US based realty firm HINES has entered into JV with Conscient infrastructure and announced a residential project Elevate in Sector 59 Gurgaon. The construction of the project will be undertaken by...
Amid the Coronavirus crisis, Lodha Group has offered to waive rentals for all retail stores occupying space in retail developments by Lodha group. These stores will be exempted from paying rent since...
Trump tower comes to Gurgaon in association with M3M India Ltd. Sector 65 will see the rise of two iconic towers with the marquee brand trump Tower. for more details click here
M3M has tied up with PVR for its multiplex at 65th Avenue. It is a 8 screen multiplex and PVR is said to have signed a 21 year lease. To buy a screen at this location, click here.
NRI means Non-Resident Indian. According to Foreign Exchange Regulation Act (FEMA) guidelines and policies for the Non-resident Indian, Indians is: The people who reside foreign for professional, carrying on business organization or career outside the country. OR The citizens who live in abroad for any other reason for not fixed time of stay outside the national country; OR Government officers who have professional career in overseas on an assigned Indian duty or where the Indian government officials draw their income through Government means.
Ans: Till date, there are not any tax profits accessible for NRI unless they record returns and thus become eligible to apply for the tax benefits as cited under Property Loans.
Ans: Some important points when purchasing a residential property: Check the necessary amenities like educational institutes, shopping complex, entertainment centers, parking area, health facility and many more.
Plenty of water and electric supply
Expected for leasing or resale of the property
Car parking space
Cost elements: taxation, price, monthly maintenance, charges of utilities and transfer fees
Complete zone of the flat
Ans.: Yes, it is possible as RBI has granted general approval for sale of commercial and residential property.
Ans: The full form of PIO is Person of Indian Origin means a person who or whose parent grandfather for forefather was a resident of the nation by merit of the Constitution of India or the Citizenship Act, 1955.
Ans: The fund transfer should be completed either out of internal remittance in foreign exchange through general banking transmissions, or outside monetary transaction from NRE a/c kept up with financial institutions in India.
Ans: Currently, there is not any time limit for investment. A buyer of property is free to transform it into money anytime.