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Property Buying Guidelines For NRIs In India

The depreciating rupee value, the volatile Indian realty market, attractive NRI schemes and the fanaticism to own a property in India have all contributed to an increasing number of NRI property investments. FEMA (Foreign Exchange Management Act), which falls under the purview of Reserve Bank of India (RBI) was introduced in the year 1999 to …

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NRIs have advantage in luxury property market in India

SINGAPORE: NRIs have an advantage in luxury property market in India post-demonetisation as real estate developers in major cities of the country have “significantly” dropped property rates, according to Singapore-based business analysts. “Given the recent demonetisation move, property rates have significantly dropped across various cities in India,” said Abhijit Ghosh, India Desk leader at PricewaterhouseCoopers …

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Which Locations Should An NRI Invest In Property In India?

Cities that are witnessing massive infrastructure development and present excellent growth and appreciation potential are the ones that attract NRI investments. And cities that fall out of favor for the resident Indian market due to any number of reasons also tend to be ignored by the NRIs. Places like Gurgaon, Pune, Bangalore, Chennai, and Kochi …

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What Are The Factors Influencing An NRI’s Decision Of Buying Property In India?

NRIs have been and continue to be a driving force in keeping up demand for property in India. A large part of the demand for high end and luxury apartments and homes is fuelled by the NRI community. NRIs Typically Look For A Relatively Safe Investment Bet With Fair Chances Of Appreciation. This is because …

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