When you are buying a property, you are also entering into a huge commitment with the place where it is located. The location of your purchase will have nonpareil effect on the future value of the real estate investment and affect your everyday life. Therefore, it is highly recommended to follow a cautious approach and […]
Real estate investment
All you wanted to know about the Guidelines for Purchase and sale of property by NRIs and repatriation of sale proceeds
It is not that complicated for Non-Resident Indians (NRI) to buy or sell immovable property in India and remittance of sale proceeds, but there are certain rules and regulations to be followed during such transactions. The Reserve Bank of India governs them and they fall under the purview of the Foreign Exchange Management Act (FEMA). […]
