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![Akshat_World Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1315735242250973186.png) Akshat Shrivastava [@Akshat_World](/creator/twitter/Akshat_World) on x 416.5K followers
Created: 2025-07-18 07:25:12 UTC

For the last couple of months, I have been receiving a lot of phone calls from Indian Real Estate developers to my Dubai number. 

Their pitch is: buy property in Metros in India because it is growing really fast. And, the prices are going up "really fast"

Okay, if I were a noob, I would have bought those lies. 

Here are facts:-
 
The locals have been priced out from buying. 
And, the developers are reaching out to NRIs as a last resort to sell their properties. 

Think about it: an upper middle class Indian would not have the paying capacity to buy overpriced homes in Indian metros anymore.  

Consider buying anything in Delhi, Gurgaon, Mumbai -- it is more expensive than Dubai now. 

This is what happened between 2021-2024:- 

(1) A significant number of properties in the last bull run were sold to NRIs 
(2) Payment plans were relaxed.And, massive speculation was done. 
(3) Locals who could potentially sign up for an EMI, were lured into signing one. 

Who is left to buy now? 
NRIs. 

All this kind of shows desperation in the Indian metros Real Estate market.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946108981723726206/c:line.svg)

**Related Topics**
[india](/topic/india)
[dubai](/topic/dubai)
[coins real estate](/topic/coins-real-estate)

[Post Link](https://x.com/Akshat_World/status/1946108981723726206)

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Akshat_World Avatar Akshat Shrivastava @Akshat_World on x 416.5K followers Created: 2025-07-18 07:25:12 UTC

For the last couple of months, I have been receiving a lot of phone calls from Indian Real Estate developers to my Dubai number.

Their pitch is: buy property in Metros in India because it is growing really fast. And, the prices are going up "really fast"

Okay, if I were a noob, I would have bought those lies.

Here are facts:-

The locals have been priced out from buying. And, the developers are reaching out to NRIs as a last resort to sell their properties.

Think about it: an upper middle class Indian would not have the paying capacity to buy overpriced homes in Indian metros anymore.

Consider buying anything in Delhi, Gurgaon, Mumbai -- it is more expensive than Dubai now.

This is what happened between 2021-2024:-

(1) A significant number of properties in the last bull run were sold to NRIs (2) Payment plans were relaxed.And, massive speculation was done. (3) Locals who could potentially sign up for an EMI, were lured into signing one.

Who is left to buy now? NRIs.

All this kind of shows desperation in the Indian metros Real Estate market.

XXXXXX engagements

Engagements Line Chart

Related Topics india dubai coins real estate

Post Link

post/tweet::1946108981723726206
/post/tweet::1946108981723726206