{"id":815,"date":"2022-08-22T10:19:39","date_gmt":"2022-08-22T10:19:39","guid":{"rendered":"https:\/\/www.gossipneighbor.com\/?p=815"},"modified":"2022-08-22T10:19:42","modified_gmt":"2022-08-22T10:19:42","slug":"a-complete-property-buying-guide-for-nris-in-india","status":"publish","type":"post","link":"https:\/\/www.gossipneighbor.com\/a-complete-property-buying-guide-for-nris-in-india\/","title":{"rendered":"A complete property buying guide for NRIs in India"},"content":{"rendered":"\n
If you are an NRI who is planning to buy a house in Tiruchirappalli <\/strong>or any other state in India, there are a few things that you must always remember before you invest. While India’s real estate division has seen a price change in the past, purchasing property in India has also become more rewarding with favourable currency rates. NRIs have played a key role in the Indian real estate market.<\/p>\n\n\n\n Due to the numerous rules and regulations included in the process, property purchase may be an intricate affair. Thus, if you plan to purchase flats in Chandigarh <\/strong>or any other state in India, a few things may help you sail through the investment process flawlessly.<\/p>\n\n\n\n The NRIs are provided with certain tax benefits. If you sell the purchased property within three years, it comes under the temporary capital gain where taxes are applicable. After three years, if you sell the property, it will come under the lasting capital gain where the investment in another property is applicable.<\/p>\n\n\n\n As an NRI, you can purchase all kinds of immovable properties in India besides farmhouses, agricultural land, and plantation property. To obtain these properties in India, you will have to get the RBI and the government\u2019s approval.<\/p>\n\n\n\n