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Investment Opportunities for Expats in Gurugram’s Luxury Market
Expats buying or investing in Gurugram’s luxury market have strong opportunities along Golf Course Road & Extension, New Gurugram (SPR), and Dwarka Expressway—all benefiting from major connectivity (Dwarka Expressway Delhi section now inaugurated; Gurugram Metro Phase-1 advancing) and a supply mix skewed to luxury/ultra-luxury launches. Legally, NRIs/OCIs can purchase residential property in India; foreign nationals…
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Finding Trustworthy Real Estate Agents for NRIs in DelhiNCR
NRIs can reliably find a trustworthy real estate agent in Delhi-NCR by (1) shortlisting only state-RERA-registered agents and independently verifying their registration on HRERA/UPRERA/Delhi RERA portals, (2) insisting on written mandates, GST tax invoices, and escrow-safe payment practices, (3) testing the agent’s NRI fluency (FEMA, TDS, POA/attestation, bank remittances) with proof, (4) checking case history,…
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Repatriation of Funds from Indian Property Sales for NRIs
NRIs can repatriate money from Indian property sales through an NRO→overseas transfer after taxes. Two routes apply: From 23 Jul 2024, LTCG on property is generally 12.5% without indexation under Section 112; the government later offered relief for eligible resident individuals/HUFs to opt 20% with indexation for certain cases. NRIs typically fall under the 12.5%…