Looking to Invest in Real Estate?
Explore the allure of real estate investment, a favoured choice among global investors. Renowned for its potential for substantial returns and various practical advantages, there are many compelling reasons to consider venturing into this lucrative realm.
Real estate investment ensures stability and resilience against market fluctuations. Universally accessible, it holds the promise of stable returns and a reliable stream of rental income, laying the groundwork for a prosperous voyage towards wealth accumulation.
Discover the endless possibilities with us!
Reliance Builders - The Premier Choice For Hyderabad's Real Estate
The cumulative expertise of Reliance Builders’ founders, cultivated over three decades, adds significant value, making it the right real estate investment partner for NRIs. Across multiple areas in Hyderabad, we are launching several innovative projects, underlining our commitment to craft exceptional homes and communities.
Is Hyderabad Ideal For Real Estate Investment?
With robust infrastructure, a thriving social and cultural milieu, and a burgeoning IT sector, Hyderabad stands out as an enticing destination to establish your new home. The city’s growing economy, coupled with ambitious mega projects, is poised to sway your investment inclinations positively. Hyderabad’s cosmopolitan lifestyle, steeped in heritage and upheld by stringent safety standards, presents an irresistible investment opportunity.
Why Should NRIs Invest In India?
With remarkable advancement across sectors, India stands out as an attractive destination for real estate investment. The real estate sector, particularly flourishes in Hyderabad, showcasing one of the nation’s most vibrant landscapes. Often referred to as the ‘City of Pearls,’ Hyderabad is an ideal investment hub, offering NRIs exceptional opportunities for lucrative returns.
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Smart Features
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Location Proximity
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Sustainable Amenities
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RERA Approved
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TREDA
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CREDAI
Frequently Asked Questions
Resolve real estate inquiries, covering topics from buying and selling to property investment strategies.
Below is a non-exhaustive list of documents necessary for Non-Resident Indians (NRIs) seeking to purchase property in India:
- PAN card (Permanent Account Number)
- OCI / PIO card (For Overseas Citizens of India / Persons of Indian Origin)
- Passport (For NRIs)
- Passport-size photographs
- Proof of address
These documents are essential to facilitate the seamless acquisition of property, ensuring compliance and legality in the process.
India stands as an alluring destination for real estate investment, thanks to its remarkable growth across various industries. Recent surveys hint at India being one of the largest economies of the world, making it ideal for NRIs to consider this nation as an astute investment choice.
There are no limitations on the number of residential or commercial properties that Non-Resident Indians (NRIs) can possess in India. However, legislation dictates that NRIs are forbidden from acquiring farmhouses, plantation properties, or agricultural land within the country.
With the Reserve Bank’s general approval, NRIs have the opportunity to acquire properties excluding agricultural land, farmhouses, and plantation properties. This can be done using funds from inward remittances via standard banking channels or from the purchaser’s NRE/FCNR accounts with Indian banks. A formal declaration in Form IPI 7 must be submitted to the Reserve Bank’s Central Office within 90 days of the transaction.
For Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs), purchasing property alone does not incur income tax liabilities. However, any income derived from property ownership, including rental earnings or the annual assessment of unoccupied properties (provided it isn’t the sole residential asset owned in India), as well as any gains from property sales, whether short- or long-term, are subject to taxation in the respective proprietor’s jurisdiction.
Implemented in the year 2000, a clause within the Foreign Exchange Management Act (FEMA) bars Non-resident Indians (NRIs) from participating in investments related to farmland, farmhouses, or plantation /assets within India.