NRI
Putting a property on rent has its pros and cons. On one hand one can expect passive income; on the other hand asking a tenant to vacate the premises often is an ordeal. The Supreme Court (SC) overruling the high court order mentioned that the Non-resident Indians cannot be asked to prove ownership of their [...] Continue Reading »
A number of NRI investors have filed a case in the Mauritius Supreme Court against the ICICI Venture Funds Management Company by accusing the PE firm for misleading them while raising the real estate fund that went to under perform when they had been promised by the fund management company of a certain return. ICICI [...] Continue Reading »
Tata Value Homes Limited (TVHL) is a 100 per cent subsidiary of Tata Housing Development Company. The company’s National Home Buying Day was oversubscribed 4 times with over 800 applications for the allocated 200 units across 5 projects. The website has seen 3,00,000 hits during the four days. Buyers from across the country and NRIs [...] Continue Reading »
Bangalore- Chandapura, located in South Bangalore, has been witnessing fast residential growth. An array of new residential projects are coming up, of which nearly 70 percent are currently under construction stage. Various options of properties are available at affordable rates in Chandapura though, multi-storey apartments and residential units are in the lead. Villas with all [...] Continue Reading »
Indiabulls Group has put a step forward to acquire global footprint. The real estate firm has entered into an agreement with Qatar‘s Doha Bank for offering mortgage loans to the bank’s NRI customers for acquiring properties in India. The tie-up with Indiabulls will provide an opportunity for Doha Bank NRI customers to approach for housing [...] Continue Reading »
Analysts are of the opinion that housing prices are not likely to fall anytime soon. They blame the domestic as well as foreign investors, including NRIs, for this. High property prices are not even helping developers as they are in debt. The cash generated by selling properties turns out to be much less than what [...] Continue Reading »
Unlike the highly fluctuating real estate market of other metros, residential market in Chennai has largely remained stable in the past few quarters. Large scale industrial development in western Chennai has pushed the residential demand thereby increasing the price for residential units. The residential demand in western localities is largely driven by the people working [...] Continue Reading »
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 »
India has witnessed a rise in number of NRIs investing on properties. The dollar appreciation has given a further push to demand from NRI’s for investment in residential properties. With the real estate becoming cheaper for NRIs, many seek to invest in residential properties in two-tier cities such as Pune, notes Om Ahuja, CEO – [...] Continue Reading »
Due to the increasing value of dollar, more and more NRI’s are considering to invest in Indian real estate market. Since Mumbaihas been considered the business hub of real estate in India, NRI investors are looking forward to invest in Mumbai. NRI’s consider Mumbai is the best and safe to invest as many investors have [...] Continue Reading »
