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Vikas Joshi
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NRI

NRI Home Loan in India, Eligibility, Do’s & Don’t

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Nrihomeloaninindia

NRI Home Loan in India Many non-resident Indians (NRIs) dream of investing in a home. To fulfill this dream, many financial institutions in India offer NRI home loans. These home loans come with specific eligibility criteria, interest rates, and essential do’s and don’t that NRIs should be aware of. In this comprehensive blog, we will explore the details of an NRI home loan to help you confidently navigate this important financial decision. Eligibility Criteria for NRI Home Loan in India To be eligible for an NRI home loan, you must meet specific criteria: NRI Status: You must be a Non-Resident Indian, as defined under the Foreign Exchange Management Act (FEMA). Age: Lenders typically require applicants to be at least 21 years old. Income: Lenders will assess your financial stability and repayment capacity. A regular source of income, either in India or abroad, is essential. Work Experience: Some lenders may require…

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NRI

Why NRI Invest in Indian Real Estate Market

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Nriinvestmentinrealestate

Reasons Why NRI Invest in Indian Real Estate Market The Indian real estate market has always been an attractive destination for investment, and in recent years, Non-Residential Indians (NRIs) have played a pivotal role in driving its growth. With their strong emotional and financial ties to India, NRIs have recognized the immense potential in the country’s real estate sector. In this blog, we will discuss why NRI invest in Indian Real Estate and the importance of NRI investment in the Indian real estate market. We will explore the reasons behind this trend and its impact on the real estate sector’s development. Understanding NRI Investment in Indian Real Estate NRI investment in Indian real estate refers to individuals of Indian origin living abroad who acquire residential and commercial properties. This investment can take various forms, including purchasing residential properties for personal use, buying commercial properties for rental income, or investing in…

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Real Estate Investment

Buying Property in Siddharth Vihar – A Good Investment Decision

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Siddharthviharresidentialprojects

Buying Property in Siddharth Vihar Residential property prices in Delhi are beyond the budget of many home buyers, which is why many buyers look beyond Delhi. Another main reason is that there are few options for residential projects with large open spaces and recreation facilities like clubs, gyms, and swimming pools within Delhi. Siddharth Vihar Siddharth Vihar is a developing residential locality that is ideally located on NH – 24, along the Hindon River and is a few minutes’ drive from Delhi, Noida, and Ghaziabad. Lower property prices than Indirapuram and Vaishali and location advantage on National Highway 24 and Delhi-Meerut Expressway are among the factors making Siddharth Vihar a desirable option for homebuyers who work in Delhi, Noida, or Ghaziabad. The upcoming Rapid Rail Transport System (RRTS) will add tremendous value to this location’s property prices. Most of the projects in this area are multi-story projects. They offer different…

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Real Estate Investment

Reasons Why Real Estate Investment is a Good Idea

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Realestateinvestmentblog

Real Estate Investment Investment in real estate is always a good option for a financially secure future. Investment in residential or commercial property is always considered a good option because of its long-term value. But before making any real estate investment, there are a few things that you have to consider Real Estate is a Tangible Investment Investing in real estate is a tangible asset that you can see, touch, and feel. You can also see the value of your investment grow over a while. The best part about investing in real estate is that you can sell this asset anytime if you want to move in your life or need money. While some investments require more work than others, there’s no denying that owning a residential or commercial property makes more sense as compared to other investment options like stocks and bonds. Most of the Time Value of the…

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Real Estate Investment

Best Tips for Investing in Commercial Property

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Investmentincommercialproperty

Investing in Commercial Property With the growing financial literacy in India, new investment opportunities pop up every day for investors. From stocks to bonds and cryptocurrency, there are comprehensive investment options out there. Real Estate investment is one such option that holds the potential of earning high returns, growth, and passive income. Commercial or residential property can serve as a great investment option. However, investing in commercial property is often more profitable than residential property. Types of Commercial Property Office Space Retail Space High Street Shops Industrial Space Hospitality Investing in Commercial Property Real Estate investment is always tricky, especially when choosing between residential and commercial property. Making this decision will take more work for someone new to real estate. Many think investing in commercial properties is only for big business people and investors. This may be true, but it is not always true. Individuals with a modest budget can…

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Real Estate Investment

What is Pre-Leased Commercial Property

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Whatispreleasedcommercialproperty

Pre-Leased Commercial Property When considering investment in real estate, finding a secure and profitable investment opportunity is crucial. Moreover, when considering investing in commercial property for rental income, finding a dependable tenant is always a big challenge, and sometimes you need help finding a suitable tenant who can pay as you expected. That’s why pre-leased or pre-rented properties are booming quickly and attracting many real estate investors. What is Pre Leased or Pre Rented Properties Pre-rented or pre-leased commercial properties already have tenants and have fixed rental income. The main benefits of these properties are regular income, zero waiting periods, and higher capital appreciation. Pre-leased properties are the ones that are already leased out at the time of sale and are already getting rent from the tenant. The investor continues with the lease to earn steady returns. Advantages of Pre-Leased Commercial Property Zero Waiting Period for Investor When an investor…

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Real Estate Investment

Why Investing in Office Space is a Good Choice

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Investinofficespace

Why Investing in Office Space is a Good Option Investing in office space offers various benefits. It provides a reliable and steady source of income through rental income, and it tends to appreciate over time. Investing in office space also diversifies your real estate portfolio, reducing the risk of investing solely in residential properties. In offices, the rental income is 7% to 10% of the property’s value in a year, several times more than what you earn from a residential property. In the last few years, demand for office space has kept increasing because of business growth due to the strong Indian economy. Here are some of the points you should keep in your mind while investing in Office Space Property Investment in Best locations Always remember one thing while investing: Real Estate is all about Location, Location, and Location. Especially in uncertainty, the market always rewards those who only…

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