The Indian economy is the fastest-growing globally, and this economic boom has significantly impacted the real estate sector. Projections indicate it could reach a market size of $1 trillion by 2030. As a result, foreign buyers and NRIs are buying properties in India. Having lived abroad for many years, NRIs may find the legal procedures and protocols involved in buying real estate in India to be...
The Indian real estate sector stands at a pivotal juncture as the United States proposes a remittance tax targeting non-citizens, including a significant portion of the Indian diaspora. This development, encapsulated in the "One Big Beautiful Bill," could reshape investment patterns, particularly for Non-Resident Indians (NRIs) eyeing opportunities back home. Understanding the Proposed US Remittance...
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