Silver Lining for NRI's to enter India's Real Estate market

This will be little bit surprising to read my subject line in current market scenario however it is true that this is a right time for NRI's to invest in properties in india as the major factor will be Exchange rate of Rupee against the foreign currencies which has touched the peek and already given the way to get discount indirectly for buying any property in a of depreciating rupee for about 10% and along with the Real Estate developers are giving lot of soaps to their property to sell.

Comments

Post a Comment

Dear Reader, please comment & your comment will be really appreciating & encouragement to write such articles.

Popular posts from this blog

Capital Gains Tax India

Capital Gains Tax India A guide to tax impact on income from capital gains Updated on Feb 02, 2018 - 05:33:33 PM Contents: What is a  Capital   Gain ? What are Long-Term and Short-Term  Capital  Assets? Calculating  Capital   Gains Exemption on  Capital   Gains Saving Tax on Sale of Agricultural Land What is a  Capital   Gain ? Any profit or  gain  that arises from the sale of a ‘ capital  asset’ is a  capital   gain . This  gain  or profit is charged to tax in the year in which the transfer of the  capital  asset takes place. Capital   gains  are not applicable when an asset is inherited because there is no sale, only a transfer. However, if this asset is sold by the person who inherits it,  capital   gains  tax will be applicable. The Income Tax Act has specifically exempted assets received as gifts by way of an inheritance or will. What...
READ FULL ARTICLE »

Instantly check ownership record online of any property registered in PUNE & other cities of Maharashtr​a.

Greetings to All, Reg. registered docs to check online : After your flat registration gets over, you can see it online also so sharing you the procedure for your viewing online as follows: 1)  www.igrmaharashtra.gov.in  ( this website has latest updated all properties ownership records of all major cities of maharshtra including PUNE which is very useful for knowing current status of ownership or if someone buying a property and need authentic information about its ownership.) To check  Registered document online, pls keep ready your original document received by you after registration where the detail will be available in first page upon "PAVATI" then follow Step:
READ FULL ARTICLE »

Real estate investments can give up to 145% returns, Survey highlights

The real estate sector will continue to remain an attractive investment destination, a wellknown real estate consultancy firm's survey revealed. There is a possibility of prices in residential areas appreciating by 91 to 145 per cent in selected cities over the next five years, the study by the real estate advisory firm highlighted. The key drive for investors interest in the sector is high possible return on investments ranging between 18.6 percent and 29 percent per annum over the next five years. The report highlights that despite the slump in the real estate market, mumbai, Delhi-NCR, Chennai, Pune and Bengaluru will continue to be the most promising investment destination. 
READ FULL ARTICLE »

Sharing INFORMATION: Annual Pune Municipal Tax (property tax) on properties under Pune Jurisdiction, Maharashtra, India.

Greetings...... Wish to share general important information regarding Annual Pune Municipal Tax on properties which comes under Pune Jurisdiction to be paid every year and the bill is generated on every March month and delivered in hard paper bill also to your property address letter box however this receiving bill is not reliable as sometimes not delivered or misplaced by the government postal department.  Fortunately, you can find the same bill by visiting pune municipal corporation website:  www.punecorporation.org   and  www.propertytax.punecorporation.org  (the site is self explanatory) you just need your Consumer/property Number to track it. which will be in a format of eg. O/1/20/0123456 (this is just an example so pls fill your property no. on it) Again this property bill comes once in a year and last date without fine/interest  is 31st may of every year. if you miss to pay for previous years property tax bill then new bi...
READ FULL ARTICLE »