Monday, January 25, 2010

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NRI Real Estate Investment

The real estate bubble is flying high with investments coming from all the side. Indian government and other factors are contributing to attract the major investments from NRI's these include:
  • Sale of land for residential, commercial and industrial development.
  • Infrastructure support for the realty development all across the country
  • Promotion of NRI investments and FDI
  • Policies for transparency and facilitation of real estate transactions
  • Liberalization of rules by GOI and RBI regarding NRI property and NRI homes investment.
  • No restriction on the maximum number of properties that can be bought
  • Easy finance availability
  • Simpler repayment processes like normal inward remittances or debit in their NRE or NRO bank account.
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