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Hyderabad: Areas around IT Peripherals witnessing a major growth for residential gated communities

The IT hubs of Hyderabad have grown exponentially. The areas around the Gachibowli IT park are the preferred residential communities hotspots

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Hyderabad: Areas around IT Peripherals witnessing a major growth for residential gated communities

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  1. Is it the right time for NRIs to invest in the Indian realty sector HonerHomeswith a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiate and you-first approach, Honer Homes Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666

  2. Is it the right time for NRIs to invest in the Indian realty sector • Real estate sector in India has witnessed Non-Resident Indians as a significant segment of investors. The Indian Economy is currently witnessing an upward surge that will yield good rental over the years. This has drawn NRIs towards investing in commercial properties and luxury residential segment. • Also with the value of the Indian currency witnessing a significant low against the value of the US dollar; there is no better factor than rupee depreciation for the NRIs to invest in the Indian real estate sector. Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666 Honer Homeswith a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiated and you-first approach, HonerHomes

  3. FEMA rules set by the RBI for NRIs • To attract more foreign investment, the RBI has made simple rules for NRI investment: “An NRI or a person of Indian origin (PIO), as defined in FEMA, can acquire by way of purchase, any immovable property in India other than agricultural land/plantation property/farmhouse • This is under general permission that has been provided by the Government of India. However, no person with the citizenship of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan, shall acquire or transfer immovable property in India, other than lease, not exceeding five years, without prior permission of the Reserve Bank.  . Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666 Honer Homeswith a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiated and you-first approach, HonerHomes Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666 ccc Honer Homes with a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiated and you-first approach, HonerHomes

  4. Where can NRIs invest? • When buying a property for end-use there are many options in the residential sector. The speculation-led investment activity has reduced significantly and hence the residential market is at a better place. In most metro cities where sales in residential realty segments have stagnated, prices have not increased. However, while the prices in most metropolitan cities have remained stable for the past few years, Hyderabad real estate sector has seen a steady price appreciation across the city. • If the person is investing to yield a return on investment in the future, commercial property is the best choice. A good commercial property can give an average rental yield of 6-10% against the current residential property rental yield of 1.5-3.5%. Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666 ccc Honer Homeswith a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiated and you-first approach, HonerHomes Honer Homes with a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiated and you-first approach, HonerHomes Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666

  5. Real estate rules for NRIs • Financial transaction rules: • When it comes to property transactions in India, NRIs/ PIO can make payments out of • Funds remitted to India through normal banking channel. • Funds held in NRE/ FCNR (B) / NRO account maintained in India. • No payment can be made either by traveller’s cheque or by foreign currency notes. • No payment can be made outside India. • Loan eligibility for NRIs • By way of inward remittance through normal banking channels. • By debit to his NRE / FCNR (B) / NRO account. • Out of rental income from such property. • By the borrower’s close relatives, as defined in Section 6 of the Companies Act, 1956, through their account in India, by crediting the borrower’s loan account Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666 ccc Honer Homeswith a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiated and you-first approach, HonerHomes Honer Homes with a far-reaching scope, a commitment to excellence and a continued promise to provide a differentiated and you-first approach, HonerHomes Honer Developers Pvt Ltd., KRB Towers, Plot No. 1, Jubilee Enclave,Opp. HITEX Madhapur, Hyderabad - 500 081 Call:+91 7569856666

  6. Taxes for NRIs from real estate investment returns •  The overall market for property sales fell by 11% in the quarter ending in June, while in the same quarter, the property sales in Hyderabad has increased by 10%. Judging by the real estate scenario, it can, therefore, be considered a wise decision if NRIs can invest in the Hyderabad real estate sector. • Looking at the stable real estate statistics, it seems apparent that in the FY 2020 as well, Hyderabad will continue to be one of the brightest spots in the Indian residential landscape backed by a rise in job opportunities and advancements in infrastructure. Many upcoming locations in the western and eastern corridors of the city will witness a steep rise in property prices, thereby further drawing end-user and investor interest, especially NRIs.

  7. Thank You

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