Hi Ive been following up this form for some time Ive been in USA for around 8 years. As of now Ive not invested in real estate in India Chennai. I guess the Chennai Realestate price have increased multiple folds and I assume it will keep increasing. As may of you folks have done when ever I use to visit Chennai on vacation I use to visit some of the plots, Flats, old houses etc
in Chennai but either the price is too high or its not a worth for investment .
Days, Months and years have passed but Ive not purchased any thing till date what Ive is all cash which Ive half in FD India. Remaining Money Ive as US dollars. As you know how interest works in US we do not get any returns by investing in US banks Only good thing that I feel happy now is increase in exchange rates(Not sure how long this will last :)). I want settle down in India which I am not sure when. I need advise if I can hold US dollars or send all USD to India and either invest in Real estate or FD or do some thing else. Do we have any chance that USD value will increase in future.
Please advise
Days, Months and years have passed but Ive not purchased any thing till date what Ive is all cash which Ive half in FD India. Remaining Money Ive as US dollars. As you know how interest works in US we do not get any returns by investing in US banks Only good thing that I feel happy now is increase in exchange rates(Not sure how long this will last :)). I want settle down in India which I am not sure when. I need advise if I can hold US dollars or send all USD to India and either invest in Real estate or FD or do some thing else. Do we have any chance that USD value will increase in future.
Please advise