just wanted to find out if telling the brokers or builders that I am an NRI increase the price of the property. I have been living abroad for 6yrs and want to buy a flat in NCR region for end use. should I tell the property agents that i am an NRI and will that affect the price.
:bab (38):
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  • A generic answer is YES.

    NRIs are generally considered Cash Loaded people (fool), who has no touch with the ground realities. Mind that internet is still a long way to go in India, specially for RE. Generally NRIs are in a hurry to close the deal as time is more important than money to them..... so they fail to get a better bargain.... or few lakhs is not so important to them.

    There are always exceptions.

    Preferably, let some local person to do the ground work without mentioning NRI aspect.