NRI investment in real estate India
SOBHA
is India’s number one developer in the country, the top choice of Indian
homebuyers in a nation-wide ranking system. But SOBHA’s efforts to transform
the lives of people for good don’t stop just here. SOBHA brings a blog that
answers most of your property woes and helps you to make right decision for
yourself and your family. The blogs also discuss the latest and upcoming trends
in architecture, tracks changes in legal aspects of real estate and
complications of buying and selling of properties, offering you best possible
solutions.
NRI investment in real estate India has
always been the part of the NRIs plans who eventually want to settle down in
India after retirement, and with virtually no alterations in the rules of real
estate property buying and selling, it becomes a great opportunity for them.
Not just for the purpose of post-retirement settlement, but NRIs also buy
property in India as an investment. While they are living in some other country
earning big bucks, they can also rent out their property in India, accumulating
their income and ROI at the same time.
SOBHA
Blog discusses all the rules and regulations that are made for NRIs for buying
and selling of property in India. For example, NRIs can’t buy an agricultural
land or farmhouse in India, and they can own it only if they have inherited or
got it in gift. Similarly, NRIs their agricultural land or farmhouse in India
can only be sold to a permanent Indian resident, although the same can be
passed on or gifted to NRIs.
SOBHA
Blog also explores the best places for property investment in India for NRIs,
which brings us to real estate
investment in Bangalore. Being the fastest growing city of India, Bangalore
offers an opportunity for the investors in the real estate market. With
multiplying job opportunities and youngsters from all over the country settling
down here, they need good homes for rent and buy. By investing in properties in
this city, NRIs can earn good money from rent, at the same time, save a lot in
income taxes.
Moreover,
there is humane side attached to this as well, such investments help these
ambitious professionals to find affordable housing in Bangalore and settle down in a rental apartment. There are a lot
of aspects attaches to thinking, but the first and foremost is that no matter
what, after a few years, the cost of the apartments, if bought in a prime
location, promise a huge return. For this purpose, SOBHA blogs provide valuable
insights for NRI Investment in Indian properties, especially in the big cities
Bangalore, Mumbai, Delhi Gurgaon and Chennai.
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