Financial affluence and emotional security are the cornerstones of every human being’s life. Everyone aspires and lives for a day where they have enough bank balance and are emotionally secure. One such way, which has been considered the best since times immemorial is through real estate. An investment in real estate has always been considered a great way of multiplying wealth and providing you and your family shelter, a sense of security, a sense of belonging. But, with a spate of changes in the Indian market and economy, people are pondering if it is the right time to invest in real estate. So, we give you not one, but five reasons why real estate investing is still viable and the best.
Bitcoins, the digital currency, the crypto currency have been making news for some time now. Investors are looking up to it for some lucrative gains and in some countries it has also been traded for real estate. Of late, there has been news of buying investment property in US and Dubai using bitcoins. And some developers in India are also looking up to this form of trade.But, can bitcoin impact the real estate industry in India. At a time, when the central government has introduced policies to bring transparency in the real estate sector, this seems a farce. With RERA (Real Estate Regulatory Act), GST and now Benami law, real estate industry is all set to witness an era of pellucidity. But, bitcoin will only keep the past opaqueness in place as its origin is not established in most cases. So, the introduction of bitcoin in Indian realty sector seems quite far-fetched.
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.
“Rooted grow deep, live tall” is an excellent saying and applicable for Non-Resident Indians living across the globe. In this era of globalization, people are travelling to different countries and continents, making it essential that there is a connect with the place of origin. One such way of ensuring that feeling of belongingness, that connect remains is by making a home for yourself back home. There is not one, but several reasons why NRI’s should invest in Indian real estate.
Do you remember that time when you tried to imitate Usain Bolt to catch a bus or when you raced against your sibling to get to the remote first? Do you remember the grin that just did not seem to subside right after? That was not because of getting on the bus or snatching the remote. It was because of the endorphins rushing through your body. Endorphins are hormones secreted by the nervous system and pituitary gland that reduces the transmission of pain signals and produces a feeling of euphoria.