For Non-Resident Indians (NRIs), selling property in India involves a complex process influenced by various legal, financial, and logistical considerations. As the real estate market in India evolves, NRIs must carefully navigate these factors to ensure a smooth and successful property sale. Here are some key points that NRIs should take into account while selling property in India.… Read more
Indian Real Estate: A Lucrative Investment Option for NRI Investors!
The Indian real estate market has long been a magnet for Non-Resident Indian (NRI) investors seeking to capitalize on the country’s growth and diversify their investment portfolios. With its dynamic economic landscape, demographic trends, and evolving property sector, India presents NRIs with a unique opportunity to harness the potential of the real estate market for financial gains and long-term wealth accumulation.… Read more
Key NRI Documents for Property Purchase in India!
Here are the documents required for NRIs to purchase a property in India:… Read more
I-T Department’s Notice: NRIs with Inoperative PAN Need Residential Status Proof!
Income Tax Department (ITD) has asked non-resident Indians (NRIs) whose PAN cards have become inoperative to submit proof of their residential status. The ITD has given NRIs time until July 31, 2023, to submit the proof.… Read more
NRI investment in Indian real estate has more than doubled!
The allure of India’s real estate market has caught the attention of Non-Resident Indians (NRIs) who are increasingly looking to invest in properties back home. In recent years, NRI investments in Indian real estate have witnessed a significant surge, with the numbers doubling and signaling a strong vote of confidence in the country’s property market. In this article, we will delve into the factors driving this trend and explore the benefits and considerations for NRIs investing in Indian real estate.… Read more
Five reasons why NRIs should think about investing in real estate in Pune, India
For Non-Resident Indians (NRIs) looking to invest in real estate in India, Pune is a city that should be on their radar. Located in the western state of Maharashtra, Pune is a vibrant city that is known for its IT industry, educational institutions, and cultural heritage. Here are five reasons why NRIs should consider Pune for realty investments in India.… Read more
How may NRIs use powers of attorney to handle real estate in India?
Simply put, it is an authorization (power of attorney) that a principal provides to a representative. The principal and the solicitor have a private relationship, and the principal would be bound by the solicitor’s decisions. For instance, if a person purchases property in India but is unable to see it in person, Any family or friend with a power of attorney registered can get these rights and duties by editing registration.… Read more
Why do NRIs feel the need to buy land in their native country?
“The epidemic sparked the desire of NRIs to own a home once more in India. It served as financial insurance and gave them a sense of belonging to the nation. The decreasing value of the Indian rupee was another factor that encouraged thousands of Indians who were based in other countries to purchase a home in India. The rupee has been trending downward since 2018. It declined to utilize 8.6 consistent with cent in 2018, 2 consistent with cent in 2019 and 2020, 1.5 consistent with cent in 2021, and 10 consistent with cent from 2022 to the present, according to him.… Read more