NRI renting the property
September 26, 2019 NRI
Being an NRI Deepika can rent out her Indian property and receive the rental income or rental yield in her NRE or NRO account which can be easily repatriated. The IT Act allows NRIs attractive rebates on rental income from house property resulting in tax rates being significantly lower on rental income as compared to normal income. However, Deepika has...
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NRI’s guide to selling property in India
September 26, 2019 NRI
It often happens that Non-Resident Indians wish to buy and sell properties in India. It can be selling a parental property in a tier-3 city and buying new properties in metropolitan cities. Managing properties in India can at times be very tedious for NRIs, then be it management and repairs of the property or paying property taxes. In this blog,...
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Why will NRIs invest in India
September 25, 2019 NRI
My NRI friend Deepika who had been staying in the USA for the past 13 years is finally coming back to India to spend her golden years here. The decision is a mix of emotional and practical reasons. Of course the States was better than India in a lot of aspects and she also had community support of fellow Indians...
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How Power of Attorney Helps NRIs to Manage their Property
September 25, 2019 NRI
Deepika is currently in the States and is completing the procedure to come back to India permanently by the end of this year. She was in India for a little while and had chosen a property to buy for residential purpose. Now she has gone back and won’t be coming before completing the formalities to shift base to India which...
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Taxation & Subsidy applicable on NRI
September 25, 2019 NRI
In the last two blogs we covered topics on NRIs and if they can avail home loans in India to buy a residential or commercial property. In this blog, my friend Deepika who is an NRI looking to shift back to India permanently, would like to understand in depth about the taxation and subsidy policies available to NRIs while investing...
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Can NRIs get a home loan to purchase property in India
September 25, 2019 NRI
As mentioned above, my NRI friend Deepika who has been living in the US for the past 13 years and now wants to shift to India permanently. We had discussed topics regarding her NRI status and the number and type of properties she could buy. In this blog, we shall be covering topics regarding home loans. Due to weak rupee...
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Can an NRI buy property in India
September 25, 2019 NRI
Like migratory birds, NRI come back to settle down for good at their native places. One of my friends, Deepika was living in the US for the last 13 years and used to visit India every year. She now plans to come back permanently because of practical and emotional reasons. She has decided to invest in the real estate market...
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Four Most Common Myths About Dementia
August 28, 2019 Senior Living
Dementia is a group of symptoms related to the loss of memory and other mental faculties which impairs a senior person’s ability to perform simple day-to-day activities. The most common form of dementia is Alzheimer’s disease. World Health Organisation predicts the number of people living with dementia may double every 20 years to 42.3 million in 2020 and 81.1 million...
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An NRI’s Guide to Investing in Indian Real Estate
August 20, 2019 Investment
From the beginning of time, man has been a traveller. Moving from place to place in search of food, safety and better occupational and vocational opportunities. People have now begun to settle down and identify themselves as a native of a particular geography. They still move on to greener pastures in their youth but as the twilight years approach,...
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Upcoming RRTs in the NCR
August 14, 2019 Investment
