Tag: Immovable property

Real Estate And Construction

As India continues its scorching pace of economic growth, many sectors that were not historically favoured by the government are gaining prominence. One such sector is real estate, which has a large employment generation potential and is a significant source of tax revenue. Additionally, this sector has attracted a large amount of foreign investment in […]

Real Estate: Safe And Secured Destination Of Investment

The real estate in Indian market is constantly changing and developing at a rapid pace. The most preferred destinations of last year may not be the better options this year, while next year might bring certain unparalleled set of investment destinations in the real estate market of India. As such nothing can be predicted in […]

RBI Limits Private And Public Sector Banks For NRI Matters

NRI loan interest rate depends a lot on the reason of borrowing. When the reason is to invest in share or commercial immovable property market, the interest rate to be paid is higher than any loan borrowed by the NRI to be invested at an employment generating project.

Laws for Possession of Immovable Property in India by a Person Resident Outside India

Under the law, the following categories can freely purchase immovable property in India: i) Non-Resident Indian (NRI) – that is a citizen of India resident outside India. ii) Person of Indian Origin (PIO) – that is an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran […]

Rules for Transfer of Immovable Property in India

Immovable property transfer occurs as a big issue sometimes. Sometimes confusions make it more complex. Here’s the clear view of property transfer rules. Immovable property can be transferred by sale or by gift or through mortgage. NRI, PIO, Foreign national must have to follow some rules while selling immovable property in India. NRI can sell […]