Tag: nriway asset management

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.

Read more

The seven best Indian cities for NRI to purchase property in India


According to the world bank estimates, NRIs’ investments in the Indian real estate market touched $13 billion in 2018. This is enough to show the interest that NRIs show in purchasing a property in india. One of the primary reasons is that it is their home country, and would want to come back to their country at some point in time. Another reason could be Indian currency gaining strength against the US dollars, which allows NRIs to gain monetarily. With demonetization promising to boost transparency in the real estate market, buying a property in India is a great opportunity.

Read more

Top 9 benefits of hiring an NRI Property Management Service?


Let us first clear what is property management. It is the operation, maintenance, and oversight of real estate and physical property. Commercial, residential, and land real estate are included in the term property. On the other hand, like any different management role in any business, management means real estate needs to be cared for and monitored, taking in accountability for and attention its useful life and condition considered.  

Read more