Non Residential investments are a huge part of India’s real estate economy, especially in Bangalore. As we all know Bangalore is the IT hub of India and has seen rapid growth in the last few years that’s why even people living abroad are showing interest in investing in real estate properties in Bangalore. Some rules of NRI investment in India real estate are very important to follow otherwise you might find it difficult to proceed. Now let’s look at some important things that will make the procedure easier.
Follow These Steps for a Hassle-Free Investment
I – A passport, an Address proof, a pan card number, and a recent photograph are some of the important documents you will need to invest in a real estate property in India.
II – NRIs can invest in any property other than agricultural land, plantation property and farmhouse. Although if you are from the neighbouring countries then you can transfer immovable properties in India.
III – Make your payment with funds in India or you can also apply for home loans in India as the National Housing Bank Provides loans for NRIs to invest in properties.
IV – NRI investment in India real estate can be a tricky job, even when you decide to take assistance from a middleman. To avoid any fraud skip hiring a middleman and contact a trusted builder.
Follow these steps and you will experience a hassle-free and easy investment process.