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In the case of NRIs there is a general permission to acquire any immovable property (other than agricultural land, plantation or farm-house property) by way of purchase, provided the payment is made out of foreign exchange inward remittance or any Non Resident bank account in India, i.e. Non Resident External Account - NR (E), Foreign Currency Non Resident Account - FCNR or Non Resident Ordinary Account - NRO account. Although immovable property is not defined, the same will...
•New Or Resale Property - Making a Choice
Making a choice of buying a resale or a new house largely depends on individuals need and requirements beside other factors. There are plenty of options available in the resale as well as new property market. However, both types of properties have their set of pros and cons. There are many factors which guide an individual's choice for a buying a resale or new house.
Location - New projects generally come up in suburban and peripheral areas while resale properties are available in the main...
•Investment in Gold and Real Estate
Investment in gold and in real estate both has their fair share of pros and cons. Following are some of the advantages and disadvantages of investing in gold and real estate.
Gold: Gold is best suited for a long time investment. The demand for gold has always been robust. The process of buying and selling with gold is quite quick. It offers near zero risk of value depreciation.
One can even invest in gold online, nowadays. Investors can now buy, sell and virtually trade in gold commodity...
•Points to Remember While Buying a Pre-Owned House
Be it a new house or a pre-owned house one need to be careful and vigilant before finalizing a deal. Pre-owned houses have negotiable and wide range of price options to choose from. They have established infrastructure facilities - physical and social. Plus, they are ready-to-move-in homes, complete with basic furnishing. One can opt for a pre-owned home on the basis of individual and family requirement and the budget.
Money, location, appreciation, transport and connectivity, accessibility,...
•Growing Prospect For Investing in Ahmedabad Real Estate
Ahmedabad is better known as the capital city of the state of Gujarat. It is the seventh largest metropolis of India. A city more popular for its industrial background, is now growing on the real estate map, slowly and steadily.
Ahmedabad is among the top 10 cities to reside, invest and earn, according to a study 'The city skyline of India 2006' conducted by Indicus Analytics. Surat and Ahmedabad are also ranked in the top ten 'alpha cities' also classified by the study as the elite club of...
•Indirapuram - A Gem of Ghaziabad's Property and Real Estate Market
A few years ago having a property in Ghaziabad had been looked down upon by many. Today, the same location is considered as a priced property. By way of entertainment, quality education or health cares the NCR region of Ghaziabad has grown multifold. And among all Indirapuram has emerged as the priciest location in Ghaziabad region.
Strategically located between three cities (Delhi, Ghaziabad and Noida), Indirapuram's infrastructure is supposed to be its biggest strength. The entire skyline...
•Hyderabad - Creating Classy Real Estate Transactions
Hyderabad Real Estate is one of the preferable markets in India. With the reasonable prices and booming market renowned developers are making a beeline to the city. Many new residential and commercial projects are coming here to fulfill the requirements of end users.
Hyderabad has become the IT/ITES and BPO center. All major companies are setting their branches in and out of the city which further has increased the residential demands also. Luxury apartments and villas are coming up in large...
•Mutual Funds - Capitalizing on Real Estate Potential
The real estate stocks are difficult for an average retail investor to read. Wild swings have been the order of the day. However, mutual funds that have 3-4 per cent investments in real estate stocks allow a small investor to benefit from the surges but remain protected from the troughs.
Making an informed decision is necessary for the success of your investment goals. Mutual Funds (MFs) are certainly among the most sought-after investment instruments in the market but since you have to...
•Jaipur - Emerging Stronger From the Financial Crisis
Jaipur, popularly known as the 'Pink City' is one of the most promising real estate destinations in the country today and is considered to possess one of the best infrastructures.
Jaipur is all set to make a mark in the realm of economic growth in the country. The Jaipur real estate sector is looking very bright. The state government has taken various steps to make the city the next big destination for the Foreign Direct Investments. These include widening and improvement of major roads...
•Surajkund - Lucrative Real Estate Options
Real estate boom in India has activated many dormant areas to become super- active. Surajkund is currently going through this phase of activation and is ready to cross the threshold in order to emerge as a real estate destination. This boom is further strengthened by the relaxation of Foreign Direct Investment (FDI) in the real estate and construction sector. Additionally, the retail segment has opened the doors for the commercial real estate sector of India. Faridabad is fast becoming the next...
•Kolkata Real Estate Market - A Stable Market For Investors
Girikunj Phase II adjacent to New Alipore, is the newly found residential option in Kolkata. Private real estate developers have lined up their projects in the range of Rs. 28 -36 lakhs. Capital values of builder floor apartment in Tolly Gunj near Menoca cinema hall is Rs 65 lakhs and the rental value of an 1800 sq ft apartment in Tolly Gunj near Menoca cinema hall is Rs. 15000 per month. In Jadabpur the capital values of a 1000 to 1200 sq.ft is in the range of Rs. 25 to 48 lakhs whereas the...
•Bangalore's Passive Residential Market
Bangalore is witnessing a slowdown in buy sell activities of residential property. Latest property trends of the city shows that the residential capital values are decreasing at certain localities. Eastern Bangalore region is facing recession in property market. Areas like Marathahalli, Airport road, Whitefield, Brookefields, Hoodi etc are seeing downfall in property rates as compared to last year. Reason cited by the local property dealer is that these areas are facing lot of traffic...
•Delhi NCR Real Estate- Suburban Growth Continues
The Delhi NCR region has grown to be one of the most favored real estate destinations of India. Delhi being the capital city has always been a delight for any property buyer or investor. With the city getting crunched for space, the NCR region gained popularity among the developers, buyers and investors alike.
The most sought-after locations in the Delhi NCR region include Gurgaon, Ghaziabad, Faridabad and Noida. Being in the proximity of the national capital, Gurgaon today is considered as...
•Infrastructure Makeover Changing the Face of Real Estate in Chennai
Chennai has retained its traditional charm for long. The city is known for its booming movie industry. Flourishing industries include hand looms, furnishings, fine silks, and traditional and trendy merchandise. Investment on the real estate in Chennai has been on the rise. With the talk of satellite townships coming in the outskirts of the city, the avenue for investment in real estate has never been this good. The landscape of Chennai is all set for a makeover. When the Rs 32,700 core plans...
•Pune Real Estate - Buoyant and Inviting
Pune, the Queen of the Deccan, located in western Maharashtra. The city, today has become a global city, and is representative of the very best in Indian society. The city has taken development and equity on equal pedestals, and has therefore succeeded in becoming an example worth being emulated.
The economy of Pune is growing at a rapid rate because of infrastructural development and increasing amounts of foreign investments. The real estate sector in Pune has hit a golden patch, and Pune...
•Goa Real Estate - Struggling
When you think of Goa, you think of the perfect holiday. It is this sentiment of Goa being the perfect tourist getaway that has caught the fancy of real estate developers far and wide.
According to estimates, around 75 per cent of Goa Properties are bought by people living outside the state. Most of the buyers are from the north of India- Delhi, UP and Bihar, since the north is deprived of a coastline. Several non-resident Indians also view Goa as a perfect place to retire as it offers a...
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