NRI investment norms in real estate eased
Whether it's residential or commercial property investment, NRIs can invest through their representatives in India by giving power of attorney.
View ArticleUAE NRIs rush to buy property in India as rupee falls
Non-resident Indians (NRIs) in the UAE are buying properties in India taking advantage of the fall in rupee, industry players have said.
View ArticleNRI real estate investment norms simplified
With the simplification of investment norms, NRIs need not file any documents with RBI even for purchase of commercial property under the general permission, says Subhash Lakhotia.
View ArticleShould NRIs buy property in India now?
The tepid realty market in the country and the weak rupee are making property investments more lucrative for non-resident Indians.
View ArticleCourt asks HMT to pay over Rs 3 cr damages to LIC
A Delhi court has asked HMT Ltd to pay over Rs 3.38 crore damages to LIC for delay in vacating its rented premises in high-security Lutyens Zone.
View ArticleIndians dominate foreign property purchases in Dubai
Foreign investor purchases in freehold projects in Dubai are still dominated by Indians who have retained the number one spot since foreign ownership regulations were applied.
View ArticleHow NRIs can transfer title of inherited property
Dealing in Indian real estate matters, especially if you have lived outside the country for a long time can be a nightmare.
View ArticleGuide for NRIs to sell inherited property in India
We will look at what documents you need, how you can arrive at the sale value and how to complete the sale transaction.
View ArticleHow NRIs can deal with tax and repatriation issues
If you sell the property after 3 years from the date of purchase, you will be liable for long term capital gains tax of 20%.
View ArticleNRI Arun Mehra builds Taj Arabia in Dubai
Mehra wants to dedicate this new monument to ‘love in the world’ and says it’d be practical to build the Taj given the rock-bottom construction costs.
View ArticleHow NRIs can protect their Indian property from illegal possession
Property in many parts of India continues to remain susceptible to encroachment. Here are steps NRIs should take to protect property in India.
View ArticleWhat NRIs should do when they inherit property in India
India does not tax inheritances at the time when such inheritance is received. Tax is levied only on the income generated by the receiver.
View ArticleRupee depreciation helping UAE NRIs buy properties
The weakening rupee gives more power to dirham and current sluggish mkt enables them to buy properties at cheaper rate.
View ArticleNRIs facing property encroachment? Steps to get it back
Keep all payment receipts, cheques, bank drafts (if any) paid to the sellers and annual property tax receipts,” advises an expert.
View ArticleNRI looking to buy home in India? Tips to get an easy loan
Owning a home is a dream. NRI home loans are now easily available in India, subject to fulfillment of certain conditions.
View ArticleBuilders flay govt for doing little on skill enhancement
Under the Building and Other Construction Workers Welfare Cess Act of 1996, the government collects 1 per cent of the construction cost
View Article55% Indian-Americans own house in US: report
Foreign-born owned households with a householder from Europe were the most likely to be owned free and clear (40 per cent).
View ArticleNRIs could do with introduction of Real Estate Bill
For long now, Non Resident Indians have faced a major pain point in real estate transactions.
View ArticleNRIs hope to build their homes in India on Re crash
Realty developers likely to gain from a fresh burst of interest from NRI buyers who now have to pay less dollars.
View ArticleIndians bought $ 3.5 billion US realty in year ending March 2013
Canada, China, Mexico are the top three countries buying into the United States, followed by India and the United Kingdom.
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