Thursday, 5 January 2017

Policy changes to attract NRIs to Indian realty, in 2017



The Indian property market has always been quite attractive for non-resident Indians (NRIs). The only concern, has been with the opaque nature of the business, with its lack of information and scientific process of due diligence. However, with some of the key policy changes in 2016, like the Real Estate Regulation Act (RERA), demonetisation, the goods and services tax (GST and the Benami Transaction Act, the moot question now, is whether NRIs can be more confident in making an investment decision.

Read the full article in moneycontrol

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