Non-Resident Indians (NRIs) have always found real estate an attractive investment option. Their attraction comes not just from the financial aspects, but also from their intense desire to have a connection to their roots. The reasons for NRI investments in India could be many, and vary from providing a better lifestyle for the family to […]
Keeping in mind the rapid growth process in the real estate sector and its contribution to Indian Economy the Government introduced the Real Estate Regulation Act (RERA). Their aim was to provide world-class facilities to its citizens by providing a home for all, developing smart cities and making advancements in the infrastructure sector.The growth in […]
The government of India has been seeking to boost investment opportunities in real estate sector as well as protect the investors, especially NRIs. The Foreign Exchange Management Act (FEMA) which falls under RBI (Reserve Bank of India) governs NRI Property Investments in India. It has laid down specific guidelines for the NRIs so as to […]