SKB Group: A Leading Real estate Developer of Delhi NCR

Best Investment in real estate for NRIs: The real estate investment in India is ringing. This is the reality of the situation. To encash of this reality the Non-Resident Indians (NRIs) should now think of making investment in India in the real estate sector. INVESTMENT by Non-Resident Indians if made today in the real estate sector, then surely it will bring higher appreciation in the years to come. Before venturing into investment in real estate in India, the Non-Resident Indians in particular should take care of the provisions contained in the Foreign Exchange Management Act as well as the Income-tax Act. A fair knowledge of these two enactments will help the Non-Resident Indians to take a wise decision of investment in real estate keeping in view the provisions of law affecting such real estate investment. As per the said Foreign Exchange Management Act an Indian citizen who resides outside India is permitted to acquire any immovable property in India other then agricultural/p...

NRIs investment  in real estate NRIs have always been opportunistic in terms of investment avenues and returns. The government regularly comes up with new schemes to attract more and more investments from abroad. Real estate is one of the sectors which always grab the attention of non-residents. How can NRIs invest in real estate? According to the regulations of FEMA and RBI, an NRI is permitted to make specific investment in real estate. A NRI is allowed to do the following investments in property: 1.    Any immovable property can be purchased by an NRI in India other than any agricultural land, farm house and plantation property. 2.    He can get any immovable property as mentioned above by gift from Indian resident, Indian citizen residing outside India or person of Indian origin. 3.    Obtain any property by inheritance. 4.    He can transfer immovable property to any resident of India by sale. 5....