Bengaluru and Mumbai- The Two Favorite Investment Destinations of NRIs

Due to the substantial difference between Indian Rupee and US Dollar, an investment in India is always a lucrative option for the Non-Resident Indians (NRI). While bonds, stocks and bank deposits are some ventures for them to park their money in, real estate, over time, has come out as their favorite investment venture. The simplified policy framework for NRI investment in the Indian real estate sector has revived their interests in the industry.

Bengaluru and Mumbai- The Two Favorite Investment Destinations of NRIs

Bengaluru and Mumbai- The Two Favorite Investment Destinations of NRIs

However, the NRIs also choose the perfect location for real estate investment so that they can earn high profits in the long run. A decade ago, Gurgaon used to be the largest NRI investment hub. Its rapidly developing commercial sector and the premium properties attracted their attention. This status was then shifted to Mumbai when branded residences and high-end skyscrapers were launched in the city. The recent reports suggest that Bangalore is, as of now, the favorite investment destination of NRIs in India. [Read more…]

Young NRIs and Their Investment Habits in India

The Indian diaspora-the NRI’s- are now turning homewards for investments because of the boost in Indian economy. They are also a reason for sudden influx of banking funds and investments in different forms. India offers a stable, prosperous foundation for business opportunities and investments to NRI’S and PIO [people of Indian origin]. The latest investor to take a leap in this field is the young NRI; he is ready to try out the share market, mutual funds, fixed deposits and real estate market.

Young NRIs and Their Investment Habits in India

Young NRIs and Their Investment Habits in India

The government has made it very simple and easy for the people to invest in India. The NRI’s major investment is in the real estate sector; especially the younger generation is taking a keen interest in this sector. The returns from the real estate sector in India have been consistently high and even outperformed other investment options. The Government of India has created many policies and schemes to maximize investment options for NRI/POI’s looking to invest in the real estate sector. [Read more…]

The Questions around NRI Investment in Indian Real Estate

Are you a Non-Resident Indian (NRI) and want to invest in a property in India? Delhi, Noida, Greater Noida, Ghaziabad and Bangalore are among the top Investment Destinations for NRIs in India. However, there is a whole lot of ambiguity and confusions around the process of property purchase in India, especially for the NRIs. It is always a good idea to be clear about the things in the first place than regretting it afterwards. So here is a detailed explanation of all the whats, whys, hows and whens of investing in Indian real estate.

The Questions around NRI Investment in Indian Real Estate

Who is termed as an NRI?

An NRI is a person who holds an Indian Passport and has stayed in another country for more than 180 days. Other terms like Person of Indian Origin (PIO) and Overseas Citizen of India (OCI) also exist.

What type of property can NRIs buy in India?

NRIs can buy any type of property in India except an agricultural or plantation property. However, they sure can inherit such land. [Read more…]