A square look at property exhibitions for NRI audience
However, even NRIs who take a more calculated approach to their buying decisions will be influenced by the psychological hooks that are thrown out at such events.A square look at property exhibitions...
View ArticleHNIs, NRIs drive Tata Housing online sales
Online sales of Tata Housing have gained traction in recent months largely on the back of interest from young HNIs and non-resident Indians.HNIs, NRIs drive Tata Housing online sales
View ArticleForeign investments back in Indian realty after lacklustre 5 years: JLL India...
Foreign investors’ interest in Indian real estate is on the rise once again almost after five years as indicated by India-specific cumulative fund raising.Foreign investments back in Indian realty...
View ArticleIndian residential property to attract $1 billion investment: Milestone...
Costs on real estate construction are seeing stability with fuel prices down, which leaves developers with overall margins for positive growth.
View ArticleNRIs turn to startup expertise for their real estate investments
Growing number of NRIs are seeking companies in the home aggregator and rental space to manage their properties in India.
View ArticleFor over 600 NRIs, realty dream turns sour
The dream of returning to the motherland for NRIs with guaranteed fixed income has been dashed in a long-drawn legal battle with the developers.
View ArticleNRIs have advantage in luxury property market in India
"Given the recent demonetisation move, property rates have significantly dropped across various cities in India," said Abhijit Ghosh, India Desk leader at PwC Singapore.
View Article'Post-demonetisation best time to invest in property'
Despite initial hiccups, experts foresee an uplift of the real-estate sector in the long-term as a result of these corrective measures.
View ArticleGreystone EB-5 eyes Indian millionaires, billionaires in US
The EB-5 program is a US government immigration initiative that provides foreign nationals an opportunity to receive a permanent visa to the US.
View ArticleIndians spent $112 mn in buying property overseas
However, the share of funds spent on buying homes aboard through the LRS fell from 8 per cent in 2005-06 to 1 per cent in 2016-17, it added.
View ArticleWeaker rupee, regulations make realty attractive for NRIs
Rupee rout can be seen as an investment opportunity for individual buyers as well as institutional investors.
View ArticleLuxe home sales rise as NRIs return to market
NRIs typically invest in their home markets first, followed by key markets.
View ArticleHousing for all: HC proposes ban on NRIs from buying houses in India
The court has directed them to answer a series of questions including as to how many families have basic amenity of housing in India as well as in Tamil Nadu, population and housing ratio in the...
View ArticleSterner residency rule triggers flurry of questions from NRIs
The budget talks about taxing “stateless people” who game the system, hop around from country to country and do not pay tax in any other jurisdiction. The government has assured that “bona fide...
View ArticleRealtors rely on NRIs for sale during lockdown
According to property consultant Anarock, the rupee’s depreciation had been a factor of considerable interest for NRIs considering Indian real estate as a sensible investment option during these...
View ArticleForeign nationals buying immovable property illegally; authorities be extra...
As per FEMA regulation, an Indian citizen resident outside India and PIO resident outside India may acquire immovable property in India other than agricultural land.
View ArticleNRI investments in realty sector may rise 35% this year: Survey
Property developers are expecting a 35 per cent surge in real estate enquiries from NRIs, with Bangalore turning out to be the hot favourite, says an Assocham survey.
View ArticleGlobal citizen: Overseas, home is still a distant dream
A dull global real estate outlook along with liberalised remittance scheme limits hits activity on overseas home buying front for Indian HNIs.
View ArticleGovt boosts confidence: NRIs make bulk property purchases anticipating realty...
Property markets in Bangalore, Ahmedabad and outskirts of Mumbai are generating good interest among buyers in the UAE, Singapore, the US and Canada.
View ArticleHinduja group acquires UK's Old War Office building
Once the office of Churchill, the building was constructed in the years between the start of the 20th century and the outbreak of the First World War.
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 ArticleCourt asks HMT to pay over Rs 3.38 crore 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 ArticleStep by step guide 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 on sale of inherited property
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 ArticleShah Jahan finds a competitor: NRI 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 Indian Americans 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 in India: Survey
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 ArticleSunday ET: Global Indian: Buy property worth Rs 1.2 cr or more, get right to...
Under the new legislation, which is in the pipeline, residency permits will be given to foreigners if they buy property worth Euro 160,000.
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 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 ArticleBuilders body flays govt for doing little on skill enhancement
Under the Building and Other Construction Workers Welfare Cess Act, govt collects 1% of the construction cost
View ArticleBudget 2013: NRIs could do with quick 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 Rupee crash; enquiries jump 20% in...
Realty developers likely to gain from a fresh burst of interest from NRI buyers who now have to pay less dollars.
View ArticleWill rupee depreciation bring NRI real estate investors back home?
NRIs are amongst the top five investor communities especially in and around the Middle East which were largely responsible for reviving the Dubai property market.
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.
View ArticleFalling rupee makes Mumbai's expensive properties affordable for NRIs
Experts said a city flat costing Rs 5.5 crore ($1 million) in May will now cost around $900,000 for an NRI investor.
View ArticleNRI interest in Gurgaon realty goes up as Rupee touches historical low
Gurgaon has emerged to be one of the most lucrative investment options for NRIs since it ensures a good return on investment.
View ArticleSliding Rupee: More NRIs consider investing in Indian properties
Though the US dollar has hardened against many other currencies, NRI investors are more inclined towards India, albeit partly, due to the emotional bond with the country.
View ArticleRupee slide spawns interest in NRIs to buy property back home: Survey
According to the survey, Bangalore emerged as the most favourite property investment destination for NRIs, followed by Chennai, Mumbai, Ahmedabad and Dehradun.
View ArticleRealtors expect more investment from expats on rupee fall
"With the rupee riding low against the dollar, Indian residents are looking to accelerate investment plans back home," ASSOCHAM's secretary general D S Rawat said.
View ArticleRupee slide: Should NRIs buy houses in India now?
For most Non Resident Indians (NRIs), the preferred asset class continues to be real estate. But with the India story looking a little bleak, is property a good investment right now?
View ArticleTips for NRIs investing in commercial property in India
If you are looking at buying retail space, it is advisable to look at high street rather than a mall as a strata sold mall is a recipe for disaster.
View ArticleRealty bites: Despite weak rupee, NRIs not keen to buy property in India
Property in the US is cheaper than plush locations in metros like Mumbai and Delhi but slightly more expensive than Bangalore.
View ArticleBulk of NRIs' complaints related to property disputes
Punjab Government has established independent NRI Police Wing for the speedy and transparent disposal of complaints from the NRIs.
View ArticleAn NRI's guide to investing in property in India
RBI's regulations are fairly easy and no prior permission is required from the authorities. The rules for property transaction fall under FEMA.
View ArticleMumbai favourite among UAE-based NRIs for property investment
Mumbai has emerged as the top Indian city for property investments by NRIs in the UAE with Bangalore being the second most popular, according to a survey.
View ArticleIndians bought US real estate worth $ 5.8 billion in FY'14
China tops the list of foreign nationals with $ 22 billion in real estate investment for the one year period ended March 2014.
View ArticleNRIs land dispute: Punjab government to evolve policy
The government's NRI department will come out with a policy framework in consultation with Revenue and Urban Development departments.
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