Tag: NRI property oversight

The Ultimate Formalities to Keep the Rental Management Process on Track


Managing your rental contract must be an uncomplicated and straightforward procedure.  Sustaining the growth of properties is the outcome of an efficient Rental Property Management, maintenance, and marketing program.  Each of your customers has particular needs and a useful management or sales program has to be adapted to meet those requirements.  We are here to help you with all the Formalities needed to build a customer relationship with you based on your specific requests. Here we go!

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What are property management services? Why hire NRIWAY for NRI property management services?


Property management is a third-party contractor's daily control of the residential, commercial, or industrial real estate. Property managers are often in charge of day-to-day repairs and continuing maintenance, security, and upkeep of buildings. They typically work with investors who own apartment and condominium complexes, private home communities, shopping malls, and industrial parks. 

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Best property investment tips for NRIs


The Foreign Exchange Management Act (FEMA), which is overseen by the Reserve Bank of India, governs the purchase and acquisition of immovable assets in India by non-residents (RBI). For FEMA purposes, a Non Resident Indian (NRI) is an Indian citizen who resides outside of India. OCI refers to a non-Indian citizen who was born in India or whose parents or grandparents were born there (Overseas Citizen of India). For the sake of our discussion, I will refer to both NRIs and OCIs as NRIs because they are considered equally for real estate investment. The provisions that apply to NRIs and OCIs are the focus of this discussion.

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