How NRIs can better take care of real estate holdings in India


How NRIs can better take care of real estate holdings in India


NRIs frequently maintain and support a full-spectrum portfolio that includes all asset classes, such as stocks, mutual funds, FDs, and real estate.

NRIs rely on their resident friends and families for advice and execution on major purchases, sales, maintenance, and tenant searches, among other things.

Non-residents tend to rely on secondary sources, such as feedback from friends, internet reviews, news reports, etc. You can make an accurate assessment of potential investments by using a professional real estate advisory service.

A property’s valuation and risk assessment is a critical step before making a purchase decision. A register property valuer is require for NRIs. In addition to overseeing the valuer’s operations, the Indian company can assess risks and determine growth potential.

In the Indian context, legal safeguards are critical. A detail legal check on the land/flat from a professional legal advisor is require to determine the possibility of any future risk or dispute.

ALSO READ: Model Tenancy Law Brings Cheer To NRIs

When an NRI sells a property, he or she must pay capital gains tax. The taxation rules differ depending on how long the unit was in possession before it was sold. A reputable Realty Advisor will coordinate and ensure full compliance with all applicable tax laws.

Non-Resident Indian Real estate investments have an emotional quotient. In addition to owning a second home or backup asset, non-residents purchase land for a variety of reasons.

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