I will also get involved. I am from Hyderabad btw

Have any of you invested in India or maybe even Hyderabad, living in the US. What’s the damage in repatriating our money back to the States?

Hit or miss

I bought two real estate assets in Hyderabad in last 5 years. I am happy about those investments now as I see a great appreciation. However, not sure if I want to purchase one more. Main issue is that, real estate in Hyderabad still operates a lot in black market. Meaning, there is a huge difference between legal value and market value of the land. Due to that, when you sell the land you will end up racking up a good amount in black money and will not know what to do with that unless you want to buy another land with it..

The two lands I bought, I have built one house in of them (for parents) and one for me in future. So I am not going to sell them that’s why it’s a good deal overall..

I deployed 50 lakhs recently. I have another 50. Let me know if you want to do a deal together. Best returns are with land. We buy a piece of land and sell it laterz

just assisted my father in selling his flat in Hyd. repatriation back to the States requires some paperwork and isn't as simple as linking your accounts and doing the transfer. you'll need to involve a CA if you want to do everything above board when you sell.

in terms of investing now it seems like all the prices are fairly high, I wouldn't say a bubble but fairly close to it

If you were wondering about investing in US vs India - last 10 years seem to indicate, keeping the money in US would have possibly fetched you better returns! I have made some basic assumptions and kept it fairly simple but looking for feedback.

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