Category: NRI
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real estate
27 December 2018 - 6:17, by , in NRI, No comments
The Indian real estate has witnessed a sea change, over the last couple of years. However, in spite of the advancements in construction, the use of high-end technology, the advent of smart homes and flexible apartment configurations being made available according to the evolving market, the industry is going through a lull. Real estate experts...
rent
24 December 2018 - 10:00, by , in NRI, No comments
To join the high costs of living in rented accommodations, employers pay house rent allowance (HRA) to their employees. India’s income tax laws also provide benefits to people who do not own a house and live on rent, without receiving HRA. However, the tax benefit differs, in each case. Tax benefits available to salaried people...
NRI
21 December 2018 - 10:00, by , in NRI, No comments
Under the RBI’s norms, an NRI is allowed to purchase certain types of properties, while other forms of reality may require special permissions Any NRI, who is interested in buying a property in India, should be aware of specific legal provisions about the purchase or ownership of immovable property in India under the Foreign Exchange...
laws
20 December 2018 - 10:00, by , in NRI, No comments
Owners of household properties in Gurugram are liable to give property tax to the Municipal Corporation of Gurugram (MCG) each year. The MCG follows a secure system for property tax calculation that mainly takes into the record the size & use of the property. How to calculate capital tax for a residential property in Gurugram The...
retirement
19 December 2018 - 10:00, by , in NRI, No comments
Thinking about the future is absolutely important. Here is what you should keep in mind while investing in a retirement home. Retirement homes, earlier looked upon with disdain, are now gaining greater acceptance. Children of aged parents often, live away from their family. They are happier to have their parents living in safe retirement homes, in...
agreement
18 December 2018 - 8:50, by , in NRI, No comments
What is the tax accountability of a person, who had booked his apartment before the establishment of the Goods and Services Tax? We look at the Good and Services Tax law & the circulars and elucidation issued by the Central Board of Excise and Customs, to simplify the position. The GST has replaced the prior...
nri investment
15 December 2018 - 10:00, by , in NRI, No comments
While NRIs may wish to invest in Indian real estate to gain from correcting prices and a deflating rupee, there is much research and thorough planning involved. Here’s what you need to keep track of… At present, Indian real estate is a very widely held investment option for most NRIs. However, since they live out...
nri investment
11 December 2018 - 6:10, by , in NRI, No comments
While NRIs may wish to invest in Indian real estate to gain from correcting prices and a deflating rupee, there is much research and thorough planning involved. Here’s what you need to keep track of… At present, Indian real estate is a very widely held investment option for most NRIs. However, since they live out...
tenant Rights
10 December 2018 - 10:00, by , in NRI, No comments
The person who live in rental properties, often face disputes on minor/ tiny things with their property owner. Hence it is essential to know your rights as a tenant, as well as the rights of the landlord. Both must respect these rights to live harmoniously. When it comes to rental properties, there are few basic...
real estate
2 December 2018 - 8:37, by , in NRI, No comments
Benefits of land banking for buyers Appreciation of the land’s appraisal: Land is one of the rare assets that appreciate over time. Hence, buying property, with high development potential, at or near its present market value, ensures maximum value deliverance to the investor. If the land is secured at a time when demand is low,...