Investment Options in India: If you are an NRI planning to buy a property back home in India, read on. For this will save you a lot of hassles and make the entire process easier. Even though an NRI is allowed to invest in India, there are certain guidelines before investing in real estate/property back home. First, the eligibility. Any person of Indian origin and having an Indian passport can invest in real estate. Further there is no limit on the number of property purchased by NRI in India. NRIs have the option of self-funding the home purchase, or can take a home loan. RBI has set guidelines for availing of home loans by NRIs, which say: • Financial institutions are allowed to finance at most of 80 per cent of the total amount and the rest has to provided by the NRI • EMIs or whole re-payment for the purchase of property can be paid either by way of funds remitted to India through regular banking channels or through the balance in the NRE, NRO, FCNR account. Cheques is...
The beautiful journey of SKB Group started in 2005. One of the best real estate developers in Delhi and NCR; it is the brainchild of two brothers Mr. Vikas Pundir and Mr. Siddharth Pundir. Both well-renowned personalities in the real estate industry; their vast experience and knowledge of the industry caused the inception of SKB group. Their dedication and hard work have made this company what it is today.