opportunities in India for NRI coldwell banker India

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Sep 12 3 min read Investment opportunities
in India for NRI The Indian economy has provided
a feel good factor for NRIs especially in the
real estate sector. Many avenues are created as
well as schemes being fashioned for them to
maximize the investments from abroad.
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All people residing outside India holding Indian
passports and people of Indian origin have been
granted permissions by Reserve Bank of India
(RBI) to invest in residential as well as
commercial properties in India. Markets have
stabilized and there is an impressive amount of
interest in this particular segment. NRIs are
quick to invest in properties in India where they
have an opportunity for a great deal.
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On the anvil is a single-window investment
promotion council which is planned by the
government, which will undertake the investment
promotional activity. This involves making
extensive contacts with the potential investors,
interacting
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with individual companies and lobbying so that
overseas Indian finds suitable investment
environment. To an NRI, a base in homeland
brings with it a sense of security. The NRIs in
numbers are investing in property for sentimental
reasons and for better investment returns is
rapidly multiplying. The government including
Reserve Bank of India and Foreign Exchange
Management Act (FEMA) has liberalized the rules
and regulations for Non- resident Indians to
make an investment in real estate. Liberalization
along with the additional advantage of
repatriation of capital invested and the rental
proceeds under circumstances prescribed b Reserve
Bank of India have also fortified NRI
investments in real estate. The capital gains can
be taken back gains tax after paying capital.
Apart from India begins a safe destination, 10 to
12 returns on investments as assured. As
opposed to the earlier times when NRI has to
struggle with the municipal
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rules, wealth tax issues, income tax, the Hindu
joint family act, succession legislations for
all regions, land ceilings and others, these
certainly have NRIs being welcomed with red
carpet. The flexibility in rules has elicited an
extraordinary response from NRI community. NRI
investors can raise finances from the financial
institutions to buy an apartment. The Housing
Development and Finance Corporation (HDFC) and
other financial institutions in the country are
facilitating the Non-resident Indians investment
in property speedily and efficiently. Though
rates of property tax are a bit different from
what the Indian residents pay, NRI enjoys
similar status as any other property owner. The
NRIs pay property tax to concerned
authorities. The NRIs are welcome to participate
in the real estate investments by way of huge
investments in construction of the residential
and commercial projects, infrastructural
facilities and SEZs. The Pan India interest in
the property buying has certainly spawned a new
league of the businessmen who pitched for
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the tracking as well as tracing property and
offer customized investor services to NRIs.
Real Estate
India Nri Investors
Nri Real Estate
Nri Real Estate Buyers
Nri Property Buyers
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