A fluctuating rupee, and introduction of various regulations to bring in transparency and accountability, are making real estate more lucrative for non-resident Indians (NRIs), experts say. The rupee has hovered near 73 against the US dollar for the past one week. “The drop in rupee can be seen as an investment opportunity for individual buyers as well as institutional investors. Over the past few months we have witnessed a lot of interest from NRIs. This trend continues to grow stronger due to the timely reforms introduced that brought transparency and accountability in the sector.

• The Indian rupee appreciated this week by ₹1.76 compared with the previous week close.
• Last week Indian rupee closed at ₹71.90 with the aggregate loss of ₹1.10 only.
• Week last day Rupee closed at ₹70.15 with the loss of 0.45 paisa.
• Highest gain ₹1.11 on Tuesday and highest fall 0.45 paisa on Friday.