1 / 7

A Few Important Decrees for NRIs to Follow in Indian Real Estate

HDFC Ltd is Indias No. 1 housing finance company and a pioneer in the field of home loans. Avail home loans starting 9.4% and get instant approval online<br>

ShreekantRao
Télécharger la présentation

A Few Important Decrees for NRIs to Follow in Indian Real Estate

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Housing finance companies

  2. A Few Important Decrees for NRIs to Follow in Indian Real Estate

  3. In the recent past, it has been evident that Non Resident Indians (NRI) is showing a lot of interest in buying properties in India. • The falling value of rupee in the world market is one of the main reasons for NRIs to invest in the Indian real estate market. • Not only that, a chunk of them wish to have a home back here in India due to the emotional connect they have with the country they belong.

  4. An NRI may be asked to furnish a Power of Attorney (PoA) by the developer favouring them, in case of buying an under construction property. • This makes the documentation work swift and easier for housing finance companies. • It can be given to implement any contract, mortgage, lease or even sale. So, before issuing the PoA, it is always important to consult with a professional lawyer.

  5. The other condition for repatriation is that it cannot exceed the foreign exchange amount paid via banking channels, while purchasing the property. • It has also to be kept in mind that an NRI cannot repatriate for more than two properties. • [Source: http://ezinearticles.com/?A-Few-Important-Decrees-for-NRIs-to-Follow-in-Indian-Real-Estate&id=9198452]

  6. Follow us on : https://www.facebook.com/HDFCHomeLoanExperts https://twitter.com/HomeLoansByHDFC https://www.youtube.com/user/hdfcltd https://www.linkedin.com/company/hdfc?trk=top_nav_home

  7. Click to know more on Housing finance companies : https://www.hdfc.com/ Thank You…

More Related