Indian diaspora is becoming extremely prosperous. NRIs living abroad are investing in Indian real estate faster than before. As NRIs are busy with their thriving lives abroad, their properties in India which require attention and protection. In the last few years, property frauds of various kinds in India have been observed, specifically concerning the properties …
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NRIs looking to invest in real estate in India are eligible for home loans from banks and other financial institutions.They can apply for home loans for as many properties as they like in India. But in the absence of a clearly defined regulator, there is some disparity in the interest rate, tenure, and eligibility of …
The recent times have seen an interesting trend of investing in the real estate market in India amongst the NRI diaspora. With a favorable exchange rate and improved transparency, NRIs are also willing to sell their properties in India. Reasons for the sale can be anything ranging from taking citizenship in another country to earning …
Documents That NRIs Need While Selling A Property In India Read More »
Divorce, at any time and age, is a consuming process. It is not only emotionally disturbing but it also creates financial turmoil. India, today has many trans-continental couples, mainly NRIs. For NRIs, the issue of joint property in India after divorce can be a complex situation to resolve. There are many questions that arise in …
A woman’s equal rights in inheritance and succession in India are a result of the evolution of law and society. Laws for inheritance have evolved by the way of reformed legislation and by favorable judgments from courtrooms. The society has now adopted a more pragmatic approach towards women. Although, even today women fight for their …
Things To Know About Widow’s Property Rights In India Read More »
The rules and regulations pertaining to NRI properties in India may vary depending upon the situation. While dealing with NRI property selling, a lot of rules are required to be followed. In case you are buying property from an NRI seller, these rules become much more stringent and pertinent from the point of view of …
TDS Rules When Buying A Property From NRI Sellers Read More »
The modern concept of adverse possession has its genesis from the conception of valuable land possessed by a person for his benefits. Early societies looked at the person holding land as someone who is yielding the greatest value from the land and hence, that person and his rights are required to be protected. Needless to …
Saving Title Of Your Property From Illegal Occupants Read More »
As an NRI, you can’t be sued or held responsible for the fraud of the representative; unless it is proved that the fraud was done in conivance with you. If you are living abroad and managing your assets in India has become a headache for you, Power of Attorney (POA) is an ideal …
How Power of Attorney Helps NRIs Manage Their Assets Read More »
Once the terms and conditions of an agreement are finalized and both the parties agree on the terms, there can still be a breach of the agreement. This is possible when either the seller or buyer of the property denies to fulfill his part of the agreement. In the case of NRIs, the chances of …
How To Protect NRI Rights If The Sale Agreement Is Dishonoured Read More »
In recent times, buyers in the Indian real estate market have faced problems of delayed possession. This has discouraged NRI buyers from investing in real estate in India due to the financial losses incurred. But with recent legislation and court judgments, the rights of property buyers have been empowered. Delayed possession is a breach of …
What To Do If Your Property Possession Has Been Delayed Read More »