Category: NRI
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loan
26 November 2018 - 10:00, by , in NRI, No comments
A pre-approved loan is a tool that is used by banks, to attract customers to avail of its facility without much stress. Usually, there is a fair amount of uncertainty for house buyers, till the bank admits of a loan amount. A pre-approved loan surpasses such uncertainty and directly offers its customers with a home...
NRI
14 November 2018 - 14:00, by , in NRI, No comments
An NRI who desires to buy a property in India should have in mind the rules that govern the purchase & sale of property, as well as income made from the property. NRIs have been a significant division of investors, in the Indian real estate market. Non-Resident Indian (NRIs) usually buy properties in India for...
senior
31 October 2018 - 11:00, by , in NRI, Property Trends, No comments
Proximity to the multi-dimensional joint family still exists, despite modernization, home for senior living is fastly gaining fame. This type of property has become quite widespread among the retiring class particularly for those whose children are studying or settled overseas. The elderly are choosing retirement houses or the senior citizen living as a preferred choice of...
gst
24 September 2018 - 14:00, by , in NRI, No comments
It’s been more than three months since the revolutionary Goods and Services Tax (GST) was enforced in the country. Income from rental property is one of the biggest sources of income for a number of people in the country and has become a dynamic market over time. The income from this source is taxed under...
real estate
17 September 2018 - 14:00, by , in NRI, No comments
Increase in Global Capital Flow India is ranked fourth in developing Asia for FDI inflows as per the World Investment Report by the United Nations Conference for Trade and Development. Indian Real estate has attracted $32 billion in private equity. The global capital flow into Indian real estate stood at $5.7 billion in 2016. Despite...
GST on Home Loans
10 August 2018 - 14:00, by , in NRI, No comments
To evaluate the impact that GST will have on home loans, it is important to understand the components that will be affected under the regime. Interest payment is the main cost of taking a home loan. This cost will not change as there is no service tax or GST imposed on it. Likewise, any stamp...
GST
9 August 2018 - 14:00, by , in NRI, No comments
The GST Bill was approved in the LokSabha on March 29, 2017 with four supplementary legislations- The Central GST Bill, 2017; The Integrated GST Bill, 2017; The GST (Compensation to States) Bill, 2017; and The Union Territory GST Bill, 2017. GST, the goods and service tax that has been implemented on July 1, 2017, has...
21 February 2018 - 4:58, by , in NRI, No comments
Shashi Tharoor’s talk at Massachusetts Institute of Technology (MIT) on real estate opportunities in India and need for foreign investment in Tier-II cities like Thiruvananthapuram. This video was taken from YouTube from the channel: Indians Around The World See Also: Parameters to Check Before Making an Investment Decision
real estate
13 October 2017 - 4:55, by , in NRI, No comments
The entire nation was tremendously shaken up after the money demonetization of the 500 and 1000 rupee notes by the Modi government. What many people did not know is that this is not the first time that demonetization has taken place in the country. In 1946 and 1978 demonetization was done by the then ruling...
Indian realty
29 August 2017 - 9:27, by , in NRI, No comments
The Indian realty has always been quite attractive for non-resident Indians (NRIs) who are keen to have some roots in their home country. The reasons for NRI investments could be varied right from upgrading their family home, offering a better lifestyle to their parents, to having a signature property on their back home. The major...