NRIs (non-resident Indians) play a vital role in the development of real estate in India. However they face problems in selling their properties in India. Some useful tips are provided to reduce sale tax liability.
NRI faces Sales Tax Liability in Selling of their Real Estate Property.
Before selling the property an NRI must be aware of some basic rules and regulations which govern the sale of any property in India.
As real estate investment is considered as the most suitable option for investment, NRIs are tempted to invest more on properties especially in hotter areas like Mumbai or Bangalore. Continue reading
How can you make a successful purchase of resale property? Do you purchase resale property as an option of investment? These tips will help you invest/ purchase wisely on resale property.
Useful Tips for Resale Property Purchase
Your decision to purchase resale property must be supported by your purpose of purchase. Your purchasing purpose is of greater priority and importance.
Probably when you consider purchasing a property to settle down, then you have to consider the proximity to office site, close educational institutions needed for your children’s education, and so on. The area’s growth is not as mattered highly as your convenience is. Continue reading