Laws Prevailing NRI Real Estate Investment in India You Must Know About

India is considered as among the topmost tempting real estate investment destinations as increasing number of NRIs are investing in locations in India. As per a research by Square Yards, the overall Non-resident Indian investment in top key cities is expected to gain around USD 11.5 million in 2017. Special thanks to the latest real estate laws for making the purchasing of a property for a Non-resident Indian easier than ever before. Anyone carrying Indian passport is allowed to invest in Indian real estate except for the property which is not an agricultural land, a farmhouse or a plantation property. The NRIs are advised to understand the prevailing policies, laws and reforms well, while there is a favorable market scenario for a real estate purchase. There are some key rules to help the non-resident Indian with the process.

One of the key considerations is understanding of the financial landscape when a non-resident Indian is investing in Indian real estate. Are you an NRI and looking for investing in Indian property? Then you are just at the right place. Here you will get some of the worth mentioning tips to consider while stepping towards property purchasing.

Must know laws for NRI real estate investments

· Regulatory act: Do you possess an Indian passport? Then you do not need to seek for prior permission for making a property investment in India. The honourable Reserve Bank of India has enacted some simple but attractive laws to magnetize more foreign investments. There are rules under Foreign Exchange Management (FEMA) to govern real estate transactions.

· Types of various properties to invest in: There is no restricted number of properties for the non-resident Indians to invest in. A person of Indian origin (PIO), as well as an NRI, is allowed to purchase commercial and residential properties both as many as they want. However, this is to be remembered that there lies a restriction on foreign investment when the property is an agricultural land, a farmhouse or a plantation property. An NRI is only permitted to invest in such properties if it is gifted or inherited.

· Financial funding and transactions: Remember, every transaction related to property investments in India is required to be done through Indian banks in Indian currency. The person needs to have an NRI account in a nationalized Indian bank. If the paperwork is clean, an NRI would find no difficulty to avail bank loans for the purchase. Under several financial institutions in India, there are a number of NRI home loan options that are offered. In case you are getting your property funded, then make sure that you own minimum 20% of the property value to invest of your own. Remember you are allowed to take maximum 80% of the property value.

· Power of attorney: You are required to give power of attorney to a trusted associate or to your builder, in case you are purchasing a property under construction. You are advised to take the support from your lawyer to word the document aptly making your investment secure and leaving no chance of forgery, while the property is being developed.

· Tax benefits: Even If you are a non-resident Indian, you’re allowed to relish most of the tax benefits that an Indian citizen enjoys. It is considered as the short-term capital gain and the earnings through the taxable properties only if you sell the property within three years of purchase. But in case you sell the property after three years, you will have the choice of reducing the long-term capital gains by investing in another property.

CREDAI, The Confederation of Real Estate Developers Associations of India organizes exhibitions for non-resident Indians on a regular basis. It helps them to go through various investment options that come with spot loans from top banks. Easy investment options along with reduced down payment value are also offered. Therefore, it would be better if you crosscheck all the given offers from CREDAI before investing in real estate in India.

If you are an NRI and planning for investing in real estate in India then it is wise to go through the rules carefully to avoid unwanted mess before making a purchase.

A Guide for Single Home Buyers

Purchasing a home for the first time is definitely a challenge as tempting offers leave you in a dilemma. Buyers often find it difficult to decide whether to go with the first house that comes within their budget or continue to rent. First time home buyers in India require following safety guidelines before signing on the dotted lines of the agreement. Some of the mentionable tips are given below that are intended to guide the inexperienced home buyers as they are about to finalize one of the most important investments in their life.

Let’s focus on the tips to have a successful purchase.

Considerations before you buy a home

• Financial planning: Before you make the decision to invest in a property it is immensely important to ensure absolute financial planning. Take the initiative by reviewing your recent liabilities such as life insurance, student loans or any other commitments to get a bird’s-eye-view of your actual monthly income. Limit your budget for purchasing a home based on your household budget and the amount of money you can afford to put aside for the monthly EMI of your home loan. Except for the EMI you need to have a healthy savings account that can support you while paying additional incidentals such as registration, stamp duty and other sundry charges.

• Your future goals and needs: If you are deciding to invest in a property then it is essential to not only have a clear idea of your present requirements but you also need to consider your future goals and needs. Some of the buyers seek capital appreciation through a long-term investment, some of the buyers just want a perfect home for the family, there are some buyers who wish to be a part of the new upcoming complex, and some desire to move closer to their workplace. When you are investing a huge amount of your hard-earned money you need to be clear about your future needs and goals, and to ensure that you make an informed choice. 

• Research location: Location is another chief factor to consider before you make an investment. It is always wise to purchase a high-growth area where there is enough potential for capital gains and growth. Keep things in mind for considerations such as proximity to educational institutions, connectivity to business area, shopping malls and hospitals. You are advised to be prepared for your financial targets which may have a detrimental or positive impact on the predicted price of your property. Make sure that the location of your new home suits your budget and personal requirement. 

• The credibility of the builder: This is considered as one of the important factors to check while making investments. Before buying a property, the buyer must look into the credibility of the builder. This essentially stands for checking on the developer’s previous projects, rate of appreciation in value, quality of construction, number of future projects and current demand in the market. The purchaser would be beneficial if the developer is affiliated with a governing body such as CREDAI. 

• Allotment letter: Have you selected your property and paid the first installment? If yes, then your builder may soon give the allotment letter to you. This allotment letter contains details about the property that has been allotted to you. 

• The sale deed: It is to be the most valuable document in a buying process of a real estate. The sale deed is an essential document which is governed by the registration act for both the seller and the buyer. Until the sale deed is signed between the seller and the buyer, the sale or purchase of the property is not legally completed. 

Above are the key factors which has to be considered while purchasing properties. A healthy mix of the above considerations will definitely guide you towards your ideally located home.

Key Criteria To Consider While Investing In Real Estate

Investing in the real estate market is quite intricate as compared to the other investment options. For this reason, it becomes essential for an investor to consider these essential criterions while investing in the real estate sector.

1. Location–The location of a property is pivotal in determining its present worth and future prices. Also, if you are an end user, then you should opt for the location that has proximity to basic amenities, which is peaceful and safe, surrounded by greenery, and offers convenient access to various modes of transportation.

2. Total Valuation of the Property–The valuation of a property comprises major elements that may influence the price of the property. This includes the listing price, investment analysis, taxation, insurance premium, and other market-related factors. So, make sure you invest only in a property that has positive net worth.

3. Purpose – This is another major factor to consider. You should be clear about your end goal from a property: whether you are buying it for investment or for end use. But no matter what the purpose is, it is essential to select a property that can fetch you appreciations in the long run.

4. Have Detailed Knowledge of the Leverage–It is essential to consider the total loan amount you can avail and the available sources of income with which you can pay for it. Loans are convenient, but they have a huge cost associated with them. So, consider all the possible risks and learn all the ways to handle the loan so that you can benefit from it and get the maximum advantages.

5. Check for the Company’s Reputation – Another important criterion to consider is to invest in a company that holds a sound reputation in the market like BramhaCorp Ltd. in Pune. It is important that you invest in a developer or builder that can provide you with the project as per the decided timeline, and is known to offer high construction quality.

6. Property Taxes – There has been a lot of evaluation and alteration regarding the taxes implemented on the property. You may not be aware of all of them. In such situations, it is important that you gain complete and updated knowledge about taxes levied on a property. If you find that the tax is higher than what you are aware of, then ask for the justification.

7. Investment in Existing or New Constructions–New constructions are always offered at attractive prices, but they have risks associated with them, like delay in possession, increased costs, lack of neighboring surroundings, and more. Properties on resale involve lots of check on documents, ownership, and legal matters. So, consider these factors before you take the final decision.

Real estate investments offer high ROI but have some risk associated with them, you need to choose a property at a thriving area and from a trusted brand. Be thoughtful and make a logical, intelligent decision of investing in real estate only after considering the above mentioned key criteria.

BramhaCorp – Thought Leaders in Pune’s Real Estate Market

Are you searching for the best residential or commercial properties in Pune? If yes, then you must opt for the best in town – BramhaCorp Real Estate!

Pune is undoubtedly a beautiful place. With numerous IT companies, pleasant climate, and excellent amenities and facilities, it has become one of the major hotspots for families and industries to set up and settle. For this reason, there has been a massive increase in the number of people looking for properties in this region. But when you are investing in property, then the very first thing that comes to your mind is trustworthiness of the builder and quality of the project. So, if you too, stand among the crowd of home seekers or commercial property investors, then you must go for the most trusted name in the town.

Make Profitable Realty Investments with the Experts
BramhaCorp is a prestigious real estate company that has been in operation since the past 30 years. Presently, the company is in active growth mode with around 200 new projects being constructed in Pune. So, if you are looking for a promising property investment that is on par with the modern standards and can reap you profitable value soon, then definitely opt for this brand.

Now, it would not be a mistake to address BramhaCorp as a benchmark brand, as it is a reputed real estate organization. The professionals here are not just experts but are highly experienced. Furthermore, it already flaunts few of the most reputed projects in Pune, like the Le Meridien, Residency Club, F-Residencies, Pune One, BramhaSuncity, and more. All of these are highly appreciated projects that stand among the top projects in Pune in terms of quality of construction and architectural design. If you are planning to invest your hard earned money in the real estate sector of Pune, then surely you shouldn't miss having a look at the projects under this brand.

Get Best Investment Deals under a Trusted Name
BramhaCorp offers investors with both residential and commercial properties. They have plenty of innovative projects for flats in Pune and even for shops in Pune. Have a glance at all their projects on their website to get detailed information about them. The best part, is that no matter which location you are looking for, BramhaCorp has a project in that particular location, and hence, they will be able to address all your needs.

Pune is blessed with one of the most booming real estate markets. There are a plethora of investment options available for end buyers as well as for investors in both residential and commercial sector. Although there are other reputed real estate companies too, with BramhaCorp, you would be able to explore through plenty of well-thought of options and would be able to make a profitable investment at the best prices. Check for ready to move in and upcoming projects on their website, as you would get the property of your dreams, which you might have been searching for so long!

How to Turn Your House into a Home

Over time, most homeowners tend to feel that their house does not offer them the coziness and warmth that they expected. Although, their house seemed cozy and vibrant a few years ago, it doesn't appear to follow the latest home décor trends and innovation. Flavors and preferences of a family also change with years which bring in the need to introduce a décor that reflects your personality and style through the home. So, here are some interesting ways that you may adopt:

1. Lighting can create a great impact in the house. You may use modern, stylish lamps with varying types of lights to boost the mood of a room. If you don’t want to spend on buying new lampshades, then, a great way is to rearrange the already available shades in distinct rooms as they are fruitful in altering the overall décor of a house.

2. Another simple yet effective way to change the ambiance of your house is repainting the walls. Painting old walls with bright colors and welcoming colors can add great zeal and exquisiteness to a room. This way, you do not even have to discard the old furniture pieces. You can use every old thing in your house and style it differently to give your home a complete makeover.

3. Playing with the ceiling is a unique way to alter the décor of your home and give it a cozy and friendly feeling. You can paint the ceiling with distinct colors to give each room a distinct appearance. An exclusive interior decoration trend that has been recently introduced and preferred by most of the numbers is to add personalized paintings on the walls and that too, on a different wall than before. It would deliver an appealing look. You can even get your name written in the painting to create an artwork that can be cherished for life.

4. Display shelves for books and vintage items are an exclusive way to add liveliness and convenience to your home décor. You can use partitioned shelves or take professional assistance to get newly designed shelves that can add more space to the home and at the same time enhance the interiors. It is also an excellent way to showcase your personal collections to your friends or other guests.

5. For adding an illuminating effect to your house, you may use floor rugs; it serves as a great idea. You need to select a rug that complements your surrounding furniture and objects. Rugs also pull down the air pollutants and hence add a more positive character to the overall interiors of a house.

You can plan for a theme based home décor that can introduce charismatic, bold, or serene appearance to your house. Also, you can layer up your sitting space with colorful cushions that can add more charm to any space, be it the living room, kids room, or bedroom.

Try these simple tips as they are effective in delivering results and can surely transform your house into a beautiful home.

A Complete Guide to Researching Property Online

If you are planning to buy property online, then you would definitely be making a massive investment in the project. For most of the homeowners, it is an investment of their lifetime savings. Booking a house online might be slightly odd to few people, but the present day’s real estate projects depict that booking a house online is now pretty much convenient and hassle-free.

Buying homes over the internet has become an on-going trend that the modern population of India is following. However, there is a vast group of people who still do not have complete knowledge about the correct way to select a reliable seller and make an apartment booking online. Most of the time, individuals are confused about the precise functioning of the online booking facility. They are concerned about the reliability, safety, and authentication of the services and product being offered for sale. But, the good thing is that there are a few good builders and sellers, and a couple of reliable websites that can help you buy a house exactly as per your needs.

If you are planning to invest your money in real estate Pune, then you can avail a convenient solution by booking the property online. With reliable and safe platforms, you can avail a genuine real estate deal and can safely book your residential or commercial property online without the concern of losing your money or engaging in any fraudulent activity.

You can book a property online in Pune in just a few simple clicks. For this, you first need to search for the latest real estate projects being introduced by reliable and certified builders in the city. Once the builder is selected, then you can look for all the residential projects within your preferred location. There is a possibility that you may get numerous options from a single builder or various properties from different builders. So, depending on your preference, you can make a selection and then proceed further.

Once you have done a detailed research about the property and have confirmed everything related to its pricing, location, year of construction, reliability, and other important aspects, you can then make the payment. A reputed real estate website would offer you with the convenient way to make payments through a variety of payment gateways. One way to identify the reliability of the website is to stick to websites that use the Bill Desk payment gateway, which is considered one of the safest options. This payment gateway is safeguarded using the Secure Sockets Layer or SSL encryption.

With this safety feature, it is ensured that your account details, personal information, and other vital exchange are never shared or transferred to any other website. It provides strict security too and makes sure that your information is not being viewed by any unauthorized access.


Over recent years, there has been a range of premium properties in Pune that offer luxurious lifestyle and modern amenities to the homeowners. So, check for such properties and gain complete information about them to buy a home online in just simple clicks.

10 Mistakes To Avoid During Home Inspection

Home inspection is one of the most important steps while purchasing any real estate. It ensures that the home is safe to live in and worth your money. It’s important to inspect your property for any hidden problems or structural defects so that it doesn’t turn into a money pit.

Here’s a list of some of the common home inspection mistakes one should avoid:

1) Choosing the wrong inspector: While hiring a home inspector, keep in mind that you are choosing a professional who will do a full physical check of your investment. Choose someone who is trustworthy and competent. Most buyers generally choose on the basis of who charges the lowest. It’s better to look for options and check the credentials, licensing and affiliations of the inspector.

2) Not getting a property inspected: It’s important to gather complete information on the builder, its property and value of the property. Just because a home has passed all legal formalities doesn’t mean it is problem free. Make sure to get everything (inside and outside) inspected. Do not skip the inspection just because the property looks good or is newly constructed. Builders or contractors may sometimes overlook things. For your assurance, ensure everything has been inspected before you purchase.

3) Not participating or being present during the inspection: It is okay to let the inspector do his job but it is also important to meet him regularly, discuss about your checklist, and visit him at the property to check firsthand if the issues discovered are big or small so as to avoid unnecessary spending later on.

4) Ignoring the inspector’s recommendations: Sometimes, issues found are not taken seriously due to the cost factor. These issues may also get ignored during negotiations. As a buyer, it’s important to consider all issues and take a follow up on items discovered during the inspection before investing. It’s always better to be safe than sorry.

5) Not using home inspection results as a negotiating tool: A good inspector will always guide you on what can be replaced. Try to consider such points while negotiating repairs and price reduction from the seller. Home inspection is not just a step in home-buying process; you may use the inspection results to your advantage and negotiate a better deal.

6) Ignoring the Exterior Problems: Most of the home inspectors only consider inside of a home missing on problems beyond the interiors. This may leave you tackling with exterior problems like fences, rooftops etc. Repairing these elements at a later stage will cost a lot.

7) Not making a checklist: Home inspectors usually don’t inspect pipelines, tanks, sewerage systems. Add such items to your checklist while buying a home. If your inspector is unwilling to inspect these elements, it’s better to look for another inspector.

8) Relying on Real Estate Agents for Referrals: Real estate agents often provide referrals for home inspectors so as to help clients. But relying on real estate agents for recommendations may not be the best bet. These home inspectors usually ignore faults at home to return a favor to the agent. It’s good to do research and select your agents wisely.

9) Not doing enough research: Rushing to a decision may prove to be harmful at times whether it is while buying a home or getting it fixed. Do your research thoroughly to avoid any home inspection mistakes.

10) Signing the contract before the inspection: A home buyer can exercise the right to have a property inspection at any stage during the sales process. There is no need to wait till a contract has been signed. Remember, an offer can be negotiated as per the outcome of an inspection report.

It is important and essential to complete your research, make wise decisions and take adequate measures to find a competent home inspector and avoid unnecessary chaos and expenditures while buying a home.

Demonetization to Benefit Home Buyers

Year 2016 saw bidding adieu to 500 and 1000 rupee currency and a serious churn to Indian economy. Demonetization affected various Indian sectors that deal with the practice of cash transactions including the real estate market.

But each coin has the other side too. Demonetization affected Indian real estate market with many positives too:

1) Affordable homes: Where owning a good house in urban areas remain a dream. With demonetization will surely curb the practice of cash payments in property deals, lowering down the inflation and making homes affordable for the common man.

2) Reduction in Interest rates of home loans: Demonetization saw a large inflow of fresh deposits in banks. The slow economic growth is surely to see lower demand for bank loans in corporate as well as individual sectors. This may result in reduction in home loans over next 6-12. This reduction in home loans will benefit the new home buyers as well the old buyers who have availed the home loan on floating rates.

3) Higher loan eligibility: Higher loan eligibility is expected to increase due to lower interest rates and all cheque transaction. Till now, the cash component involved in property transactions in Indian real estate market is estimated at 25%. These cash transactions are usually higher in lands and high-end properties while it is lower in case of affordable home segments such as apartments and flats. Salaried buyers tend to prefer all cheque transactions while self employed buyers prefer paying more in cash. Home loans are usually not available for funding the cash component of the property. With reduction in cash component and increase in cheque component, the overall loan eligibility will increase benefitting home loan borrowers.

With demonetization, huge amounts of cash will be under the formal banking system. Banks with excess liquidity will sanction more home loans at lower interest rates thus benefitting the customers. All this, surely seems to bring happy news to the house hunters.

Effective Tips for The First-Time Home Buyers

Buying your first home can be both exciting as well as stressful. Keeping in find a few crucial pointers can help ease the stress level and make the overall activity of researching and buying less time consuming.

Following are few effective tips/suggestions to help you get your dream house with less worry and more happiness:

1) Know your ideal price range:
It’s important to draw up a budget and stick to it while looking for a home. If you like a house but its monthly payment is more than you can afford, it’s better to move on. You may take guidance from your bank’s loan officer to arrive at a figure. He/she will be able to tell you the maximum amount the bank can lend and the interest rate. Though not accurate but you will be able to get a rough estimate of the price range that you can afford.

2) List down your non-negotiable features:
Starting from locality to space to amenities, make a list of features that you will not compromise on. Visit homes that are in, below and above your budget limits. Study how price differs with features, amenities provided and locality. Re-evaluate your list to what you are really looking for.

3) Contact a good real-estate agent:
Contact a realtor who knows about the area, the neighborhood and the market. A good realtor will save your house hunting time, will show you the options as per your requirements and in some cases will also guide you with his contacts of loan officers and real-estate attorneys, pre-informing you about all the documentation/approvals required.

4) Be flexible:
Be flexible with your closing date. Sometimes, may be the seller requires more time. It’s okay to be flexible while negotiating else a good option may just slip away from your hands.

5) Study the future prospects of the house:
Try knowing about the rate of appreciation of the house till date and its prospects for future. Figure out the future developmental plans and amenities of the locality.

Keeping in mind these tips and doing a little bit of research may change your nightmare of buying your first home into an exciting reality.