Rupee value
Citizens in the nation or outside the country, there is good news for everyone. Buying property in India (residential only) is possible, and one doesn’t need the Reserve Bank of India’s permission for the same. Sources from Foreign Exchange Management Act (FEMA) clearly states Indian citizens within the country or non-residents are now allowed to [...] Continue Reading »
Owing to the deteriorating rupee value, expatriates are busy buying properties especially in tier III cities of India like Kozhikode. Many NRIs, especially from Gulf countries, are planning to return back home. With the availability of well-set educational institutes, health care and general quality of life, the city is fast becoming a preferred place for the [...] Continue Reading »
The rupee value has decreased significantly in the recent time, with the recent exchange value recorded as Rs 60 for a dollar. However, falling rupee is a boon on the part of realty of India and NRIs. Builders are getting plethora of enquiries from NRIs to purchase properties. The number of sales of properties in [...] Continue Reading »
With the rupee value drop down many Indians who have settled down in foreign countries are looking forward to invest back home in India. People settled in Singapore repent for not having invested on the properties years back when prices were low. Now, in foreign countries the government is imposing taxes to deter foreign buyers. [...] Continue Reading »
