Property
investment in India is at its peak. Owing to the infrastructure developments
and growth of population, property investment is at significant rise in India
among the investors. Buying a property of your own is considered as one of the
greatest Indian dreams. No matter which part of the world you live in owning a
home in India is simply a must. The Reserve Bank of India governs such
transactions and they fall under the Foreign Exchange Management Act (FEMA) for
NRI who wants to buy a property in India.
Reasons
for Investing In Real Estate in India
·
Among the investment options available back home, real estate sector plays a key role as the rate of
appreciation and expected returns on investments at periodic intervals are more
in India.
·
Additionally, a number of NRIs, particularly in West
Asia, who will not be able to continue to stay there due to domicile restrictions,
will have to return home some day.
·
Investing in land is well accepted among NRIs as those
who cannot buy an apartment immediately can invest now in a lesser value asset.
·
A significant factor these days is also that many high
net worth individuals prefer income-yielding assets such as leased commercial
property or opt for pre-launch offers which yield them 18-25 percent during the
project implementation stage. Hence, a section of NRIs
are also keen on investing in project level or on non-repatriation basis by
forming a partnership firm.
·
When they return from a foreign country especially the
western countries, they would want to have similar way of living which builders
such as Panchsheel Greens 2 in Noida Extension allow you to experience
the high standard of living with modern amenities in your home country.
·
Residing in complexes of
http://www.panchsheelgreens2.ind.in/
gives you the easy accessibility to malls,
state of art facilities, world class hospitals and education institutes.
These aresome of the major reasons where real estate
serves the purpose of settling back home.
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