Q:But however NRI are wary of investing in real estate market India due to some reason like Cost Issues, Commitment to Timeline, Construction Quality, Carpet area to sale-able area ratios.
Latest Answer: "Hello Deep, I would like to say that the Indian real estate sector is still a promising destination for investment across the globe. According to the Knight Frank Wealth Report 2015, the ultra rich Indians invest nearly 50 per cent of their total wealth in the real estate sector, the highest across the globe, followed by the Australians at 42 per cent. With positive growth prospects of the Indian economy and the current government's stand on infrastructure development, the Indian real estate will going to boom in the coming years, making way for NRIs to invest in real estate properties here.
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Q:I want to know if a NRI invest in plot after two years he gives it for construction to builder. This will take minimum five years. In this case how much amount he can repatriate ? How much tax he has to pay ? Please advice.
Latest Answer: Trouver-Inde 360 is an ecosystem service available to our clients to help them seamlessly settle down in India right from buying a home to looking for a right job to identifying the best school for their children to all other auxiliary needs.
For more details visit www.trouverinde.com/nri/
