Unlocking High-ROI Opportunities: Why NRIs in North America Are Eyeing Punjab Real Estate

For Non-Resident Indians (NRIs) based in the US and Canada, Punjab's real estate market is fast emerging as a credible, high-ROI asset class within a diversified global portfolio.A favourable currency equation, improving transparency through RERA and a pipeline of large-scale infrastructure projects are reshaping the state's investment narrative from emotional hometown attachment to strategic wealth creation. In parallel, a new generation of professional advisory firms, such as Epique Real Ventures, recently honoured for excellence in NRI real estate investment consulting, is giving overseas investors the institutional-grade support they expect from mature markets.

Currency Advantage for North American Investors

From a currency standpoint, timing currently favours NRIs.As of early 2026, the Indian rupee trades near ₹90 per US dollar, while the British pound stands well above ₹105 to the rupee, significantly enhancing purchasing power for dollar- and pound-earning investors compared to just a few years ago. For North America–based Punjabis, this makes mid to upper mid-segment homes in the ₹1–2 crore range in locations like Mohali, New Chandigarh and parts of Ludhiana relatively more affordable in hard-currency terms, even before factoring in future appreciation.In essence, every dollar or pound stretches further on the ground in Punjab than it did in the previous cycle.

Proven Market Performance

Market performance data provides an additional layer of comfort. Key micro-markets such as Mohali have seen near double-digit annual price growth, with certain corridors sustaining around 9–10% year-on-year appreciation as end-user demand deepens. Rental yields in well-connected sectors typically range from 3.5–5 percent, translating into monthly rents of about ₹25,000–₹40,000 on a ₹60 lakh apartment, depending on configuration and location.[file:35] Industry reports covering Punjab's recent "real estate renaissance" note that NRI-backed investments have, in select integrated developments, generated returns of up to 30% over the holding period when project selection and timing were handled prudently.

Infrastructure-Driven Growth

Much of this performance is being underpinned by infrastructure. Projects such as the PR-11 road corridor, national highway linkages and upgrades around Mohali International Airport have already led to a re-rating of surrounding areas, including Aerocity and the wider airport belt. As new connectivity projects and urban extensions are delivered over the next few years, these nodes are expected to solidify as long-term residential and commercial hubs, providing further upside potential for early, well-advised investors

The Role of Expert Advisory

For NRIs investing from thousands of miles away, the quality of local advice becomes as important as the asset itself. This is where specialist advisory firms are playing a pivotal role. Epique Real Ventures, a Punjab-focused consultancy, has been recognised with multiple regional honours, including "Emerging Start-Up of the Year" in real estate advisory and a top NRI-focused realty award presented in the presence of senior state leadership, for its work in structuring and executing NRI transactions. The firm's model combines on-ground due diligence, RERA and legal verification, pricing and negotiation support, and post-possession assistance, enabling overseas investors to operate with the same level of discipline and transparency they would expect in North American markets.

Insight from Leadership

Commenting on the trend, Hiimaanshu Pant, Managing Director of Epique Real Ventures, says: "NRIs in the US and Canada are no longer looking at Punjab property only as an emotional investment; they are evaluating it the way they would assess any serious asset class, on fundamentals, governance and long-term risk-adjusted returns.[web:58] Our role is to sit on their side of the table, filter out noise, and convert distance and information gaps into clarity, structure and confidence."

Conclusion

For US-based NRIs evaluating exposure to India beyond equities and remittances, Punjab's property market, supported by data-driven advisory from recognised firms like Epique Real Ventures, offers a compelling proposition: the familiarity of home combined with the rigour of institutional investing.

Learn More About Epique Real Ventures:

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