Openminds

It’s challenging to manage a house especially when you are not around. As an NRI, you may have been abroad for many years and you don’t want to sell the home that you’ve invested in India. While finding a buyer back home may seem like a daunting task, the greater challenge is to be on top of your tax-related matters. Tax and regulations relating to the selling of the property in India are different for NRIs as compared to that of an Indian resident. In such situations, the NRI property management service will help you.  Who do you sell to? First of all, NRIs cannot sell their agricultural land, plantations, or farmhouse to another NRI or any other person of Indian origin. However, residential or commercial property can be sold to another NRI or a person who is of Indian origin. How much tax is payable? Your NRI property consultant will tell you that NRIs need to pay taxes on capital gains made from selling house property. If they sell their property within 2 years of purchase th...

  In recent times, there have been so many drastic changes in the real estate market. The latest trends show that the Indian real estate sector today is on the rise.  The best place to invest in the estate business is in India now. After all, investment in the real estate business is about taking higher returns from the properties that they buy. Because property investment is on the rise, just like across India, take, for example, you will find many international property consultants in Mumbai.  Why India is the right investment destination for the NRI's.  Around two decades back, the economic liberalization that was seen all across the globe also benefited India.  India has such great potential for the growth of multiple sectors. It has attracted multiple different global investors from all different sectors, especially for the real estate business. For it, India has become the most favorite investment hub in the current times. The RERA and the GST period. RERA...