A Dubai-based non-resident Indian (NRI) has expressed strong reservations about further investing in Indian real estate, citing significant challenges despite the apparent attractiveness of the market. The individual, who owns properties in Hyderabad and Bengaluru, reported a meager net rental yield of 2-3%, which is overshadowed by higher returns available in their UAE savings account. Furthermore, they highlighted the adverse effects of currency fluctuations, noting that the USD to Indian Rupee exchange rate has shifted from 83 to 95 in two years, resulting in a 14% loss before any property management costs. The NRI also pointed out the complexities involved in tax processes, such as tenant TDS and repatriation forms, which complicate property management and discourage potential renters. Social media reactions reflect a growing sentiment among NRIs that investing in Indian real estate may not be wise, with some suggesting that limiting property ownership could help stabilize the market for local buyers. This discussion underscores the need for potential investors to carefully consider the hidden costs associated with real estate investments in India.