Promising Growth Prospects in Bangalore Real Estate

Bangalore grabs attention of diverse business investors offering vibrant market. Be it Information Technology or IT- enabled services, FMCG and Import/Export sectors, all make it a hot investment destination in India. This hi-tech city with ever expanding residential and commercial infrastructure base is also inviting buyers interested in investing in the city. In these lines, residential projects are gaining prominence among the property buyers. Buyers prefer these properties for getting attractive returns in the long term horizon.

This is one of the reasons why real estate developments in smaller areas are being given importance. Bangalore suburbs are coming up with luxury ventures that promise sophisticated living in integrated townships. Several eminent builder and developers of the nation have come up with varied housing ideas to accommodate dreams of any size or any budget. Godrej Properties, Sobha, Mantri, Prestige Group and Brigade offer smart living options in the world class infrastructure of Bangalore.

New Residential Project in Bangalore

New residential project in Bangalore includes Prestige Kew Gardens in Yemalur, Godrej Avenues in Yelahanka, Sobha dreams Acres in Panathpur, Mantri Energia in Hebbal and more. All the projects are well connected to the city and offer organic and sophisticated living in serene green landscape.

Every residential project offered here comprises all basic amenities and facilities for comfortable lifestyle. Large clubhouse with gym and yoga facilities, children’s play area, urban swimming pool for kids as well as grownups and banquet hall are some of the important features of the residential developments.

Not only this, these projects have arrangements for meditation center, jogging & cycling tracks and numerous indoor/outdoor games. Sports lovers can find the huge cricket ground, badminton court, basket ball court, table tennis, billiards and other games facilities quite entertaining.

Brigade Buena Vista Bangalore

One of the upcoming residential projects in Bangalore called Brigade Buena Vista is increasingly becoming popular in the realty market for its strategic location and host of first class amenities. Spread on 7 acres of greenery near Old Madras Road, it is serene residential complex and smooth connectivity from all over the city. This amazing project covers 1, 2 and 3 BHK luxurious apartments across G+22, 6 towers. Apartments with unit sizes spanning 650-1650 Sq.ft. areas offer enough space for everyone to live and design as per their liking in future.

The wonderfully crafted apartments in Brigade Buena Vista Bangalore are available in price range of Rs. 38 to 83 lacs which is not so very expensive to buy. This sophisticated residential complex right off the old madras road is easily accessible to Metro Railway Station, ITPL & Whitefield Software Corridor and Sai Baba Ashram. The project site also has all basic facilities within a 360-yard radius. Blessed with such large convenient facilities, it offers lucrative investment opportunity in the IT Hub of the Indian state of Karnataka.

Godrej Avenues: A New Residential Segment in Bangalore

Bengalore is high tech industry with huge IT & ITES establishments, which employ around 35% of the total IT professionals in India. Apart from this, nation’s most industries thrive here, be it garments, pharmaceutical, FMCG & service companies or heavy engineering industries. All these are major reasons for steady economic growth and social mobility in the region.

As this southern city represents modern face of India, large number of people migrates to this city in hope of good jobs and high standard of living. This has led to real estate boom in this capital city of the Indian state of Karnataka. People are looking for long time investment through residential property in Bangalore. From budget to high end apartments, penthouses and row houses, the realty market has a lot more to offer here.

Presently, new suburbs of city are attracting buyers all over the country. The luxury projects here are offering golden opportunity for Non Residents of India (NRIs) to invest in the booming city. Eminent real estate giants in the country are bringing various housing projects in the fast developing suburbs. These are built keeping in mind the present requirements and needs of the buyers.

Among the newly launched projects, Godrej Avenues is one of the best residential ventures by Godrej Properties in Bangalore. This is a lavish community venture covering 1, 2 & 3 BHK residential units with full of amenities and features that are required for comfortable living. The major highlights of the project include 24 hour security, 100% power backup, uninterrupted water supply, club house with modern amenities, multipurpose hall, gymnasium, landscape green park/ kids play area and convenience shops to fulfill every day needs.

Spread on 5.5 acres, it offers residential units in 1, 2 & 3 BHK unit sizes with natural beauty in the surrounding. Every unit is wonderfully designed using high quality tiles flooring and fixtures and electrical fitting of standard make. The entire project with artistic structure units and greenery all around give you some privacy within a community venture.

The Godrej Avenues in Bangalore is also in the news being a prime location project. The proximity to leading schools, colleges, hospitals and entertainment has increased its demand in the suburb market. Strategically located right off Doddaballapur State Highway, which is very proximate to AH-49, it has excellent connectivity via roads, rail and air. Presence of multi brand malls with recreational places and dining options are added advantage of the location.

If you are looking for residential property for sale in Bangalore then Godrej Avenues is a real deal. Find more information on this property online.

Triggering A Buying, Raising Consumer Confidence in Noida Real Estate Market

Over the past few years, National Capital Region has gained momentum in real estate developments, from rising interest of buyers looking to buy property in Noida. Urban lifestyle, high speed connectivity, job opportunities and well developed social and commercial infrastructure has constantly garnered attention from property buyers. Noida broadly is divided into three categories, one is the oldest developed residential sectors, namely 12, 22, 26, 27, 29, 37, among others and the other two are the upcoming neighbouring areas such as Noida Extension and Greater Noida. Let us know the reasons impacting property buyer’s decision to buy property in Noida and neighbouring regions:

Why Noida Extension?

• Noida Extension offers a plethora of residential housing options along with modern age amenities and facilities. It is well connected with National Highway 24, Greater Noida and Central Noida. Available properties in Noida extension are from all well established builders with good market presence and credibility for offering projects timely. Amenities like a private terrace garden, club house, jogging and strolling track, among many others are a few of the high end smart technologies that are being offered by real estate developers in Noida extension, enough to trigger a buy among potential buyers.
• Housing options: Noida Extension offers properties to cater buyers from all budget segment. You can find budget homes, mid-segment class homes, luxury apartments and residential units as well. However, the property price further depends upon the size of the dwelling.
• Target Audience: If you are a professional or first time home buyer, Noida extension will suit your budget as property available in the locality ranges from minimum 30 lakh and goes above a crore. First time home buyers with low budget also have the option to buy property in Noida 

Why Greater Noida?

Greater Noida is informally divided into two parts – Noida Extension and Greater Noida, both offering well planned infrastructure. If we talk about Greater Noida alone, then it offers a lot of established social and commercial infrastructures along with residential development.

• As a prospective home buyer, you will be wooed by the large open spaces here followed by the availability of premium schools such as DPS, GD Goenka, Greater Valley School, Lotus Valley, APJ International School, among various others.
• Apart from established infrastructure, you may also find number of residential housing options, many of the under construction stage, whereas many ready to move in suiting well with the budget of home buyers from all backgrounds.
• When it comes to lifestyle, Greater Noida has malls, entertainment centres and also the residential communities offering high end facilities.
• The area also has a factor driving demand here, which is the announcement of the metro route in Greater Noida. It will pass through Knowledge Park-II followed by including areas such as Pari Chowk, Sectors Alpha 1 and 2, and many others. This metro announcement has worked positively in the real estate market of Greater Noida and also on increasing the positive sentiments among buyers. However, the actual demand will pick once the metro work will seem to be in the completion stage.
• There are a lot of commercial projects in Noida and it has expanded to Greater Noida as well for which many professionals on a daily basis commute to the area from other parts of the city. Looking at the availability of work opportunities here many professionals have cited it as a better option to reside here.
• Growing work opportunities in Greater Noida have been only because there have much traction of many top notch IT companies. As metro is reaching greater Noida therefore, several IT companies are eyeing Noida Expressway and Greater Noida for setting up their offices and hence housing demand from professionals.
• The area also witnesses rental housing demand from the students migrating here from across the nation to pursue education.

Growth of commercial projects

Considering the growth in housing demand, real estate construction activities across Noida, greater Noida and Noida Extension, have taken a high rise. Right from IT, telecom, software programming, IT services, E Commerce to electronics, all have their base across the city. Greater Noida is one such example for offering commercial projects in Greater Noida. Real estate developers are also keen on offering commercial spaces across Noida and its neighbouring developing areas owing to the increase in momentum of people migrating to work study and live and hence demand in for buying as well as in renting homes. If you are looking for upcoming commercial properties in Noida extension, greater Noida or older established areas of Noida, there is a plethora of options to choose from. Renowned developers are offering commercial properties in Noida, extension and greater Noida as well in varied sizes and attached amenities.

Buyer’s outlook

Whether you are an end user first time home buyer, investor, NRI or from another city looking forward to invest in Noida you will find property for sale in Noida in huge numbers. In many cases buyers have to be smart and keep a check as many times they land up getting into the wrong deal. Many people offer property in Noida for sale, which are not even approved. In order to keep a check and get the right deal, buyers need to assess the developer on various parameters, consult necessary people and then make the financial decisions.

In order to be a smart buyer, you need to be aware of the few factors which are:

• Checking the background of the developer
• Clear title of the property
• Details of the property size and area promised
• Occupation certificate
• Ensure there are no legal dues on the buyer
• Commencement certificate
• Additional cost while buying a home
• Amenities in the project
• Infrastructure promised in the project, etc.

Whether you are buying a residential or commercial property in Noida, it’s never too late to do a check in order to get the right deal.

8 Reasons Why Buying Commercial Property In Noida Is A Great Option!

More often than not, investing in a commercial property is the heftiest expense that you incur as a business enterprise. While this expense is non-recurrent, it also is not reversible, because once you buy a property, chances are that you wouldn’t want to sell it off or even rent it out for a long time to come. Hence, it is always better to make a solid investment, something, that wouldn’t make you regret your decision, and it is for this reason, Noida is fast becoming the preferred choice of all businesses. If you’ve been wondering why exactly that is, here’s a list of8 reasons why it makes complete sense to buy commercial property in Noida!

1. Competitive Pricing

While at the first instance, you may find the property rates in the NCR town a little mind boggling, after careful consideration and comparison with prices in the capital city, it will only seem worth the value. Especially because of the top-notch amenities and features that a large majority of new projects in Noida offer!

2. Connectivity

Stupendous connectivity options offered by the metro as well as the local transportation facilities make Noida property the censure of all businesses. It has become exponentially easy for employees and clients alike to approach the NCR area seamlessly, without any hassle.

3. Residential Projects

Since Noida has become a hub for some of the finest residential projects, attracting a large number of people pouring in from Delhi as well as other NCR along with those coming in from other parts of the nation looking for a better lifestyle, it is only obvious that businesses will get a boost in the near future.

4. Well-Planned Layout

As opposed to a large majority of urban cities in India, Noida property has been meticulously planned by the local authorities in a manner which makes it highly viable, both commercially as well as on a societal level. It is this very reason, that the city seamlessly extends living benefits to families and singles alike, thereby creating a larger market-place for all businesses.

5. High Standard of Living

Pertaining to Noida’s close proximity with Delhi, the residents are used to a high standard of living, a factor which greatly helps in attracting as well as retaining employees thereby aiding businesses to overcome a major challenge of the present day scenario.

6. Integrated Commercial Projects

Home to some of the finest commercial projects such as the BPTP Capital City Noida it is becoming increasingly cost-efficient for businesses to set up in the area. Marvellously integrated to offer facilities such as conference rooms, high-speed internet and even fitness centres, BPTP Capital City has already attracted some major commercial giants, thus proving to be a hub for some of the most successful ventures.

7. Proximity to New Delhi

Needless to say, New Delhi being the capital city of the nation is core to the smooth and efficient functioning of every business, especially in terms of legal documentation, licencing, various business permits and other such technicalities. Owing to this very fact, buying commercial property in Noida, will, in all likelihood prove to be immensely beneficial for any business in the long run.

8. Yamuna Expressway

Noida property has never witnessed a boom like it has in the most recent times, and it wouldn’t be wrong to attribute this boost to the Yamuna Expressway, thanks to the unparalleled connectivity that it offers. It is for this reason that new projects in Noida such as the BPTP Capital City have become the most-sought after projects, thanks to its juxtaposition to the expressway, which is a boon for every business house that flourishes in the premise of this outstanding project.

The Benefits Of Buying A Home in Noida

Noida is a city that has a lot of options which make it a city that is a favorite of the people. The whole process is made simple by the easy approach that it has by road as the New Okhla Industrial Development Authority (NOIDA) has been instrumental in making the things smooth for the people. By excellence of its arranged advancement and very much created framework, Noida is a standout amongst the most favored destinations for purchasing property in the NCR today. It is a standout amongst the most arranged locales in the NCR with a great street system, waste and sewerage offices, water and underground power framework. Possessing large amounts of presumed schools, retail courts and shopping centers, eatery and relaxation hotspots, lodging and healing facility chains, the city emerges for arranged design of private and business zones. Arranged IT parks and commercial enterprises, which serve as essential boulevards for giving livelihood and attracting home buyers, add to Noida’s allure as a self-managing city. Top residential projects in Greater Noida have been a hit.

Found near Delhi, Noida likewise appreciates amazing various join focuses with the capital city and different parts of NCR. The social and physical base is practically identical to Delhi, and some would say superior to anything Gurgaon despite the fact that property costs are higher in those spots. Subsequently, Noida and its sub-markets have developed as an option savvy office and private destination to Delhi and Gurgaon. New launch residential projects in Greater Noida have been laid out and that makes it a very simple for people to choose and sort the best.

The appearance of Metro in Noida around five years back ended up being the tipping point in the locale’s quickened development and advancement. Despite the fact that Noida had come to be viewed as a set up modern and IT center by the mid-2000s, the upgraded availability in the wake of Metro amplified the area’s allure as an operational hub of office, retail and private advancement. Since the time that Metro rail touched base in Noida in 2009, there has been a surge in the quantity of private and business ventures dispatched in the district. Expansion of Metro connection to Kalindi Kunj and Greater Noida, anticipated that would be finished by 2017, will further raise the land profile of Noida. The best residential projects in Noida have been made available for the people to have the best of best.

The expected additions from forthcoming improvements alongside the constantly rising interest for private, office and business space has propelled every single significant designer to arrange and dispatch new undertakings. With so much improvement going on and in the pipeline, land here is set to procure more prominent quality. Expectedly, business and private properties stand to pick up from attractive capital increase over a timeframe. This apect alone clarifies why Noida is such a hot decision for putting resources into property. To make interests in Noida significantly all the more engaging, numerous forthcoming business extends today offer 12% guaranteed returns. Figuring in the rental pay alongside development in capital quality throughout the years, the rate of return would be much higher.

Returns are no less charming for financial specialists in private property too. Property examiners opine that the thank fulness in costs in the effectively settled prime segments of Noida is 30% every year while in the new and up and coming regions capital worth gratefulness is 10-15% YoY. As property costs keep on ascending because of solid request, the chance to gain extensive capital returns is splendid. Presently, with blended use improvements on the ascent, the possibilities of gratefulness are still higher.

It’s Easier To Book Your Property In Your Budget

Due to hike in the property demand in Delhi, the price of real estate has surged, leading to increase in the demand for real estate in NCR. Noida has evolved as the best location for those who are looking for property within low budget.

Noida has seen a long journey from agriculture oriented land to the best real estate destination. Earlier it was only a agricultural location but with the passing decades it has grown as the best place for industrial setup as well as for the development of the residential projects. It was developed by the initiative of Rajiv Gandhi, who has Industrial Development Area of Uttar Pradesh. Noida has come out of the closet and evolved as one of the foremost places to look after investment purpose in real estate. Noida has many lucrative options open for investors, from high price luxury apartments to economy average apartments. People who are looking for the apartment in accordance to their needs and their budget, they get their perfect search here. The area has developed as the center of interest and focus of real estate giants such as Supertech, Jaypee, Amrapali Group etc. These are participating in real estate activities on full throttle, which has attracted the confidence of good chunks of buyers into the city.

Noida is major hub of real estate and prospected future wealth capital. It houses many companies from all the sectors of economy. The city has witnessed insanely rise in the demand of residential as well as commercial projects. Few locations such as Film City is primarily targeted by the news channel for their head offices. You can find the head offices of almost all the news channel into that part of Noida. It is paradise for anyone who don’t want to go away and decide to stay in the vicinity of Delhi.

It has spectacular two-way connectivity from Delhi through Delhi Metro service and various channels of roadways. Ultra-modern DND Flyway connects Noida to the capital. The modern city is occupied with great infrastructure and blended with high end properties in Delhi. Many people travel from Delhi to Noida due to their personal and professional works. It has its counting in one of the best world class cities with wide roads and super infrastructure. According to many analysts, the city has good probability of higher future returns on the investment on both types of properties, be it residential and commercial. The value of the property can easily be deduced at any moment.
Due to positive nod of NCR Planning Boards on Greater Noida Master Plan a favorable impact is expected to observe into the market, leading to a expected hike in the price. Greater Noida is also one of the best options for affordable properties, here you may get good affordable property at your price. It has many integrated townships where everything one needs, be it shopping centers or multiplexes or amusement parks or hospitals are available nearby.

Lotus Green flats, Sikka Kaamya greens Flats are some of the new arrivals in the long list of affordable projects in Noida. These groups are well renowned and have stupendous credibility in the market. The proposed extension of Delhi metro line is going to revolutionized the transportation and save a lot of time while travelling to and from Delhi.

The projects in Noida are worth making an investment on many grounds. Owing to the international standard amenities and hi-end infrastructure, this city offers better monetary appreciation in coming future. So it is high time to book your place, book it now and avoid missing the opportunity.

Tips To Find Your Perfect Home In Noida

In today’s time as it has become difficult for buyers to find a perfect home in Delhi or in Gurgaon, Noida has emerged as a major destination for home buyers over the last few years. Buying property is the biggest investment that anybody makes. With the changing trend of property market Noida offers a wide property options to the buyers. As property buying is not a child’s play one has to be very careful and consider the important facets in order to make the best deals. Here are some basic tips that can help you out to buy your preferred home.

Location is Crucial

Location always plays a pivotal role in buying any property. Prior to buying property it is always important to check the location of the project and its accessibility. If you are looking for flats in Noida then you can never run out of choice as you can get ample options of best residential projects in Noida. Noida real estate market is perfect fit for buyers looking for property in any income segment. Moreover, it is always beneficial for buyers to buy those properties which lies in proximity to all types of basic facility and has good connectivity to all the major parts of the city.

Have Good Knowledge About the Market

As you invest a large amount of money while buying property. It is always wiser to brush on your knowledge about the trends and the development taking place in the property market of the city. With the help of legal experts and real estate agents you can get a lot of help and guidance to make your investment right. With the growing demand of property as many developers have launched top new projects in Noida having a thorough knowledge about these projects can help you in a great way to choose a perfect home.

Check on its Social Infrastructure

A well advanced infrastructure is one of the most important aspects of buying property. As Noida offers a wide option of housing projects to the buyers. Sector 14, 15, 18, 63, 64, 74, 79, 137, 138 and 140 are some of the popular localities that are developed in a very planned way and has well developed social and commercial infrastructures. With well constructed roads and proper supply of water and electricity you can get almost all types of facility in the proximity of the projects.

Go for a Good Developer

Noida property market is flooding with numerous developers. In mid of this opting a right property is a big risk. If you want to tone down your risk then it is always advisable to a proper research on the developer of the project in which you are making investment. New developers generally involves lot of risk and are prone to execution delay. So choosing a reputed developer ensures the execution of the project and secures your investment with time.

Consider the Future Growth of Market

One should always buy property considering the future growth of the property market of that area. So that with the good appreciation of property price one can get good return on investment. As Noida holds a bright future in real estate, investing in ready to move projects in Noida can be a profitable deal in long run.

How To Buy A Luxury Apartment In Noida

Noida has emerged as a major destination for home buyers over the last few years. As Noida enjoys the status of being business capital of India the number of millionaires in the city is on rise. Though Noida has always known for its residential offering to middle income group but slowly it is rising in stature and developers are beginning to raise stakes and building residential property in super luxury segment. As high income group of buyers are moving towards the city the demand of luxury residential projects in Noida is on rise. As every buyers want to live in a secured surrounding and good community enjoying and experiencing all luxury and comforts of life, Noida fulfills all requirements of buyers in a very planned way.

As Noida has a bright future aspects in the real estate market, developers feels that there is budding demand of luxury homes in Noida. Noida has a mixed demography and unlike before the development of the city in a very planned way has changed the perception of people. The luxury quotient of Noida has stated taking shape and the growth of luxury projects in Noida are more sustainable than any other luxury market like Mumbai and Gurgaon since the city physical infrastructure is better than any other city on luxury map.

The high rise apartments in Noida are suitable for luxury buyers in every way. As Delhi has an issue of land availability, people find Noida a true extension of Delhi. With the rise of commercial setup, corporate hub, superb connectivity and advanced infrastructure Noida has raised as the most opulent and lucrative destination for buyers to dwell. Developers in Noida are coming up with top class luxury projects that have unique design, architectures, ultra modern facilities and everything that defines luxury.

Every property has different aspects and there are different factors that defines the property luxurious like great location, perfect view, ultra modern amenities, top quality specifications, 100% safety and security. Noida not only offers all these facilities but the wide property market also offers varieties right from villas, penthouses, big luxurious apartments to bungalows. With huge appreciation potential the right price of property is attracting large crowd of buyers. Unlike before buyers have become more responsible and aware about their investment they check for many different aspects before investing their money. So, before you invest cores on property it is crucial to know the history of developers and their reliability in the property market. Noida, property market has handsome numbers of renowned developers that offers you a trustworthy property. According to the experts the rising market of luxury in the city has viable options for buyers.

Good Things About Buying A Residential Property In Noida

The city of Noida has a lot of options when it comes to residential property. Noida has been a city with a ton of offices as the city was arranged before the land allotment started. It is not a case with NCR that planning has been done before the genuine city is setup however this has been the situation with Noida. The streets and other infrastructural needs are preferable met here over whatever other spot. This makes it a more apt spot to live or even purchase property. Dissimilar to Gurgaon which was created after the corporates came here, Noida particularly Greater Noida has been completely arranged and made to meet the rising requests needed in the property market. This is crucial as the city has a higher rate of property interest thus the requirement for some place that has a more noteworthy worth was felt. Noida has an awesome potential for development thus the administration having understood the same has grown new zones like Noida Extension and Greater Noida for the same. Such districts make great ventures as the rates are certain to develop at a quick rate making things basic for the purchasers. There are majorly three purposes behind financial specialists to put resources into Noida:

1. Metro

Metro network has been one factor behind the rising demand in property rates as being close metro is the most important factor. The power has doled out extraordinary remittance for the metro course to experience the Noida and proceed further into the city. DMRC has chosen to take two courses proceeding through the Noida City Center Metro Station to Bodaki. These will be helpful to the people working in Delhi and Gurgaon. This is the reason that Residential projects in Noida Extension have been laid out.

2. Infrastructure

The city has an awesome base, as the streets, sewage, water supply and power are overseen well. The New Okhla Industrial Development Authority (NOIDA) has been instrumental in making things smoother for individuals and that makes the best of spot to live. Noida has a considerable measure of choices with regards to making things work for the inhabitants. The best projects in Noida Expressway along these lines have been set in the most prime spots for making individuals upbeat and their lives agreeable. The city has been associated with Delhi in the best conceivable way. Best of roadways are accessible for connecting with one another. Noida has been touted as the absolute best is accessible for utilization. If you want to Buy 2 BHK in Noida, then the best of options are available for you.
3. Returns
While buying property, the main motive is to gain returns and this has been achieved by buying property in Noida. The prime intention is to offer the property once the rates acknowledge thus that benefit is made. Best business property in Greater Noida will be created in light of the fact that the profits are high. This zone has been one that has an exceptional yield rate thus that makes it an incredible purchase. The 2 BHK in Noida for sale are plenty and that makes it a great zone for property needs. This zone has been unified with every one of the pleasantries and offices that makes it one of a kind. Alongside the proposed universal airplane terminal, the city will have the capacity to make the best of profits in the years to come. A city like Noida, that has all components that a world class city ought to, is certain to increase new statures and be well known in the years to come. The F1 racing track being laid out in Greater Noida is another sign that it will be touted for once these infrastructural needs are met.

A Guide To Property Investment In India

India comes among the top 5 investment community for NRI across the world. They have always been opportunistic in terms of investment avenues and return. In order to invest more and more investment from abroad government is regularly coming up with new schemes. Real estate is one sector that has always grabbed the attention of non Indians. The RBI has also given permission to NRI (Non Residential Indian) and PIO (People of Indian Origin) to put their money in the residential and commercial real estate sectors of the country.

There has been a significant growth of NRI’s investing in Real estate of India as the value of rupees is depreciating in international market and real estate offers better returns. RBI along with Foreign Exchange Management Act (FEMA) has simplified rules and providing the benefits of repatriation of capital involved. Any NRI can purchase property in India other than any agricultural land, farm house and plantation property. They can also obtain any property in inheritance and can transfer immovable property to any residents of India by sale. Moreover, an NRI can also transfer his residential or commercial property by means of gift to any person either residing in India or abroad.

At the time of property purchase the NRI has to shell out stamp duty as well as registration fees. On the interest paid on the home loan the respective person can avail the benefits as per Indian resident. NRI’s have special advantage that comes under the tax implication that is the amount which is paid for the interest of home loan is deductible from NRI’s taxable income without any upper unit. Though investment in real estate is a simple move but there are several drawbacks as well. So before putting money one should be cautions enough to have secure deal.

The property name should be clear from issue and the seller should have the required rights to sell it, especially if the property is inherited or joint. Always check on whether any authority dues are pending on the property not. If the property has been mortgaged as security in any type of loan then it is advisable to take bank release letter from the concerned bank. In terms of construction the property sale should have all approvals and permits from civic authorities. With the help of property investment guide, NRI’s plan to buy property can ensure the returns and authenticity of the property.