Tag: nriway lease management
NRI Property News
16-09-2022
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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16-09-2022
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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16-09-2022
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.
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16-09-2022
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Nine things to know for an NRI purchasing property in India
Even though you have been outside India throughout recent years and picked up the status of 'Non-Resident Indian,' a couple of you would, in any case, have plans to return to India and consume your retirement time on earth here, reviewing your adolescence. As a component of satisfying this fantasy, you might need to put resources into Indian land.
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