So you are an NRI looking to invest in the real estate market in India? Great! Go ahead! Well, then it’s the time when you can gain more by investing in Indian property market. The investor-friendly government has encouraged a number of investors to put money in the real estate market. Let’s discuss how this investment can benefit you.
Why NRI investments in luxury property in India
1. Easy Regulations
Worried about the paperwork that is usually required to get hold of a property? Well, NRIs, these days, are no more required to go through the extended paperwork practice. Yes! The integration of simple regulations and lesser paperwork has now made the method easier, therefore allowing NRIs to think about India as one of the most advantageous property locations. Furthermore, when it comes to transferring the money to India, the transaction does not necessitate any authorization from the Reserve Bank of India. You can easily transfer your money via Non-Resident External account and Non-Resident Ordinary.
2. Decreasing Worth of Indian Rupee
An additional reason that inspires NRIs to invest in India is the dwindling value of Indian Rupee as compared to other foreign currencies. Yes! India, thus, allows NRIs to buy or invest in a property at very reasonable rates. Spend sensibly and gain from a falling rupee before it springs back!
3. Rising worth of the property
If you analyse the current property market situation in India, the returns on investment are expected to go as high as 20 to 25%. Nevertheless, investing at a very good location is expected to give you an increased return of 30 to 40% in future. Are you living in the US, UK or Australia? Then investing in Indian property would be a great prospect for you as these countries do not give as high returns as India.
4. Smart offers
NRIs, these days, are being offered with some elite schemes. Besides luxurious condominiums, Indian real estate developers magnetize a large number of NRIs by providing easy registration process. NRIs, therefore, can own a property in India with no complication. Furthermore, the forthcoming infrastructure projects in India assist NRIs to put fund in India to explore new and exciting opportunities.
The government’s Smart Cities Mission too is expected to magnetize more and more NRI investment in India. If NRIs can earn a better return on their investments, they will be a part of India’s growth story.
So are you looking for a property builder that takes care of all the NRI requirements? Spend a little time to explore online and look for the most renowned real estate developers, providing luxurious residential projects. Invest in any of the properties in the most easy and cost-effective manner with a trusted partner!
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