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

Mutual Fund Review: Taurus Tax Shield

    Taurus Tax Shield has seen a turnaround in performance since 2007, but still remains a volatile offering… The fund has seen a turnaround in its performance since 2007 and has delivered impressively during market rallies since then. The portfolio is also more diversified. It contained its downfall to an average level in 2008 but is still one of the most volatile offerings in this category. Bold investors can look at this fund.   Strategy The fund manager invests across the market capitalisation and sectors. The selection of stocks is made on the basis of long-term business prospects and value creation. Fund Insight Launched in March 1996, the fund was a laggard with just two annual outperformances. Concentrated stock bets and high exposure to mid and small caps led to it being hit harder during market downturns. The number of stocks in the portfolio never exceeded 20 and it was not rare to see the top 5 holdings account for around 60 per cent of the portfolio. After b...
Read more

AXIS Long Term Equity Fund - The Best Tax Saver Fund for 2016

  AXIS Long Term Equity Fund - Invest Online   History:   The open ended mutual fund was launched on December 21 in the year 2009. It is benchmarked against BSE 200 and managed by the fund manager JINESH GOPANI. Initially the scheme was called as Axis tax saver fund but later it was renamed as Axis long term equity fund with effect from September 2, 2011. Nature of investment: As far as asset allocation is concerned, 97.52% of the stocks are equity and 0.02% is debt based. The primary focus of the fund is to invest in diversified equity stocks that have higher growth potential. Total asset size of the fund is in the tune of 4,996 CRORE as of June 30, 2015. Performance: The performance of the fund for one year, 3 years and 5 years are 23.6%, 29.9% and 19.1 respectively which are far greater than 6.4%, 14% and 5.6% benchmark figures. It has also preformed fairly well against SBI magnum Tax Gain (G) and HDFC tax saver (G). The growth comparison is enumerated below;                        ...
Read more

Health insurance guide - Part I

Insurance, by definition, is morbid. What if I die suddenly? What if my home caught fire? What if I had to undergo expensive medical treatment? What if something that I thought happened only to others befell me? Insurers, who work with large samples, calculate the probability of such an event and, hence, the possibility of them having to pay out a sum of money to mitigate, to the extent possible, the effects of that disaster. However, the possibility of you undergoing some kind of expensive medical treatment during your lifetime is far more likely than you dying suddenly or your house burning down. Given that costs at private healthcare facilities, where you are most likely to land up, is high, and, doubling every four years 10 months or so, the rest of your money life could easily go out of whack if you had to incur such expenses. Just 12 per cent of India's population is covered with some sort of health insurance. Pared to the bone, for a comparatively small price, health insu...
Read more

IDFC Classic Equity Fund

Invest In Tax Saving Mutual Funds Online Download Tax Saving Mutual Fund Application Forms Buy Gold Mutual Funds Call 0 94 8300 8300 (India)   IDFC Classic Equity Fund IDFC Classic Equity is a large-cap equity fund which currently has assets under management worth Rs. 158.52 crore. It was launched in August 2005. The fund is benchmarked against the BSE-200 Index. Performance YTD 1-Year 3-Year 5-Year Since Inception IDFC Classic Equity 0.93 26.61 6.30 1.01 11.65 BSE 200 1.52 17.31 6.00 1.99 12.98 All figures in % as on January 31, 2013; Returns above one-year in CAGR terms ...
Read more

10 year NSC launched, all set to give 8.7 per cent

Invest in Mutual Funds Online Download Mutual Fund Application Forms THE government introduced a 10-year National Savings Certificate ( NSC ), which will earn an interest rate of 8.7 per cent per annum. The notification for the launch of the new savings instrument, 10-year National Savings Certificate (IX-Issue), 2011, has been issued, an official statement said. The scheme will come into effect from December 1, it added. Investments in NSC will earn interest at the rate of 8.7 per cent compounded semi-annually, it said, adding that on an investment of Rs 100, the depositor will get Rs 234.35 on maturity of the NSC. There is no upper limit for investment in the certificate, it added. The new scheme will give better returns along with tax benefit to savers. At present, the maturity period of NSC is six years and it qualifies for tax relief for investment up to Rs 1,00,000 under Section 80C. The decision to raise the maturity period of NSC has been taken on the b...
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