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New companies in the rental space and home aggregator say an expanding number of the NRI speculation alternatives in India, denoting the move from the general routine with regards to assigning the undertaking with the conventional agents. Click here for the details… https://coldwellbankerblogblog.wordpress.com/2018/02/03/nris-turn-to-startup-expertise-for-their-real-estate-investments/

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real estate property website 2017

Real Estate Property Website 2017

www.coldwellbanker.in

NRIs turn to startup expertise for their real estate investments

a favistab Real estate © February 3, 2018 == 1 Minute

Startups in the rental space and home aggregator say an increasing number of the NRI investment options in India, marking the shift from the general practice of delegating the task with the traditional brokers.

India has estimated 4 million unattended properties have listed in name of nonresident Indians. Startups cited higher rentals, assurance of better management and home insurance of property as the reasons for increasing footfalls. Trust the deficit with a traditional broker is another important factor. Numerous organizations have invested in the housing property management startups. The statistics do show that almost 70% of the homes under the network of home aggregators belong to the non-resident Indians.

rules for nri investment

RULES FOR NRI INVESTMENT

IN

INDIAN REAL ESTATE

MARKET

As the home rental startups usually deliver 20-50% high returns in comparison to the returns they were getting from conventional brokers in the real estate market, the NRI investment in India real estate. Providing the strong customer base as well as higher occupancy ratios, one assures uninterrupted rent payments to the property owners even when the properties were vacant for shorter periods.

Majority of the brokers rent out properties to the families and ignore renting them to various individuals in model comparable to paying the guest model, owing to the handling issues. The start-ups, however, have been renting the properties under the control on individual bed basis, fetching out higher returns on each property. The management startups and home aggregator said they were aware of the key concerns of Non-resident Indians on property maintenance.

investment options for nri in india

INVESTMENT OPTIONS FOR

NRI

IN INDIA

Working with the insurance companies to compensate for losses to the property as well as undertake maintenance tasks whenever required by tying up the local prayers as well as home service startups.

Also, caters to demands of owners who have tenants from a particular background such as married, unmarried or someone employed in MNC.

Adv* rim mo nt

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Favista is driving land site in India which offers the best arrangement on private and business property in India. To get the best arrangement on India Property visit www.Favista.com / Call-18002121000View all posts by favista

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