home blogs impact of rera on nri investment n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Impact Of RERA On NRI Investment In Indian Real Estate Market PowerPoint Presentation
Download Presentation
Impact Of RERA On NRI Investment In Indian Real Estate Market

Loading in 2 Seconds...

play fullscreen
1 / 4

Impact Of RERA On NRI Investment In Indian Real Estate Market - PowerPoint PPT Presentation


  • 6 Views
  • Uploaded on

To address whether the present spate of changes would really positively affect non-inhabitant Indian\'s fundamental to comprehend what the ordinary corners of the non-occupant Indian putting resources into India. Click here for the details… https://goo.gl/CYoQCs

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Impact Of RERA On NRI Investment In Indian Real Estate Market' - cbiindia


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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
home blogs impact of rera on nri investment

Home>Blogs> Impact of RERA on NRI investment in Indian real estate market

Impact Of RERA On NRI Investment In Indian Real Estate Market

Jan

2018

IMPACT OF RERA ON NRI INVESTMENT IN INDIAN REAL ESTATE

InGreen Homes

The Indian real estate market has been pretty attractive for the non-resident Indians who are keen to have the roots in the home country. Reasons for non-resident Indian investments could vary right from upgrading the family home to offer a better lifestyle to parents to have signature property to come back to.

To address whether the present spate of reforms would actually have a positive impact on non-resident Indian's essential to understand what the typical corners of the non-resident Indian investing in India.

Till now, the common concerns of non-resident Indians investing in India have been somewhat opaque nature of the business, no concept of standardized due diligence, lack of information, completion of projects and untimely delivery of projects with no legal or tedious recourse for home buyers. Especially for non-resident Indians the cumbersome nature of the follow-ups with the builders where the projects were not finished was huge demotivation to invest in their home in India.

Now, the question is whether non-resident Indians can be confident much more in making the investment decision with the policy changes like Goods and Services Act and Real Estate Regulation and Development Act to Indian real estate in 2017.

The government has hugely addressed most of above concerns by key policy changes that are introduced in 2016, namely Real Estate Regulation Act, Benami Transaction Act and Goods and Services Tax.

Real estate regulation and development Act 2016 will make sure that the regulations in this hugely unregulated market. The buyers will be protected as well as greater transparency in the sector will be visible. RERA will someone put accountability on the builders in the terms of timely development, financial disclosure of projects as well as maintaining good corporate governance of practices.

The Goods and Services Tax us single-biggest tax reforms to be introduced in India. It aims at eliminating the differences in the indirect taxes that are applicable across several states. The realty sector stands to advantage from the fact that Goods and Services Act would give clarity on the tax-credits for the re-transactions as well as the allowance of the input credit that would reduce the property rates.

Benami Transactions Prohibition Act provides an effective regime for the prohibition of the Benami transactions. The amended law basically empowers the specified authorities to attach the Benami properties which can be confiscated. Also, if the person is found guilty of the offence of the Benami transaction by competent court, shall be punishable with the rigorous imprisonment for the term which is not less than a year but which may extend to 7 years and shall be liable to fine which may extend to 25% of fair market value of property.

The introduction of Real Estate Investment Trust will have a huge positive impact on the Real Estate Sector. Real Estate Investment Trusts open up the platform that allows investors those with the lesser budgets to make safe investments into the Indian realty market. The best thing about Real Estate Investment T rust is that the investors can begin with a small sum of Rs 2 lakh to secure the units in exchange.

n # g+©

prev article

« PREV ARTICLE

Comments

There is 0comment on "Impact of RERA on NRI investment in Indian real estate market

Submit A Comment

your comment...

yourname...

your email...

SENDCOMMENT

Related Posts

Mfia&tajets

Mlas&csater

ftdktment

Onojects

Doinge

Business

Inaditio

2018

< >

Top Rated

Recent

Cities To Become Smart With GIS TechnologyThere has been Lot of buzz around the...

On June 22,2016

E8 Reasons You Should Consider Buying Than RentingIn the current monetary atmosphere, there is no...

On June 10,2016

RERA Regulation Bill Brings Cheer In Rajyasabha Assembly

The RERA (Real Estate Regulation Authority)has certainly brought...

On June 22,2016

Competition For Real Estate Agents In India By The World's Biggest Brokerage FirmIf you are fed up of continuous calls...

On May 3,2015

coldweu banker principled realty when we visited

CoLdweU Banker Principled RealtyWhen we visited Knox Realty office for the...

On March 3,2015

Categories

14

&Green Homes&News

19

1

&Property T rends&Realty Affairs

2

Recent Posts

Can NRIs Acquire Immovable Property In India?

Real Estate in India has always been one of the investment chances...

On

Make Use Of Pebbles To Your Home Decor

Natural elements do have a charm of their own. They do make...

On

Perspective Of NRI Investors On Indian Real Estate Market

The Indian realty sector reminds a lot of interest from the non-resident...

On

Advantages Of Rainwater Harvesting In Homes

Rainwater is one of the best of Mother Nature. Thus, rather than...

On

Investment Options In India For NRIs

Being a non-resident Indian and moving abroad for employment is the most...

On

Risks To Look At While Buying An Auctioned Home

Reclaimed properties sold by the banks can appear to be stealing for...

On

2017- A Year Of Challenges For Real Estate Sector

2017 has been an action-packed year for real estate sector. It started...

On

Benefits To NRIs For Investing In Indian Realty Market

Are you confused on how investing in Indian realty market can actually...

On

Tax And Home Loan Benefit If You Own Multiple Homes

Generally, people are under the impression that they can buy any number...

On

quick c ontacts

Quick Contacts

oe

Phone No. : +91 22 6736 4000 Email:info@coLdweUbanker.in

© Copyright 2017, Coldwell Banker India. All rights reserved.