Skip to main content

NRI Investing in Property in India How to Get Returns from First Day after investing in property

How to get returns from investing in property from day one, just after the long ordeal of searching for right property to registering the property its time now to enjoy returns. Does this happen with all investments, no. Many investment decisions take off  great but for getting returns,  sometimes years go by without a sight of any profit. How can an NRI start getting good returns from the property bought for investment purposes sooner and also how you can benefit from regular monthly returns , lets discuss a few simple guidelines which when followed from beginning will assure you good returns from day one.
Good returns from Investment
1) Be a Informed buyers. NRIs can first research on the net, contact good financial advisers, property consultants and narrow down searches for property to buy for investment. Choosing the right place depends not upon how much money you invest but on how correct the selected place is. The rate at which the prices of property are going up in one area as compared to other is all that will lead to good returns from property investment. Here there are some properties that move at a snails pace and even after five years the rates don't go up much whereas there are some that have shown drastic rise in the past few years.
Here again one must not go against the mind over matter only. There are also some places that "have the potential for growth" here comes the intuition of the buyers and property consultants.
2) If you want returns sooner from property buy those that are completed projects and running successfully over years. Buying ready possession flats that already have existing owners or renters living is much better than buying a new flat, registering and then finding a renter. Advantages are you know the flats are livable, with all facilities working. You also know the society has this flat registered and all dues cleared, and also you get to fit into the shoes of previous owners and continue with the process except that the names of the flat owner changes. Resale flats are a good option which already have renters looking out for.
3) When buying property flats for investment from working projects the flats which are not ready, the fact that you will get the property in comparatively less rate with booking amount , the wait will continue till the project gets completed. But here again the time lapse and the rise in property rates in that area are a major deciding factor and many investors also prefer to invest here without any hassles of going in renting and allow the investment space to mature by itself while work in progress. You can always sell off after even few years with the profit amount without actually getting a flat possession or living or renting it. So this is more of putting in money and then earning profit by
transferring the property to another buyer.
4) The property bought or given as gift can help to save taxes. Saving money from the first day of your deal there are a number of ways your property consultants can guide you to get maximum benefit from investments in property.
Always hire a good financial consultant and get attached to a great finance company bank as they will be able to guide you, an NRI better  according to correct procedures and rules. Property is till date the most sought after and bestest investment, Start earning good returns from your investments.

Comments

Popular posts from this blog

Washington Home Loans

An interest-only loan has become a very popular choice of the many Washington home loans that are available.  What is making this type of loan so popular?  What other options are available to potential Washington home buyers. If you have a desire for a lower initial monthly payment, lower payments over shorter period of time, the possibility that if rates improve your rates could go down giving you lower payments, the fact you may qualify for even an even higher loan amount which would allow you to purchase a larger house than originally you thought this may be an option you should investigate.  There are a couple of other things you may need to consider.  Your payments may change over time.  There is also the potential for higher payments if the rates go up.  These interest-only loans normally interest only for a specific period of time.  The normal time is 4 to 11 years then the payment is raised to a normal level.  This type of an option c...

Get Easy Tax Concessions Bonus on Home Loans

Easy tax concessions are a added bonus with your home  loan. Purchasing a home has become the most sought   after   dream today. Our major salary can go in terms of repaying home loans. With property rates increasing day by day it is becoming more and more difficult to purchase a home even on loan. The principle amount is increasing and also the interest rate added puts a tight crunch on our monthly salary. Tax concessions and rebates come as a boon to lighten this burden a little bit. Is it possible to get tax rebate on the loan amount? Many of us are not aware that this is taxable income money and one can avail rebate on a certain amount. If all returns are filed regularly and all criteria for applying for a home a loan fulfilled then one can avail on tax rebate for a certain amount of the money taken as loan. The main criteria would be the loan has to be taken in the prior financial year and the project has to have a fixed date for completion. The possession of th...

NRI investing in property in India some Tips Best Time to Invest in property

Global Home Loans NRIs are making a beeline for investing in property in India, the reason is with an all time falling value of Indian Rupee they have to shell out less as in $. Though it seems to be the best time for investing in property in India every NRI must find out, enquire, and find the right source to get their deal on any property in India. There are many agents and land dealers who promise too get you the best deals and with their heavy commissions sell land with unclear title or dispute property without your knowledge. hence the first thing while thinking of investing in India is to contact a relative or friend and enquire before hand about the land, property , deals and in case you need about companies offering home loans to NRIs. The news also reports about the RBI loosening a bit on rules for NRIs  to encourage more investments in India. Home Loans Simplified Facts Agricultural land is not under the rules for investment , as of farm houses with farms, and the NRI nee...