Laws governing property ownership by non-residents in India are not only different from the laws governing residents, they are also quite complicated. Even though there is a wide range of assets that NRIs can own … READ FULL STORY
The festive season in 2021 has provided a boost to the realty sector, with reports of a significant surge in demand during the period. One of reasons, has been the reduction in interest rates … READ FULL STORY
A non-resident Indian (NRI), who is interested in buying a property in India, can do so. However, his property investment must be made in line with the provisions of the Foreign Exchange Management Act … READ FULL STORY
Since the Coronavirus pandemic wreaked havoc on the world economy, exacerbating economic and social disparities, intellectuals and experts are using myriad terms to describe the economic outlook. One term that is widely being used … READ FULL STORY
The real estate sector is the second-biggest employment generator in India. Going by that data, one can understand the large scale of activities that have been taking place in the sector, across the country … READ FULL STORY
With an aim to offer borrowers with a higher level of transparency and cost effectiveness, the banking system has from time to time introduced various rate-setting methodologies, based on which loan interest rates are … READ FULL STORY
The real estate industry has been forced to face numerous uncertainties, following the COVID-19 pandemic in 2020. However, positive signs are visible for the sector in 2021, as it looks to overcome the turmoil … READ FULL STORY
With the repo rate now at 4%, home loan interest rates are below the 7% level. However, you may not be eligible for this low interest rate. So, it is crucial for home loan … READ FULL STORY
Through consistent reductions, most Indian banks have brought home loan interest rates to the sub-7% level. The move, which is primarily aimed at boosting consumption in the country’s second-largest employment-generating sector, at a time … READ FULL STORY
To boost demand in the real estate and construction sector, which employs the largest number of people in India after agriculture, the Reserve Bank of India (RBI) has reduced its lending rate to 4% … READ FULL STORY
Will property prices fall in India, because of the ongoing Coronavirus crisis and its negative impact on the economy in general and the realty sector in particular? Those who participate in the debate over … READ FULL STORY
New home buyers are often in a dilemma, over whether they should apply for a loan from a housing finance company (HFC) or a bank. The recent liquidity crisis being faced by non-banking finance … READ FULL STORY
In what might result in fresh flow of liquidity to India’s cash-starved real estate sector, the Reserve Bank of India (RBI), on October 22, 2020, made changes in the regulatory framework for housing finance … READ FULL STORY
