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Three Must Documents for NRIs Investing in India

NRIs forms chunk of investors in Indian real estate. The most favoured investment destination for non-residents are Indian real estate itself. Though it takes persistent effort, the most cherished dream of the Indians are to move out and reside in a foreign country. Once settled abroad the tendency to invest in Indian real estate is common as they have the favorable conditions and policy initiatives here. Since they could avail different benefits like low property price, tax exemption, and retirement benefits the number of investors are increasing day by day. Nostalgic attachment towards the country is also a reason. Many are interested to come back and settle in India. In India we offer more value for money to the investors, with better returns in less time when compared to other real estate markets in the world.It is important, it has to be complied with the requirements of the Foreign Exchange Management Act (FEMA). To ensure everything related to NRI investment is in place you need to know about the documentation process. Here is a list of main documents needed for NRIs to buy a property in India. To ensure everything related to NRI investment is in place you need to know about the documentation process. Here is a list of few documents needed for NRIs to buy a property in India.