Residential Accommodation - India Investment Property

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Plaza Centers Signed JV Israel-based Elbit Imaging

August 27, 2008 – 2:58 am

Emerging markets property developer Plaza Centers NV said it has signed a joint venture contract with Israel-based Elbit Imaging for developing three projects in India.
The three projects are in the three Indian cities Bangalore, Chennai and Kochi and would have a combined development budget of about 3.4 billion dollars, Plaza said in a regulatory filing [...]

By manish | Posted in Real Estate News | Also tagged Combined Development, Four Star Hotels, India Real Estate, Indian Cities, Indian Partners, Joint Venture, Jv, Kochi, London Stock Exchange, Plaza Centers NV, Property Developer, Retail Complexes | Comments (1)

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

January 28, 2008 – 5:44 am

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 or Nepal [...]

By Rajani | Posted in Real Estate Information | Also tagged Afghanistan, Agricultural Land, Bangladesh, Bhutan, Citizen, Citizenship Act, Constitution Of India, Consultation, Government Of India, Immovable property, India Nri, Indian Origin, Indian Passport, Laws, Nepal, NRI, PIO, Property In India, Proposals, State Government | Comments (0)