Skip to main content

NRIs and Foreign Investment in Housing In India

 
Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs) and Foreigners are permitted to acquire/own/rent/sell Immovable Property in India subject to certain terms and conditions. NRIs and PIOs may also avail loans against housing property. They are also permitted to repatriate their income by way of rent as well as sale proceeds of their Residential Property, subject to complying with certain requirements laid down by the Reserve Bank of India.
Here We Cover :
Investment OpportunitiesProcessing / Acquiring PropertyInvestment by NRIs / PIOs / Foreigners
Types of Investors and special guidelines for each
 
Processes, Steps and Safeguards for acquiring Immovable Property
 
Foreign Direct Investment (FDI) Policy
 
Types of Investments
 
Negotiating the Price
 
Guidelines for FDI in Real Estate
 
Identification of  Commercial Property for Investment Incentives/subsidies given by Central/State Government
 
Verification of Title
 
Foreign Exchange Management (FEMA) Act, 1999
 
Opportunities for Investing in Commercial Property
 
Scrutiny Relating to Buildings and Structure on the Land
 
Definition of NRIs, PIOs, Foreigners (under FEMA and Income Tax Act, 1961
 
Investment in IT Parks
 
Legal Scrutiny Relating to Title of the Land
 
Guidelines for Acquisition of Property in India by NRIs, PIOs, Foreigners
 
Investment in Industrial Parks
 
Execution of Sale Documents and Compliance with Registration requirements
 
Key Deciding Factors for Choosing a Location
 
Investment in Special Economic Zones
 
Caution to be exercised in case of Power of Attorneys
 
Loan Sanctioning/Availing Process
 
Government assistance in land acquisition and Notified Commercial Areas
 
Guidelines for taking Possession
 
Taxation Aspect for NRIs, PIOs, Foreigners
 
Zoning Laws, Conversion of property
 
Mutation
 
Double Tax Avoidance Agreement
 
Taxation aspects for Commercial Property
 
Stamp Duty Calculator
 
Guidelines for NRIs, PIOs for Sale of Property and Repatriation
 
Guidelines for achieving maximum returns on investment
 
Loan Sanctioning/Availing Process
 
Concessions and Facilities Available to NRIs, PIOs
 
Joint Ventures
 
Grievance and Redressal Mechanisms
 
Handling NRI/PIO/Foreigner Queries and Complaints
 
 
Letting out Immovable property
 
Mortgage Rules
 
 
Renting Immovable property
 
Documents required for acquiring property by NRIs/PIOs/Foreigners
 
 
Rent Control Act
 
 
 
Insurance of Immovable Property
 
 
 
Role of Power of Attorney
 
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Popular posts from this blog

Mirae Asset Healthcare Fund

Best SIP Funds to Invest Online   Mirae Asset Global Investments (India) has launched Mirae Asset Healthcare Fund. The NFO of the fund will be open from June 11, 2018 to June 25, 2018. Mirae Asset Healthcare Fund is an open-ended equity scheme investing in healthcare and allied sectors. The scheme will invest in Indian equities and equity related securities of companies that are likely to benefit either directly or indirectly from healthcare and allied sectors. The investment strategy of this scheme aims to maintain a concentrated portfolio of 30-40 stocks. Healthcare is a broad secular theme that includes pharma, hospitals, diagnostics, insurance and other allied sectors. The fund will have the flexibility to invest across markets capitalization and style in selecting investment opportunities within this theme. Neelesh Surana and Vrijesh Kasera will manage this fund. In a press release, Swarup Mohanty, CEO, Mirae Asset Global Inves...
Read more

How to Decide your asset allocation with Mutual Funds?

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India) How to Decide your asset allocation ? The funds that base their equity allocation on market valuation have given stable returns in the past. Pick these if you are a buy-and-forget investor. Small investors are often victims of greed and fear. When markets are rising, greed makes the small investor increase his exposure to stocks. And when stocks crash to low levels, fear makes him redeem his investments. But there are a few funds that avoid this risk by continuously changing the asset mix of their portfolios. Their allocation to equity is not based on the fund manager's outlook for the market, but on its valuations. Our top pick is the Franklin Templeton Dynamic PE Ratio Fund, a fund of funds that divides its corpus between two schemes from the same fund house-the...
Read more

GOLD ETFs

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300   GOLD ETFs       Gold funds and ETFs have also lost the tax advantage they enjoyed over physical gold after the Budget changed the rules for long-term capital gains from non-equity funds.   Last year, gold exchange traded funds ( ETFs ) had gained a great deal from the depreciation in the rupee and the UPA government's move to impose additional levy on gold imports, making it an attractive option for investors. The landed price of the yellow metal had surged, pushing up the net asset value ( NAV ) of gold ETFs. However, the recent budget proposal by Finance Minister Arun Jaitley has thrown a spanner in the works for gold fund investors. The revised tax structure for all non-equity funds, includi...
Read more

IIFL NCDs

Buy Gold Mutual Funds Invest Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Call 0 94 8300 8300 (India) IIFL NCDs IIF's six-year unsecured NCD 2012 Risk-wary investors should stay away from this issue, and even, risk-taking ones should think twice It is a public issue of unsecured redeemable non-convertible debentures ( NCDs ) by India Infoline Finance ( IIF ), an unlisted company, which is a 98.9 per cent subsidiary of India Infoline, a listed company. The issue seeks to raise Rs 250 crore with an option to retain over-subscription up to Rs 250 crore taking the total potential issue amount to Rs 500 crore. It will be open for public subscription from September 5 to September 18 with a minimum application size of Rs 5,000 in the form of five NCDs of face value Rs 1,000, TENURE & RATES: IIF will redeem the NCDs at the end of six years, and investors wanting out before six years will be able to sell the...
Read more

Tax saving tools to maximise returns

  An Individual can claim a deduction up to Rs 1 lakh U/S 80C of the Income-Tax Act, 1961 ('Act') by incurring a certain expenditure or making specified investments. Few of the popular schemes which are generally availed of by the individuals, inter-alia, include the following: Expenditure-Related Deductions Broadly, the expenditure-related deductions include tuition fees and home loan payments.    Tuition fees for full-time education in any Indian university, college, school, and educational institution, for any two children is eligible for deduction. However, development fees or donations are not considered.    The principal amount re-paid against a home loan to banks or certain category of employers is also eligible for deduction. Stamp duty, registration fees and other expenses incurred for the purpose of acquisition of such a house property are also eligible for deduction.    It should, however, be noted that the cost of renovation/house repairs after the completio...
Read more
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now