The Indian real estate market has long been a magnet for Non-Resident Indian (NRI) investors seeking to capitalize on the country’s growth and diversify their investment portfolios. With its dynamic economic landscape, demographic trends, and evolving property sector, India presents NRIs with a unique opportunity to harness the potential of the real estate market for […]
Tag Archives: NRI
Key NRI Documents for Property Purchase in India!
Tags: NRIRealty Guide
Here are the documents required for NRIs to purchase a property in India:
Claiming Tax Benefits: Section 115H and NRIs in India!
Section 115H of the Income Tax Act, 1961, India, provides for a concessional tax rate for certain incomes earned by non-resident Indians (NRIs). The concessional tax rate is available for investment income and long-term capital gains.
I-T Department’s Notice: NRIs with Inoperative PAN Need Residential Status Proof!
Income Tax Department (ITD) has asked non-resident Indians (NRIs) whose PAN cards have become inoperative to submit proof of their residential status. The ITD has given NRIs time until July 31, 2023, to submit the proof.
NRI investment in Indian real estate has more than doubled!
Tags: NRIReal Estate
The allure of India’s real estate market has caught the attention of Non-Resident Indians (NRIs) who are increasingly looking to invest in properties back home. In recent years, NRI investments in Indian real estate have witnessed a significant surge, with the numbers doubling and signaling a strong vote of confidence in the country’s property market. […]
Five reasons why NRIs should think about investing in real estate in Pune, India
For Non-Resident Indians (NRIs) looking to invest in real estate in India, Pune is a city that should be on their radar. Located in the western state of Maharashtra, Pune is a vibrant city that is known for its IT industry, educational institutions, and cultural heritage. Here are five reasons why NRIs should consider Pune […]
How may NRIs use powers of attorney to handle real estate in India?
Simply put, it is an authorization (power of attorney) that a principal provides to a representative. The principal and the solicitor have a private relationship, and the principal would be bound by the solicitor’s decisions. For instance, if a person purchases property in India but is unable to see it in person, Any family or […]
Why do NRIs feel the need to buy land in their native country?
Tags: IndiaNRIRealty Guide
“The epidemic sparked the desire of NRIs to own a home once more in India. It served as financial insurance and gave them a sense of belonging to the nation. The decreasing value of the Indian rupee was another factor that encouraged thousands of Indians who were based in other countries to purchase a home […]
How the post-pandemic real estate market in India provides a “distinctive advantage” to NRI homebuyers
Tags: NRI
Currently, the cost of 1 US dollar is about Rs 82. Business analysts in India regard it as a chance for NRIs to invest in India’s expanding and lucrative real estate market.
The NRI property wish list is HUGE and includes these 3 Indian cities.
According to a CII-Anarock poll on the top three destinations for NRI housing, Hyderabad, NCR, and Bengaluru are the most popular choices for NRIs when they pick assets in India. According to a poll conducted last year, Bengaluru, Pune, and Chennai were the top choices for most NRIs.
