In recent years, the Indian real estate market has witnessed significant fluctuations due to various economic, regulatory, and market factors. For non-resident Indians (NRIs), investing in the Indian real estate market has been both an attractive opportunity and a daunting challenge. As we step into 2024, many NRIs are contemplating whether it’s the right time to dive into this market. Let’s explore the dynamics influencing NRI investments in Indian real estate and assess whether 2024 presents a favorable landscape.… Read more
2024 PPF Facts for NRIs
The Public Provident Fund (PPF) has long been a favored savings avenue for residents of India, offering a mix of safety, tax benefits, and attractive interest rates. However, for Non-Resident Indians (NRIs), the eligibility and functionality of PPF accounts come with specific considerations. As of 2024, understanding the nuances of PPF for NRIs is crucial for those seeking to leverage this investment tool while residing outside of India. This comprehensive guide explores the PPF account for NRIs in India, drawing insights from the latest Indian news and sources to provide a thorough understanding of the eligibility criteria, features, and regulatory landscape.… Read more
NRI’s Guide to Indian Agricultural Land Laws
Agriculture has been the backbone of India’s economy for centuries, and with the growing global interest in the country’s agricultural sector, Non-Residential Indians (NRIs) are increasingly considering investments in agricultural land. However, navigating the complex legal landscape surrounding agricultural land in India can be challenging. This guide aims to provide a comprehensive overview of the key laws and regulations governing agricultural land ownership for NRIs.… Read more
Why do NRIs need a Power of Attorney?
A Power of Attorney (POA) is a person who is legally responsible for the actions and misdeeds of the principal person they represent as a home-buyer. In India, many property buyers use a POA to help them with transactions related to purchasing a home. These transactions may include capital purchase of land or home, lease, sale of the property, or mortgage. When purchasing a home, you must hire a trusted and reliable power of attorney to assist you with the purchase process. A POA is commonly used by non-resident Indians (NRIs) looking to purchase property in India.… Read more
Bangalore is a hotspot for NRI investment
Tags: NRI Tips
Bangalore is seeing a surge in real estate investment by Non-Resident Indians due to psychological links to the country, profitable prospects, and the existence of property management businesses to maintain the purchased properties (NRIs). … Read more
Is Indian Real Estate Profitable For an NRI?
Tags: NRI Tips
Investments from Non-Resident Indian (NRI) are a common aspect of our economy. The trend has also extended to the real estate sector, where NRIs invest to gain profits. However, the growth has slumped due to the COVID-19 pandemic faced by nations across the globe. Amidst the pandemic, the sector may have shown zero to low rate growth, but NRIs have always remained a sweet spot.… Read more
5 tips for NRIs investing in Indian real estate
Tags: NRI Tips
Even though Indian real estate is facing turbulence lately, there is a rise in NRI investment in our country. According to recent research, USD 80 billion from the inward remittance into India last year, more than USD 13 billion was in the real estate property sector. … Read more
