ABSTRACT
The chapter examines diasporic investments in land and real estate in coastal Andhra Pradesh, situating these transregional financial flows within the political economy and social formation of the region and tracing their social meanings and implications. NRI (Non-Resident Indian) property reflects the agrarian and caste origins of the regional diaspora, reproducing a particular cultural logic of value production centred on the accumulation of family property. The chapter argues that these flows are also entangled in wider financial networks that structure economic transactions between India and other sites, illustrating the ever more complex ways in which regional economies have become enmeshed in transnational circuits of finance capital in post-liberalization India.
