Why Invest?

Namma Bengaluru are one of the fastest growing cities in India. Real estate prices have sky rocketed to such a high where common people are finding it very difficult to cope up. Our housing society is aiming at providing housing sites at really affordable prices.

The importance of investment is varied and many, but the question is where to invest. Especially if you are a NRI or a retiree or just an investor who just needs investment advice, investments in real estates are the best option.

The best reason for a real estate investment would be the value appreciation. As against a stock or bond investment which loses or depreciates its value when inflation strikes, real estate investment would appreciate with inflation as land value increases each passing day. Real estate is the sole area where a lull economy will still give you steady income. Investment in the real estate also acts as a secure source of income for your retirement days.

In a nutshell, Real estate investment is the best option if one is looking at long term gains, and high ROIs



General FAQs

The valuation process evaluates the market value of the property. Demand and supply forces operating in the market, as well as other factors like type of property, quality of construction, its location, the local infrastructure available, maintenance, are all taken into consideration before the market value is decided.
Typically, if a real estate agent is asked to judge the value of a piece of property, he would do so based on information of recent sales or purchases of similar properties in that area. Though this may give a fair idea of the property’s market value, an official property valuation would carry more weight. E.g. if you need to use this piece of property as a security against a loan, the bank’s loan approval process would be faster and smoother if the property is certified by an official valuer. Many banks now insist on valuation certificates before issuing loans using properties as security. The value thus certified may also have chances of getting a higher amount of loan sanctioned. Another benefit of official valuation is that it is a useful negotiating tool when selling the property. Such certification also becomes essential in situations where the correct value of the property has a legal bearing—such as, a will statement, insurance papers, business balance sheets etc.
The price that a property can command in the open market is known as its market value. Stamp duty is based on the market value or the agreement value of the property, whichever is greater.
When a piece of property is given or ‘leased’ to an individual (known as the ‘Lessee’) for a stipulated period of time, by the owner of the property (known as the ‘Lessor’), the property is referred to as Leasehold Property. A certain amount is fixed by the Lessor to be paid as lease premium and annual lease. The land ownership rights remain with the Lessor. Transfer of property requires prior permission.
When ownership rights for a piece of property are given to the purchaser for a price, that property is referred to as Freehold Property. Unlike in the case of leasehold property, no annual lease charges need to be paid and the freehold property can be registered and / or transferred in part(s).
There are several benefits: if you convert the property to a freehold property, you become a full-fledged owner by getting the sale deed and having it registered. A freehold property has better marketability and can be sold, mortgaged or kept for standing security, which cannot be done with leasehold property.
If the transfer takes place within three years of purchase, the income tax exemption under Section 54F of the Income Tax Act does not hold good.
An agreement of sale, coupled with actual possession of the property would be considered as a conclusion of the sale. Usually, the entire amount is paid at the time of handing over possession.


As defined by the Foreign Exchange Management Act of 1999 (FEMA) an NRI is a person residing outside India who stays outside India for the purpose of employment or carrying on business or vocation outside India or any other circumstances, which indicate his intention to stay outside India for an uncertain period. As per regulation of FEMA an NRI is a non-Indian resident whose is either a citizen of India or a person of Indian Origin. Students studying abroad also can be treated as NRIs under FEMA and are accordingly eligible for foreign investment and NRE/FCNR account.
According the Foreign Exchange Management Act of 1999 (FEMA) a PIO is a person who is either a citizen of any country other than Pakistan and Bangladesh who has:

• held an Indian Passport at any time or
• himself or either his parents or any of his grandparents were citizens of India or
• is a spouse of an Indian citizen or
• is a spouse of a person who held an Indian Passport at any time or
• is a spouse of a person who either was a citizen of India or his parents or grandparents were a citizen of India
The definition of a PIO when it comes to acquisition and transfer of immovable property in India is a person of Indian origin other than a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal and Bhutan. For this purpose a PIOs father or grandfather’s birthplace of Indian citizenship at any time is to be considered unlike other definitions that refer to parents or grandparents.
Acquisition by purchase:

Yes, under general permission granted by the RBI an NRI/PIO can purchase a residential property in India
Acquisition by gift:

Yes, under general permission granted by the RBI an NRI/PIO can acquire a residential property by way of gift from a person in India or an NRI or a PIO.

Acquisition by inheritance:

Yes, an NRI/PIO/foreign national of Indian origin can acquire residential property by way of inheritance from a person who is a resident of India as per the Provisions of Section 6(5) of the Foreign Exchange Management Act, 1999. An NRI/PIO/ foreign national of Indian origin can also acquire residential property by way of inheritance from a person who is a resident outside of India, with specific approval of Reserve Bank, provided the bequeathor had acquired such property in accordance with the provisions of foreign exchange law in force at the time of acquisition or under FEMA regulations.
An NRI/PIO who has bought an immovable residential property under general permission is not required to file any documents with the Reserve Bank of India.
Yes. Under general permission an NRI can sell his or her residential property in India to an Indian resident/NRI/PIO
Yes. Under general permission an NRI can sell his or her residential property in India to an Indian resident only.
Yes. An NRI/PIO can transfer their residential property in India by way of a gift to an Indian resident/NRI/PIO

NOTE: Majority of the information given above has been taken from the Reserve Bank of India website (www.rbi.org.in). For more information on acquisition and sale of residential property in India, please contact our home advisors.

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