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Non-resident Indians (NRI)

Centre readying simplified norms to facilitate NRI investments in India

Centre readying simplified norms to facilitate NRI investments in India
Finance Minister Arun Jaitley has recently tasked a high-level panel led by Finance Secretary Arvind Mayaram to sketch out a new framework to facilitate Non-Resident Indians (NRIs) to make investments in the country. The Centre’s efforts in having a new framework outlined for NRI investments in India is an apparent indication of the fact that [...] Continue Reading »

Mysore realty market attracts NRIs

Mysore realty market attracts NRIs
Mysore realty market has become an attraction for non-resident Indians (NRIs). NRIs and expats from Karnataka are increasingly showing an interest in the real estate market of Mysore for residential as well as for business purpose. Currently, there are over 30 residential projects in Mysore being developed primarily for NRIs. The reason behind the increased [...] Continue Reading »

Over 20 Indian realtors to participate property exhibition in London

Over 20 Indian realtors to participate property exhibition in London
Over 20 real estate developers from India are expected to take part in a property exhibition to be held in London. The property exhibition aims to bring together high net worth non-resident Indians (NRI) and persons of Indian Origins (PIO) in London to explore investment opportunities in India. The exhibition will be hold by Unesta, [...] Continue Reading »

Delhi NCR providing investment opportunities to NRIs

Delhi NCR providing investment opportunities to NRIs
Real estate proves to be one of the best avenue for investment for the large base of NRI population. Delhi NCR has become one the most preferred locations among them. Experts state that real estate offers a safe option to enhance one’s investment portfolio due to high rate of appreciation and periodical returns. NRIs usually [...] Continue Reading »

Developers aim at reaping benefit from decline in rupee

Developers aim at reaping benefit from decline in rupee
The decline in Indian rupee has been seen as a benefit by developers of India. Developers have long targeted the non-resident Indians or NRIs, who are often tempted to buy property in their country of origin. The rupee has fallen nearly 18 per cent over the last one year, to trade at around 55.48 rupees [...] Continue Reading »

RBI: Residents to pay housing loans of PIO relatives

RBI: Residents to pay housing loans of PIO relatives
The Reserve Bank of India (RBI) has brought in new scheme to the residents to pay housing loans of Non-resident Indians (NRI) or People of Indian origin (PIO). The apex bank reported saying that this scheme has been decided in India to a non-resident Indian. Also the central bank allowed residents and individuals to pay [...] Continue Reading »



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