Renting a property from Non-Resident Indian (NRI) landlords brings forth a unique set of considerations and opportunities. As the global diaspora invests in Indian real estate, tenants must be well-informed to ensure a smooth and mutually beneficial rental experience. In this extensive guide, we will delve into useful tips for tenants paying rent to NRI landlords, drawing insights from the latest Indian news and sources.… Read more
Key Considerations When Buying a Resale Home from NRIs
In the dynamic real estate landscape of India, purchasing a resale home from Non-Resident Indians (NRIs) offers unique opportunities and challenges. As the Indian diaspora continues to invest in property back home, it becomes crucial for prospective buyers to be well-informed about the intricacies involved in such transactions. In this comprehensive guide, we will explore the essential aspects and considerations when buying a resale home from NRIs, drawing insights from the latest Indian news and sources.… Read more
Budget 2024: Streamlining TDS Compliances for NRIs
In the dynamic landscape of fiscal policies and financial regulations, Non-Resident Indians (NRIs) find themselves navigating the complexities of Tax Deducted at Source (TDS). The year 2024 brings with it a set of expectations from the NRI community, primarily centered around the desire for simplified TDS compliances. In this article, we delve into the intricacies of these expectations and explore the potential impact on NRIs’ financial dealings.… 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 NRIs are Choosing Indian Real Estate
In recent years, there has been a noticeable surge in Non-Resident Indians (NRIs) investing in the Indian real estate market. This trend is indicative of a growing confidence in the Indian economy, coupled with an increased desire among NRIs to secure a piece of the real estate pie in their home country. In this article, we will explore the factors driving NRIs to invest in Indian real estate, highlight the top cities witnessing NRI investments, and identify emerging hotspots that are catching the attention of overseas investors.… Read more
Safe Investment Plans for NRIs in Kerala Real Estate
For Non-Resident Indians (NRIs), the allure of investing in real estate back home, particularly in a culturally rich and economically vibrant state like Kerala, is a compelling prospect. However, the dynamic nature of real estate markets demands a thoughtful approach. This article delves into safe and prudent investment plans tailored for NRIs in Kerala, considering both the potential returns and the security of their hard-earned capital.… 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
Exploring the 35% Spike in NRI Interest in Indian Real Estate!
It looks like non-resident Indians (NRIs) are having a bit of a Swades moment! No, they’re not going back to their home country, but they’ve been buying property in India with enthusiasm. According to Business Insider, NoBroker’s co-founder and chief business officer Saurabh Garg has seen a 35% year-on-year increase in NRI investments in residential real estate in India. This trend is most likely due to their desire to live in gated communities with lots of amenities. Not only are these communities popular with NRIs, but also with affluent Indian citizens.… Read more
Key Considerations for NRIs Selling Property in India!
Selling real estate in India necessitates various monetary and legal concerns for a Non-Resident Indian (NRI). NRIs need to be mindful of specific rules and tax repercussions while purchasing property, whether it is residential, commercial, or agricultural. This article outlines the important issues that NRIs should take into account while selling property in India. … Read more
Tenant’s Guide: Navigating Rental Agreements with NRI Landlords!
Are you contemplating renting a property from a landlord who may be an Indian NRI? There are several guidelines you should be aware of if you are. First and foremost, it’s crucial to confirm that your owner has named a representative in India who may act on their behalf in the event of any legal or support concerns. Make sure, without a doubt, that you have a written rental agreement in place that outlines the terms and circumstances of your lease. This should include information on lease payments, security deposits, and any other applicable costs or fees.… Read more