Commercial development in smart city Bhiwadi
September 26, 2019 Premium Homes
A bustling industrial town and termed as the gateway to the royal state of Rajasthan, Bhiwadi in Alwar district is spread over nearly 5300 acres with over 2500 operational MNC and domestic industries. It was a tier II city but now Bhiwadi has emerged as a credible alternative to Gurgaon as it’s social and physical infrastructure and civil amenities are...
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Ready to move-in or under construction apartment?
September 26, 2019 Premium Homes
The definite answer to the question, which is better: under construction or ready to move in, doesn’t exist. There is no right or wrong, it all depends on the buyer and his/her end goals and financial status. We will venture into each aspect in detail but before that here are a few statistics for your reference. The Indian Real estate...
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Investing in flat or Investing in plot in India
September 26, 2019 Real Estate
Not too long ago, a man’s worth was gauged by whether he had his own house on his own land or not. Nowadays apartments or flats are the most popular choice for new-age nuclear families. They are available in every budget, easy to maintain and come with a host of facilities for every member of the family. The community culture...
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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
