Buying a residential or commercial property for NRIs in India is easier now, thanks to relaxed than before policies. After the RERA has been implemented, the overall sentiment in the Indian real estate industry has been positive and a great deal of transparency has been established. In addition, the present economic condition also favorable for the NRIs to invest in properties in India. Now, anyone with an Indian passport can invest in Indian real estate, provided the property is not an agricultural land, plantation property or a farmhouse.
However, an NRI should be considering certain parameters carefully, before putting their money in real estate in India. Understanding the financial landscape of the industry and the nation as a whole is extremely important. Besides, an NRI should carefully scrutinize the portfolio of the project/s and credentials of the developer/s before taking a decision. Reviewing the payment terms, legalities are equally important, too.
At Risland, we welcome you wholeheartedly to discuss your investment plans and help you arrive at the right investment decision. ‘The Icon’ is an ideal choice for NRIs to invest for several reasons including Strategic location, excellent amenities and quality construction.