various determinants that_reflect_nr_is_can_turnaround_india_through_real_estate_investment
TRANSCRIPT
Imperia Structures Ltd. A-25, Mohan Co-operative, Industrial Estate, New Delhi-110044 (India)
Ph: 011 - 4646 9999 , Fax: 011 - 4646 9900 Email: [email protected]
Various Determinants That Reflect NRIs Can
Turnaround India through Real Estate
Investment
Imperia Structures Ltd. A-25, Mohan Co-operative, Industrial Estate, New Delhi-110044 (India)
Ph: 011 - 4646 9999 , Fax: 011 - 4646 9900 Email: [email protected]
With chances of NRIs can turnaround India through Real Estate Investment, various
new regulations have been laid down by ace agencies? The growth has been
reflected through different reports.
Real estate industry in India has surged over the years, and it has become a
preferred investment destination for many entrepreneurs. This industry has turned
out to be favourite amongst Non-Residential Indians. According to various report
the rise in investment in Real Estate by NRI will continue even the following years.
Increase in urbanization and demography has attracted the NRIs for investment.
Different laws and regulations of the country have attracted the NRI to invest in
residential and commercial sector.
Factors influencing change
According to the industry experts, a recent change in the political scenario, a stable
government, relaxed norms of FDI and most importantly an investment-friendly
real estate market has made the investors optimistic regarding the market.
According to a recent report by a leading trade association, there has been an
increase in queries related to investment in real estate by NRIs. Investors are now
optimistic regarding investing in properties in various metropolitan cities across the
country. Survey has proved that property buyers are inclined towards investing in
high-end commercial and residential properties in Delhi NCR.
Imperia Structures Ltd. A-25, Mohan Co-operative, Industrial Estate, New Delhi-110044 (India)
Ph: 011 - 4646 9999 , Fax: 011 - 4646 9900 Email: [email protected]
Change in government regulations
Metropolitan cities with stable market have led to a rise in absorption and demand
of Commercial and Retail Property in Yamuna expressway. Lenient regulations of
the state and central government are another important reason that has attracted
NRIs to invest in real estate property. Owing to the chance that NRIs can
turnaround India through Real Estate Investment, the ace institute of banking of this
country has laid down various norms. As per regulations, of total investment, eighty
percent should be by financial institute and other twenty percent through personal
resources of the investor. However, all monetary transaction should be in Indian
currency.
Benefits regarding tax savings
Real estate property is a good tool for saving tax and Non-Residential Indian are
entitled to various tax benefits in relation to the property transaction. For investors
of under-construction constructions, Non Residential Indians need to provide a
Power of Attorney. This documentation provides authentication to investors during
transaction of Upcoming Property In Greater Noida. It is essential for investors to
have these documents prepared by professional lawyers. Different norms by ace
agencies of the country are in response to the projection that NRIs can turnaround
India through Real Estate Investment and have a positive impact on the economy.