Real estate is one of the preferred asset class for investors and is popular among NRIs. Do you know as an NRI what type of property you are eligible to buy in India? What are mandatory documents for acquiring property in India or getting home loan in India? Before you know the process of NRI buying a property, you must know what differentiate an Indian and NRI investment in India.Here are 16 FAQ's about NRI investments in India
Acquisition of immovable property in India by persons resident outside India (foreign national) is regulated in terms of section 6 (3) (i) of the Foreign Exchange Management Act (FEMA), 1999 as well as by the regulations contained in the Notification No. FEMA 21/2000-RB dated May 3, 2000, as amended from time to time. Section 2 (v) and Section 2 (w) of FEMA, 1999 defines `person resident in India’ and a `person resident outside India’, respectively. Person resident outside India is categorized as Non- Resident Indian (NRI) or a foreign national of Indian Origin (PIO) or a foreign national of non-Indian origin. The Reserve Bank does not determine the residential status. Under FEMA, residential status is determined by operation of law. The onus is on an individual to prove his / her residential status if questioned by any authority.
MARG Properties gives complete guidelines to NRI, investment and tax planning. We also advice to NRI’s to invest in real estate, buying apartments, ultra luxury homes , to acquire immovable property in India,<a>Flats Chennai</a> and more.
Acquisition of immovable property in India by persons resident outside India (foreign national) is regulated in terms of section 6 (3) (i) of the Foreign Exchange Management Act (FEMA), 1999 as well as by the regulations contained in the Notification No. FEMA 21/2000-RB dated May 3, 2000, as amended from time to time. Section 2 (v) and Section 2 (w) of FEMA, 1999 defines `person resident in India’ and a `person resident outside India’, respectively. Person resident outside India is categorized as Non- Resident Indian (NRI) or a foreign national of Indian Origin (PIO) or a foreign national of non-Indian origin. The Reserve Bank does not determine the residential status. Under FEMA, residential status is determined by operation of law. The onus is on an individual to prove his / her residential status if questioned by any authority.
MARG Properties gives complete guidelines to NRI, investment and tax planning. We also advice to NRI’s to invest in real estate, buying apartments, ultra luxury homes , to acquire immovable property in India,<a>Flats Chennai</a> and more.
Legal landscape for Non Resident Indians (NRI's) in IndiaRaghu Babu Gunturu
This Article has been designed to provide at a glance, the various investment opportunities which are available to a Non-Resident Indians in shares/securities of Indian companies/firms, in immovable properties in India along with a few Frequently asked questions on the subject.
The Indian Prime Minister, Mr. Narendra Modi, during his last visit to the United States, had promised to the Indian community about a life-time visa and exemption from the requirement of registering with police authorities during long-term stays in India for Persons of Indian Origin (PIO) .
Legal landscape for Non Resident Indians (NRI's) in IndiaRaghu Babu Gunturu
This Article has been designed to provide at a glance, the various investment opportunities which are available to a Non-Resident Indians in shares/securities of Indian companies/firms, in immovable properties in India along with a few Frequently asked questions on the subject.
The Indian Prime Minister, Mr. Narendra Modi, during his last visit to the United States, had promised to the Indian community about a life-time visa and exemption from the requirement of registering with police authorities during long-term stays in India for Persons of Indian Origin (PIO) .
NRI investment opportunities in India are too many. Real-estate and financial assets are the prominent options which render investment opportunities to them. NRE, NRO and FCNR accounts are the channels which bridge their investment. Fixed deposit, ultra short term funds, debt and equity funds are few of financial options to expend in.
Tips for nr is investing in indian real estateVertexHomes
Tips for NRIs Investing in Indian Real Estate - Vertex Capital Vista West is an ongoing plotting venture which carries a rich legacy of 4 phases of Capital Vista that sold out within 24 months.
India has been the land of golden opportunity for NRI investment in India. The straightforward paperwork and tax benefits have made property investment opportunities even more attractive. A significant reason why NRIs invest in Indian real estate is their yearning to settle back after retirement. It is like a contingency case.
Recently the Indian government has also made the rules and regulations more investment friendly. It has attracted lots of attention toward Indian property, both residential and commercial. It is also said that the lenient policies might boost the Indian real estate market by $600 billion by the year 2025. The figures are proof of a more alluring real estate market for NRIs to buy property in India.
Although there are multiple options for NRI investment in India, such as gold, stocks, mutual funds, direct equity, government securities, etc., real estate always tops the chart. An understanding of the know-how of the Indian economy and additional factors guide in investing in real estate in India.
Fema 1999 and Non Resident Indians: Provisions and Implicationsnristreet
www.nristreet.com. This slideshow provides defition of NRI. The main objective of the document is to show the Opportunities for NRI under FEMA and Implications of FEMA for NRI. NRI FAQ
Objectives
Introduction
What is Remittance???
Who are Non-residents???
Relevant Notifications and Circulars
Which assets can be remitted?
How are assets remitted?
Legal Compliances (In special cases)
Non-residential Indians (NRIs) have played an important role in the economy of India and they contribute to foreign direct investment (FDI) to our country's economy. We have curated top investment options for NRIs in India.
The deck consists of the below topics:
1) Who is an NRI?
2) Why is it Profitable to Invest in India?
Be Clear About Your Financial Goals
3) Investment Option 1 – Bank Fixed Deposits
4) Investment Option 2 – Mutual Funds or Direct Equity
5) Investment Option 3 – Real Estate
6) Investment Option 4 – Investment in Bonds/ Government Securities
7) Investment Option 5 – National Pension Scheme (NPS)
Hope you liked the content, do share with all your NRI relatives and friends!
This report will help your NRI clients looking to buy residential property in India. It is a hand-holding document that talks about various aspects of NRI investments in India
This document presents the tips and necessary RBI guidelines for Indians who are looking to buy property in foreign countries such as USA, UK, Dubai, Singapore, Malaysia, Australia, etc.
Similar to 16 FAQ's About NRI Investments In India (20)
Everything You Need To Know About How To Choose THe Right Apartment For You -...CommonFloor.com
If you are buying an apartment, you have to make certain important decisions as a buyer. One of these major decisions includes choosing the right size of apartment that caters to you and your family’s requirements. This involves understanding important factors such as the different terminologies used by the builders and analysing your requirements. This article helps you in decoding these factors so that you can make an informed decision on the right apartment size.
Everything You Need To Know About Investing In Yamuna Expressway - A CommonFl...CommonFloor.com
Yamuna Expressway has grown significantly over the last three to four years. With an aim to reduce the travel time between Delhi and Agra, India’s longest motorway, was opened in the year 2012. Covering about 2,40,000 hectares, it include six cities, namely Gautam Buddh Nagar, Bulandshahr, Aligarh, Maha Maya Nagar, Mathura and Agra. While the expressways is up and running, the authority has envisaged an elaborate plan for its further development.To smoothen the work process, Yamuna Expressway Master Plan 2031 has been divided into three phases, out of which only the first phase (40 km stretch from Greater Noida to Jewar) has been approved. As per the Master Plan, out of the total area sanctioned in Phase 1, about 22 per cent is earmarked for green cover, 20 per cent for industrial development, 19 per cent for residential development, 15 per cent for the transport links and remaining 24 per cent for commercial and institutional development.
Everything You Need To Know About Nala Sopara - A CommonFloor ReportCommonFloor.com
Nala Sopara is one of the suburbs in Mumbai which is slowly making an entry onto the Mumbai real estate map as an affordable housing destination. Located in the northern region of Mumbai Metropolitan Region (MMR), the suburb is governed by the Vasai Virar Municipal Corporation. The area is making an entry into the Mumbai real estate scenario owing to its good connectivity, growing infrastructure and its affordable prices. While the area is on the growth path, it also faces several issues. At the same time, it has several opportunities for further growth and a few potential threats that could dampen the real estate sector.
6 Must Keep Feng Shui Elements At Home For Prosperity!CommonFloor.com
Feng Shui is considered to provide luck and wealth in abundance. It is said that if you follow the Feng Shui method of decorating or constructing your home, you will never attract ill luck and any negative energy. Most of the Feng Shui elements are concerned with positivity and vibrant energy. Even colors of Feng Shui are known to represent wealth and money in some form. There are some Feng Shui elements known to possess energy and positivity and will bring luck with them. Here are few elements that you can choose to keep in your home/office.
8 Expectations From Union Budget 2015 16 For The Real Estate SectorCommonFloor.com
Modi Government is all set to present the Union Budget for the financial year 2015-16 on 28 February. While the government is gearing up, the user forum of CommonFloor is witnessing lot of consumer interest regarding the upcoming budget.
‘Do you think budget 2015 will introduce interest cut on home loans?’,
10 Green Living Tips To Adopt In Your Apartment Today For A Greener Tomorrow!CommonFloor.com
These days everything that matters have a green label to achieve. Going green isn’t beneficial only to the environment, but also saves our health and the green guys in our wallets. So what are the basic green things that we should take care of? Well, here’s a small list of what you can do in your day-to-day life. After all, it’s these small changes that an individual does that adds up to the big change in the environment.
10 Consumer Expectations From Real Estate In 2015CommonFloor.com
The year 2014 began with anticipation among the real estate fraternity regarding the general elections in the country. Then came ‘The Day’ when, with a clear majority, BJP tsunami swept the entire nation. Several interesting events preceded soon after which raised people’s expectations from the Modi government. Plagued by the economic malaise, the markets suddenly showed signs of revival with Sensex appreciating past 25K mark and the rupee recovering against the US dollar. Further, the new government in its maiden budget opened a jackpot for realty and infrastructure sector and set the stage for ‘acche din’ ahead. In line with the progressive manifesto of BJP, which largely spoke of Housing for All by 2022, a mammoth budget of Rs 4,000 crore was allocated for affordable housing.As part of ‘Real Insights’ into real estate, CommonFloor.com recently conducted a survey to understand property buyers’ sentiments- Real Estate Outlook: H1 2015.Here are the highlights for you.
15 Significant Trends That Will Shape Real Estate In 2015CommonFloor.com
The year 2014 witnessed several breakthroughs that significantly impacted the realty sector. These included incentives for infrastructure financing by the RBI, lowering of interest rates on home loans, unveiling of ‘Make-in-India’ campaign, framework for REITs and the latest entry to the list – relaxation of FDI norms in construction sector.
Thus, as 2014 draws to an end, CommonFloor presents you 15 major trends that are likely to shape the real estate sector in the 2015. Unlike conventional market trends, residential plots are gaining prominence as one of the most preferred Property types.
10 Christmas Decoration Ornaments Kids Can Easily Make This Year!CommonFloor.com
Christmas is here. Shops and business centers are ready with Christmas ornaments, gift items and other Christmas accessories to help you to make the Christmas a memorable day. When it comes for Christmas decoration, you can try DIY Christmas decor and even involve your kids in creating some innovative décor ornaments for the household. Here is a 10 Christmas ornaments kids can easily make.
10 Must Do Things To Make Your Home Winter Ready!CommonFloor.com
The fall is almost over and the winter breeze would start blowing soon. The chilling temperatures and short days would make you want to curl up in front of a fire and hibernate, but before you do so it is imperative that you protect your home from winter bites. To prevent heavy damage, you should look through these ten simple tasks.
Everything You Need To Know About Investing In Sarjapur road - BangaloreCommonFloor.com
The pride of south-east Bangalore, Sarjapur Road is tagged as one of the fastest developing neighborhoods of the city. It is a major hit among the working population since it offers easy connectivity to major IT clusters such as Whitefield, Marathahalli and Electronic City.
Although east and south Bangalore are heading towards saturation, there is still one area left which has borne witness to significant real estate action-Sarjapur Road.Once a farmland, the locality now is brimmed with IT skyscrapers. As per the proponents of the Bangalore real estate market, Sarjapur Road is the hot spot for future growth in the city. The above map gives a brief idea about the location of the locality and its accessibility.
A Beginners Guide For Buying Life Insurance In IndiaCommonFloor.com
One of the most vital parts of financial planning is Insurance. It is not an easy task to understand the concepts of life insurance as one need to be aware of all the insurance terms and details. There are various terms and concepts related to insurance like sales representative, loan, broker, insurance advisor and many more. Most of us who are not aware of the insurance concepts rely on insurance advisor and others, who are well aware about insurance. Not every one of them trusts and believes the insurance advisors / insurance sales representatives due to certain reasons. In many instances people end up paying a huge amount with wrong insurance policies. It is very important that one has to be aware of all the concepts before buying insurance.
Your home is the largest investment of your life. Apart from buying a house, you have to maintain the house which involves cost on a regular basis.
Besides the initial cost, a home is a series of operating systems that use energy and by taking care of those systems in a proper manner you can save much of the cost. Your cost gets multiplied if the systems aren’t efficient, or if your home is over 10 years old, then perhaps you should think of updating those systems. New generations of Energy Star appliances, heating and air/systems, and environmentally friendly insulation can bring your cost down to a great extent.
Most of the energy savings can be initiated with simple upgradation of appliances. The initial cost of upgrading may be on the high side but you can save a lot once you own an energy efficient home.
10 Point Checklist Before Taking Possession Of Your New ApartmentCommonFloor.com
Today property is one of the secured investments where you will get profit or good deal on your investment in short period. Increasing demand for property, cut down in interest rate and easy registration process has attracted more property buyers to invest on their dream home. Checklist for taking possession helps you to ensure that the property or apartment are build according to plan and there are no cracks or major repair works required after taking possession of your new flat.
Dussehra or Durga Puja is celebrated for nine long days (which is called as Navaratri) and Vijaya Dashami or tenth day is celebrated as the victory of good over evil. Amidst the grand celebration, the giant puja pandals, larger than life goddess statues, decorative products, feasts, etc, it creates piles of garbage. With the festive season round the corner, celebrate Dussehra with joy and prosperity but with an eco-friendly way.Here are few tips to “celebrate puja in an eco-friendly” way
12 Vastu Do’s & Don’ts That You Should Follow For blissful homeCommonFloor.com
Vastu is an ancient concept of science that deals with the flow of energy through different directions, namely, North, South, East, West and their derivatives. It states some guidelines that should be taken into account while designing and building living environments so that they exist in harmony with the physical and metaphysical forces of nature.
As they say, ‘home is where the heart is’, taking care of our homes would ensure a healthy life for us. It is believed that many problems arise due to vastu-related defects, and while some may choose to ignore it, it is not wise to do so.
When constructing or designing your house, there are certain do’s and don’ts to consider. We list a few for reference.
6 Awesome Ideas To Celebrate Onam In Your Apartment CommunityCommonFloor.com
Onam is no longer restricted to malayalis. Onam, predominantly, a Malayali festival, has now become a popular festival in many societies. As Keralites are very much spread in different parts of the country, Onam is no longer restricted to Malayalis. In a housing complex where people from various cultures and different religions share their lives together, many non Keralites and North Indians, join Keralites for Onam celebration.
Onam celebration, a festival of Kerala, involves a lot of merrymaking. As a secular festival, celebration of Onam is an open one, with much of tradition and human values which are found enjoyable for all enthusiasts, regardless their individual caste or religion.
According to mythology, Onam was the day when Raja Mahabali, legendary leader, was supposed to come back for visiting his kingdom after his death. The day is celebrated as the first day of a harvest year blessed with unlimited prosperity, wealth, and opulence all around. The festival of Onam is celebrated for 10 days involving flower carpets in front of houses to welcome the king, traditional dance, sumptuous vegetarian fare, fireworks and a lots of other joyous group activities.
Let’s have some ideas for celebrating Onam, which you can organize within your apartment community at ease.
15 Eco Friendly Ways To Celebrate Ganesh FestivalCommonFloor.com
Ganesh Festival is one of the main festivals celebrated blissfully and joyfully all over India. Lord Ganesha elephant headed god is believed to be God of power and wisdom. In India, people worship Ganesh before initiating any work. Ganesh Festival is birthday of Lord Ganesh and beautifully decorated idols of different sizes are made for sale by specially skilled artisans. Ganesh festival or Ganesh Chaturthi starts with the installation of these Ganesh statues in colorfully decorated temporary structures in every locality.
The festival is also the time for cultural activities like singing and theater performances, orchestra and community activities. On final day of celebration, Ganesh idol is taken through the streets in a procession accompanied with dancing, singing, and fanfare to be immersed in a river. This is the ritual known as Ganesh Visarjan. All join in this final procession shouting “Ganapati Bappa Morya, Pudhachya Varshi Laukar ya” (means O lord Ganesha, come again early next year).
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
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Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
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Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
5. A Non Resident Indian (NRI) is a citizen of India,
who stays overseas for employment/carrying on
business or vocation or stays abroad under
circumstances indicating an intention of staying
abroad for an uncertain duration.
#1
7. A person of Indian Origin (PIO) (not being a
citizen of Pakistan, Bangladesh, Sri Lanka,
Afghanistan, China, Iran, Nepal and Bhutan) is
one, who at any time held an Indian passport or
one, whose father or grandfather was a citizen of
India.
#2
9. Any person of full age and capacity, who is not or
had been a citizen of Pakistan and Bangladesh
shall be eligible for registration as an Overseas
Citizen of India, if;
(i) he/she is a citizen of another country, but was
a citizen of India at the time of, or at any time
after, the commencement of the constitution.
#3
10. (ii) he/she is a citizen of another country, but
was eligible to become a citizen of India at the
time of the commencement of the constitution.
#3
11. (iii)he/she is a citizen of another country, but
belongs to a territory that became a part of India
after the 15th Day of August, 1947.
#3
12. (iv) who is a child of such a citizen.
A person, who is a minor child of a person
mentioned in the above clauses is also an OCI.
#3
14. Any Person of Indian Origin (PIO), an individual
not being a citizen of Pakistan, Bangladesh, Sri
Lanka, Afghanistan, China, Iran, Nepal and
Bhutan, can buy immovable properties in India if
(i) he/she, at any time, held Indian passport or
(ii) whose father or whose grandfather was a
citizen of India.
#4
15. What are the documents
required to buy a
property in India?
#5
16. The documents required are
(a) Pan card (Permanent account number)
(b) OCI/PIO card (In case of OCI/PIO)
(c) Passport (In case of NRI)
(d) Passport size photographs
(e) Address proof
#5
18. What are the kind of
properties an NRI/PIO
cannot buy?
#6
19. An NRI/PIO cannot usually buy agricultural
land/plantation property/farm houses in India.
Proposals to buy such land have to be specifically
approved by RBI, in consultation with the
Government of India.
The only way they can acquire an agricultural
land is by inheritance.
#6
20. Are there any limits to
the number of properties
to be bought by NRIs?
#7
21. An NRI/PIO can buy two residential properties
in India.
If the funds are from a rupee account then the
limitation is that the person has to hold the
money in the account or in India for 10 years.
#7
22. How can an NRI make
the transaction while
buying a property?
#8
23. While making the payment for purchasing a
property, funds can be remitted to India from
abroad through regular banking channels or
through the balance in the NRE, NRO or FCNR
account.
#8
25. Non-Resident External (NRE) account is a bank
account that is opened by depositing foreign
currency at the time of opening a bank account.
#9
26. Insure your property and ensure you get best from insuring
your property against fire, theft, and damage made by
tenant or from other natural calamities.
Have you insured your
property?
#9
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28. Non-Resident Ordinary (NRO) account is the
normal bank account opened by an Indian who is
to go abroad with the intention of becoming an
NRI.
#10
29. Can an NRI sell
residential or commercial
property in India?
#11
30. An NRI can sell residential or commercial
property in India to any resident Indian, an NRI
or Person of Indian origin (PIO).
However, agricultural, plantation land or a farm
house can be sold only to a person who is
resident in and citizen of India.
#11
31. How is income tax
applicable in the case of
properties owned in India?
#12
32. If you are an NRI and have only one global
property which is in India, then you are not liable
to pay any income tax.
However, if you own a property abroad and a
property in India, then whether or not you rent
out the property in India, you would have to pay
income tax on deemed rental income on the
property.
#12
33.
34. How is capital gains tax
applicable in the case of
an NRI?
#13
35. The profit on sale of a property is part of capital
gains. Hence, Capital Gains Tax (CGT) – both
short term and long term is payable on the part
of an NRI as and when he/she sells off the house
or part of it.
#13
36. How does Double Taxation
Avoidance Agreement work
in case of NRIs?
#14
37. In case of sale of an immovable property, the
Double Tax Avoidance Agreement (DTAA) with
most countries state that capital gains will be
taxed in the country where the immovable
property is situated.
#14
39. Rental income from property is repatriable as per
the norms of RBI. Rental income is subject to
income tax deduction and certification from a
chartered accountant.
#15
40. Can an NRI remit current
income (rent) from India?
#16
41. NRI/PIO can remit rental income from India to
NRE account when certain documents are in
place.
The documents include a request letter, Form A2,
FEMA declaration, original copies of 15 CA and
CB duly signed by the remitter and CA, rent
agreement and proof of rent amount remitted to
NRE account, proof of tax payment, etc.
#16
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