Tag: nriway legal assistance
NRI Property News
17-09-2022
Know the score before buying a property in India
Whether real estate market remains degrowing, NRIs tend to invest properties back in India. Most of the policies come into action by government as such GST and RERA has boosted the confidence and made a full transparency to streamline the property buying process.
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17-09-2022
Best Property Manager Lead to Resolve the Property Management Disputes
Who is a Property Manager: Proper Manager is an intermediator between a landlord and a tenant. As a landlord you might hire a property manager to hit property management services in your area.
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17-09-2022
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Why an Encumbrance Certificate is necessary before buying a property?
Generally Encumbrance means monetary and legal liabilities associated with it. Certificate of Encumbrance acts as a proof of legal ownership of a property. Encumbrance Certificate tells the transactions of records of a property and explains whether they had any claims. If a property has no legal claims against its title, then a property owner receives a non encumbrance certificate. Generally, banks also demand for encumbrance certificate if you apply for a home loan. Now we know better why do we need it. You can see the format of Encumbrance certificate containing seven fields. We will be discussing each of them in detail.
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17-09-2022
How rental and lease agreement helps in a successful property management contract between tenant and landlord?
A Rental lease agreement is an agreement that can be used when leasing a house or apartment building. When drafting such a contract, there is a lot of information that must be incorporated, such as how long the Rental lease agreement will be and the amount of rental fee.
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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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17-09-2022
USCIS Resumes Premium Processing for all H-1B Petitions
The US Citizenship and Immigration Services resumed the premium processing of petitioners on Monday, 12 March 2019. That means it guarantees "15 days processing" otherwise USCIS will Refund premium processing fee.
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16-09-2022
What are the different documentation services offered for NRIs?
There are so many instances when a particular task is important or urgent and may require NRI intervention. But they cannot travel to India that quickly and need to complete that work within the stipulated time. They might require different documents for different purposes. For example, they might require a birth certificate to apply for a passport, visa, or license. The NRIs may need transcripts to apply for admission or permanent residency, immigration, etc.
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