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19 March 2019 - 14:00, by , in NRI, No comments
The government is pulling out all stops in making ‘Housing for All by 2022’ a success. As an initiative, the norms to withdraw Employees Provident Fund (EPF) have been relaxed further to enable members of the Employees’ Provident Fund Organisation (EPFO) to withdraw money from their EPF accounts to fund the purchase or construction of...
NRI Investments in India
18 March 2019 - 14:00, by , in NRI, No comments
India’s long standing parliamentary democracy and liberal economic policies make it a safer destination than many emerging markets. NRI must consider several factors while assessing the risk in the realty market. While NRIs may want to investments in Indian real estate to benefit from correcting prices and a depreciating rupee, there is much research and...
Best Property Investments in India
14 March 2019 - 14:00, by , in NRI, No comments
Nonresident Indians or NRIs are looking more and more towards their home country to invest their money. After the reforms of 1990 with the commencement of liberalization, India has become one of the best investment for NRIs. There are several stories of flats/plots from the ’50s which were bought for a few thousand rupees being...
INCOME TAX
11 March 2019 - 5:52, by , in NRI, No comments
The income tax rules give various heads of income, for taxation, depending on the nature of activities carried out by you. A particular income may be taxed under the head ‘Profits and Gains of Business or Profession’ or the head ‘Capital Gains,’ depending on whether you are regularly dealing in the asset, or you are...
reit
8 March 2019 - 14:00, by , in NRI, No comments
There is a lot of debate about investing in Real Estate Investment Trust and how it is different from investing in the Real Estate market. REIT is a relatively newer concept in India however it is a very popular instrument of investment in western countries.A REIT, or Real Estate Investment Trust, is a company that...
AUCTION
4 March 2019 - 14:00, by , in NRI, No comments
Generally, the default in payments of EMIs for a home loan is a person’s last resort. So, it is very likely that the homeowner must have defaulted on paying local taxes and social charges. Since the homes are sold under ‘as it is where it is the basis,’ it is the responsibility of the proposed buyer...
smart city
1 March 2019 - 14:00, by , in Property Trends, No comments
With the real estate market in Noida stagnating, its close neighbor, Greater Noida, has slowly come into the limelight. As the Noida market faced several developer-related issues, home buyers turned to Greater Noida, owing to its connectivity with the center of Delhi through the expressway and its vast, spacious real estate developments. Greater Noida is now...
real estate investment
28 February 2019 - 14:00, by , in NRI, No comments
REIT stands for assets Investment Trust; they’re the consecutive huge step within the direction of transfer stability and liquidity to the important estate sector. Their introduction is seen as a maturing issue for the present assets market in India. The most important challenge faced by the important estate sector within the gift times is poor...
mortgage
27 February 2019 - 14:00, by , in NRI, No comments
Financing Real Estate transactions necessitate security against the loans. The security is the underlying asset for which financing is required. Charge creation is a burdensome and legal process which makes the form of creation of security a fascinating aspect. It is widely known that mortgage is created on the real estate properties in favor of the lender...
Government Thrust on Affordable Housing
26 February 2019 - 14:00, by , in NRI, No comments
A nation’s economic growth and social wellbeing are indicated by urbanisation and housing. India’s urban population is likely to reach 60 crore by 2031 up from 37.7 crore today (source: The Economic Times).  However, the housing has not grown at the same pace. 96% of housing shortage is accounted for by the economically weaker sections...