News articles tagged NRI

Property tax for buyer

India's real estate market is booming. TDS applies to property transactions exceeding ₹50L. Buyers must deduct 1% TDS, deposit it with the Income Tax Dept.

Property Exhibition To Be Held In Kuwait On Jan 11 & 12

Indian builders showcase new projects at Kuwait Property Exhibition on January 11-12, targeting NRI homebuyers with properties from various cities and attractive investment opportunities.

Cap Removal on Loans to Lift NRI Real Estate Investments

Removing the cap on loans has boosted NRIs' desire to invest in Indian real estate. Approx. 90% of NRIs in UAE prefer real estate investment in India.

Real Estate Remains Smarter Investment: Say UAE NRIs

A survey indicates that 89% of UAE-based NRIs invest in real estate in India, driven by factors like rupee depreciation and high return expectations from premium properties.

NRIs want to buy home in India

NRIs are investing in residential real estate in large Indian cities, drawn by financial stability and a desire to stay connected to their motherland. This trend is driven by both emotional and investment motives.

Checklist for NRIs Willing To Invest In Real Estate

Buying real estate in India as an NRI requires careful planning, due diligence, and potentially using a Power of Attorney. Research builders, visit sites, secure home loans through banks, and consider property management solutions.

Vijaya Bank looking at business from NRI accounts

Vijaya Bank aims to increase NRI business to ₹5,000 crore by 2011, focusing on Kerala, Karnataka, and Andhra Pradesh. The bank also plans to expand financial inclusion, mobile banking, and branch network.

Hollow budget for real estate

The recent budget announcement has left many industries, including real estate, dissatisfied with a lack of significant changes or incentives for foreign investments. The budget's provisions are seen as inadequate to combat the ongoing recession.

PropertyWala.com™ - India's Free Property Listing Service Launched

PropertyWala.com launches, offering free property advertising services. Its comprehensive platform facilitates property sales and rentals across India, featuring video tours, map integrations, and user-friendly interface.