The Indian government recently
approved a proposal allowing investments made by NRIs to be deemed as domestic
investment on par with resident investments. Thus NRI investment norms have
been considerably eased.
Home
loan lending rates have been reduced with special rates for women home buyers.
Above all, there is no differential pricing for projects whether sold in India
or abroad.
A number
of developers are undertaking luxury apartment projects and ultra luxury villa
projects for globe-trotting Indians accustomed to enjoying the luxuries of life
abroad.
An NRI
investor can look for a return of 20-25 per cent on his investment while
investing in such projects which takes at least 18-24 months for
implementation. For medium term investors investing in plotted
development projects will get a compound growth rate of 25-30 per cent per
year.
#skbdevelopers
#NRI_investment #best_investment_in_india #hot_property_in_India
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