Axis Finance Limited, a leading non-banking financial company (NBFC) in India, has launched the Axis Finance Disha Home Loans, a tailored financial product aimed at facilitating homeownership for individuals across various income segments. This initiative aligns with the government's efforts to enhance access to housing finance, particularly for economically weaker sections (EWS) and low-income groups...
NRI
India's real estate market offers lucrative opportunities for global investors. However, purchasing property in India as a foreign national involves navigating a complex legal landscape. This guide provides an in-depth analysis of the regulations, eligibility criteria, and procedures for foreign individuals interested in acquiring property in India. Who Can Buy Property in India? CategoryCan Buy...
The Reserve Bank of India’s second consecutive reduction in the repo rate—slashed by 25 basis points to 6%—has emerged as a pivotal move in realigning India's economic growth trajectory. Particularly for the real estate sector, this monetary policy intervention serves as a beacon of optimism, enhancing liquidity, boosting affordability, and catalyzing expansion across residential, commercial, and...
Tax Deducted at Source (TDS) is an important aspect of real estate transactions in India. Section 194IA of the Income Tax Act, 1961, mandates buyers to deduct TDS when purchasing a property above a certain value threshold. Understanding the applicability, calculation, and compliance requirements of TDS ensures smooth property transactions while avoiding legal complications. This guide provides a...
Investing in Indian real estate is a popular choice among Non-Resident Indians (NRIs), offering significant potential for long-term capital appreciation and rental income. With the Indian economy steadily growing and the rupee remaining stable, NRIs are increasingly looking to invest in properties back home. Here, we provide an in-depth guide to help NRIs make informed decisions while investing in Indian...
Are you an NRI (Non-Resident Indian) looking to invest in real estate back home? Whether it's for financial security, family planning, or simply to diversify your investment portfolio, venturing into the real estate market can be a rewarding journey. However, navigating this landscape from afar may seem daunting. Fear not! In this blog, we'll break down some straightforward strategies and best practices...