Although today's Indian economy is tough, for NRIs, real
estate sector proves to be a good investment option in real estate industry in
India. There are many reasons why NRIs are keen on investing real estate
industry in India although there are a lot of issues like lack of security and
care taking, and misuse of power of attorney. In this article, www.cosmicindia.in
highlights a few reasons as to why be there increasing investment by NRIs in
the real estate properties in India.
Cosmic India |
Real estate investment in India is a great investment in
terms of cash value of the land or home that rises over time. The real estate property
also becomes a regular source of income as residential properties are given to
families on rent and commercial properties have high paying professional
tenants.
The real estate market in India upholds a magnificent
investment prospect for Indians living in a foreign country. It opens up an
option of an additional investment that is not available abroad and is not so
rich in returns.
NRIs are at and to your advantage position as most of times
they earn in a foreign currency that has a high value as compared to Indian
rupee. Investment in India is done in rupees and a drop in currency value makes
it easier and cheaper.
For whatever reason you are investing in India, good returns
or having a residence after retirement, be sure to have the entire knowledge
concerning the legal formalities.
Related Posts :
Why do NRI's give preference to investments in real estate in India
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Increasing demand of NRI's investing in commercial real estate
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Tags : NRI showing intrest in Indian real esatte market, NRI investments in commercial property, bank schmes for NRI,, tax and legal issues for NRI to invest in India.
Related Posts :
Why do NRI's give preference to investments in real estate in India
How to invest in real estate outside your homeland ?
Increasing demand of NRI's investing in commercial real estate
NRI selling property in India
Tags : NRI showing intrest in Indian real esatte market, NRI investments in commercial property, bank schmes for NRI,, tax and legal issues for NRI to invest in India.