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Real Estate: Overview
Consistent growth in India's economy has led to a boom in incomes of the middle class. Rapid urbanization of smaller towns has resulted in a sharp growth of the real estate industry. Traditionally it has been the most preferred investment option. Now, it is the investment option beyond compare.
Come what may, the appeal of this sector has been so strong that it has overtaken all other investment options such as the capital, debt, and bullion markets. It is attracting investors by offering a possibility of stable income yields, good capital appreciation, tax structuring benefits, and higher security in comparison to other investment options.
The potential of India's property market has transformed the skyline of her cities, further driving investments in all real estate segments, from commercial and residential to retail, industrial, hospitality, health care and so on.
Real Estate: Basics
- What is the difference between the lease agreement and the Leave and License agreement?
- What is the difference between Built-Up Area, Super Built-Up Area, and Carpet Area?
- Why is it considered necessary to register a property? What is the purpose of registration?
- Can a Foreign national of Indian origin pay the purchase price of the residential property out of his Non Resident Ordinary (NRO) account?
- Can sale proceeds from the sale of a commercial property owned by a foreign citizen of Indian origin be remitted out of India?