Explore Rajkot's burgeoning commercial districts offering NRIs high ROI through industrial zones, tech hubs, and retail markets, with insights into regulatory frameworks and currency exchange advantages. This guide highlights emerging sectors, infrastructure growth, and strategic investment strategies in Gujarat's rising economic powerhouses.
FERA, enacted in 1973, regulated foreign exchange dealings in India. Replaced by FEMA in 2000, which focuses on managing foreign exchange while promoting trade and investments. Key differences include property acquisition criteria, shifting from citizenship under FERA to residency under FEMA.
India's luxury real estate market is booming, driven by rising incomes, urbanization, and a desire for sustainable, high-end living. Modern amenities, connectivity, and favorable investment opportunities attract both domestic and international buyers.
Hyderabad's real estate is booming, with increased demand and rising prices. Developments like the outer ring road and Infosys campus are attracting investors like NRIs, IT professionals, and government employees.
Knight Frank expects the Indian property boom to persist into 2008, though the credit crunch may temper growth. Foreign investment remains strong in this promising market.