Why should NRIs invest in Indian realty market

1. storeboardl Blogs v What are you looking for? Blogs SIGNUP H LOGIN LEARN MORE Members Why should NRIs invest in Indian realty market? sb it m 0 w J3 a Posted: March 14, 2018 @ 9:04 am ifr Like 2 Portfolio• Follow• Friend Share Facebook Tweet QR• Sto re Videos Blogs Images Products Audios Coupons Deals Networks Groups Directory Classifieds Forums Channels Locations Board Advertise Premium Other Blogs Posted By: Favista How much is Coldwell Banker Residential Franchise? Coldwell Banker is an affiliate of Realogy Inc., which ... Real Estate Micro-market boom as gaps bridge of Chembur, Powai & Thane with rest of MMR As per the data compiled by the consultant of property ... Real Estate Varied types of Realty Development BrownfieldIn general, it basically refers to the previo... Real Estate FNG Expressway to change the real estate landscape of NCR There have been talks of the interlinking these cities ... Real Estate The implementation of RERA Act on the developers and realtors coupled with GST transparency in India similar is the dawn of the ethical and truthful real estate in India. Non-resident Indians’ confidence is restored inNRI investment in real estate companiesto invest due to the positive developments. Demonetization has added to the positive attitude towards Indian economy’s future thus now again these are considering investing in India in RERA approved projects having clear image and status. This is a new era and fresh emerging of the Indian real estate from non-resident Indian investment point of view. Economic crisis and advantages to NRIs, OCBs, and PIOs (Bj Supertech Scarlet Suites In the present era,everyone needs to stay in the middl... Real Estate View More Real Estate Blogs 9 A Real Estate in India is the most important revenue generating sectors. The growth and depreciation in the sector directly influence the economy. Having the property of the owner is the matter of pride for the Indian attachment to property is immense. This is also thebest investment plan for NRIs in India. Property investment is believed to be the smartest move as the chances of loss are negligible. The growth graph of realty sector is observed to be escalating day by day. The growing trend in the realty business is witnessed not only in metropolitan cities such as Chennai, Delhi, Bangalore, Hyderabad, Mumbai, etc. but also in states such as Lucknow, and Jaipur which is developing the faster pace and has opened gates for the investment. Foreign investment With consistent growth of the real estate sector, foreign investment is also setting in. the raised bar with the ethical as well as improved dealing has added to the growth of real estate. More and more non-resident Indians and foreign investors are eyeing the Indian property as lucrative. The world’s renowned banks such as Morgan Stanley, etc. are now investing a large sum of money in Indian Real Estate market. Sue for the contribution the rates of property have tremendously hiked as well as huge returns are assured for investors. What are NRIs should check before purchasing property in India Title of the property Check credentials of the seller and whether he has the authority for selling the property. Especially, this is important in the case of joint ownership. No dues certificate This specific document makes sure that seller has no pending dues for unpaid maintenance or electricity bills. It is significant to verify that you get a house without liabilities. Release/discharge letter from the bank The letter is required if the property you decide to purchase was mortgaged. A discharge letter is actually a proof that the seller has paid the complete loan. Litigation To find out if the property was involved in the litigation, contact registrar where the records of the titles are maintained. Also, it helps to get in touch with head or leading member of residential society like people are generally aware of pending the litigation in the case of apartments. Approvals and permit While buying from the builders, check clearly that these have acquired all approvals with respect to the conversion of land, environmental compliance and construction plans. In the terms of choice, Indian markets are there. Be it stocks, real estate, deposits, mutual funds or life insurance. The market is deep as well as liquidity is no prime concern for individual investors. The country today offers greater investment chances. To ensure most of it, the investors require taking proper precautions while committing funds to India. One way you actually can minimize the risk of the frauds or bad advice is by choosing a credible financial adviser. There, of course, will be numerous ups and downs. Things may not really turn out the way one can expect these too. But then, if you have done the research and homework well, you, of course, stand a better chance of meeting the goals.

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