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 …
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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5 Factors To Check When Buying Property In India Tags: nri, nri property investment, property buying for nri, property buying tips for nri, Property Infographics, Real Estate Infographics, things to consider before buying a property
Ten years ago just like every aspiring Indian; Sumit too had dreams of owning a plush property in his hometown in India. As luck would have it, he was presented with an interesting opportunity and he headed overseas to live a luxurious and copious life. With a better financial situation, Sumit could not contain his …
Property prices in India might be significantly increasing but owing to the depreciating Indian rupee value NRIs consider property investment in India as a lucrative option. However, it can be a nightmare for a NRI to invest in any property in India if the paperwork is not in order or is missing. He/she can make …
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