NRI Investments in India: The Essential Checklist



While NRIs may need to invest in Indian real estate to benefit from correcting prices and a depreciating rupee, there is much research and careful planning involved. Presently, Indian real estate is a very popular investment option for most NRIs. However, since they live abroad, it becomes more important for them to do proper due diligence before risking their money.

Mandatory checks:

NRIs should not be entirely convinced by impressive presentations and glossy brochures. They should have someone trusted visit the property’s site and check the ground realities. Like all real estate investments, the location of the project should be attractive and should enjoy good connectivity. Buy house Projects in Dahisar.

Understanding the law:

NRIs investing in India must understand the laws that govern real estate transactions. There are, for instance, restrictions on how quickly the profit from a real estate transaction can be repatriated. NRIs also want to learn whether their gains will be subject to double taxation.

Watch out for:

The real estate sector in the developed markets is better governed and more evolved. Here, buyers are often subjected to a lot of hassles. Unless an NRI has a trusted person running errands in India, buying real estate in India could be challenging. Then there’s the management of the property as there are not many companies in India still that offer such services. This makes it all the more essential that an NRI has an agent to collect the rent as well as look after its maintenance.

ROI expectations:

NRIs investing in residential real estate at this point of time, should have reasonable return expectations over a long-term period. Finally, NRIs also needs to be aware that the depreciation of the rupee against their home currency, will also have a bearing on their returns. Buy house Property in Dahisar East.




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