Q:
Please suggest good investment in GGN (any region DWE or New Gurgaon or GCX) or Noida (Noida Expressway)
-> 3yrs hoizon for investment
-> Atleast 10-15% per annum growth
-> Minimum cashflow ideally not more than 30%-40%
-> Locate close to any proposed metro station
Budget is flexible but since it will be my first investment, so prefer around 50-80 lacs.
Latest Answer: As per data, the average residential property price in New Gurgaon was Rs 2528 sq ft at the end of March 2009 and it has increased to Rs 7068 sq ft in 2013. There is a rise of 180 % in 4 years. It seems to continue giving good appreciation for real estate investment.
Q:
I am NRI from Sydney, Australia. I am planning to purchase first investment property in India. My investment strategy is to leverage high captial growth in India and bring money can to Australia and invest it on high yield (rental income) property here with minimum aussie loan.
My questions are
1. Best way to buy construction property keeping stamp duty/other expenses as low as possible? Thru NRE or NRO account or on relatives name?
2. Best way to repatriate money back to Australia keeping tax as low as possible? Thru NRE or NRO account or relative gifting property to me and I sell that property and deposit sell money in NRE account ?
Q:
I am NRI from Sydney, Australia. I am planning to purchase first investment property in India. My investment strategy is to leverage high captial growth in India and bring money can to Australia and invest it on high yield (rental income) property here with minimum aussie loan.
My questions are
1. Best way to buy construction property keeping stamp duty/other expenses as low as possible? Thru NRE or NRO account or on relatives name?
2. Best way to repatriate money back to Australia keeping tax as low as possible? Thru NRE or NRO account or relative gifting property to me and I sell that property and deposit sell money in NRE account ?
Manish
Latest Answer: Hi.. I think buying through a relative would be a better option, as there would be no additional charges involved in that case.. I have come across an article in this website which is quite useful in this regard.. you can find more details here- FAQs – All about NRI investments in India. Check if this is of any help to you.
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