There are many NRIs who may have settled abroad but have not lost the charm or nostalgia for their country. There can be a multitude of reasons as to why an NRI wants to purchase property in India. They may be elderly parents, desire to return after a short time, preparation for old age, or just finding a lucrative deal in the country that may act as a supplementary source of income. Godrej alive apartments is an Upcoming Project from Godrej Properties which will be the best option for NRIs to invest.Based on the Reserve Bank of India's decisions, an NRI can indeed purchase or sell property in India without requiring any special permission or acknowledgment to any government apart from what is indicated in the normal procedure. All the same, the government has made quite a few rules simpler for the former countrymen to deal with their personal property as per their wish. Here is a list of procedures one must follow to purchase or sell property in India after being an NRI:-
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The home buying patterns in India are going through a paradigm shift over the past few years. You can see many online real-estate portals now, unlike the newspaper ads in previous days. You don’t need to go for a site visit now. There are live virtual tours which show you the property just like in real. Much has changed over the years. One will have Different First Apartment experience when they shift to new apartments The Real-Estate Sector is not dominated by the men, unlike before when women had little or no say in property matters. Today’s woman is independent, and she wants to own wealth and widen her investment portfolio. In this article, we will discuss, Is Indian Real-Estate focussing on women home buyers. Women’s OwnershipWomen have major ownership in the Real-Estate Sector. They control $28 trillion in annual consumer spending. They drive almost 80% of all the purchases in the Real-Estate Sector. Almost 32% of the buyers in property deals are single women across top eight cities of India. Around 74% of the women play the role of either the contributor of the influences in this sector. Thus, women are an integral part of the Real-Estate in India as a whole. The Negative SideWomen often portrayed as a mere family member in this sector. The marketing campaigns stage them as housewives in fancy kitchens or with children. The orthodox mindset of the developers is one of the problems. The conservative first gen developers reject women-centric marketing campaigns. The new gen luxury developers are no less. They reject the women-centric marketing campaigns because they think it will disrupt their market. They are used to bring glamour to such campaigns. Godrej Developers is an Well known Developer which will give more importance to Women Home Buyers. There are coming with a new upcoming project Godrej Reflections in Haralur road Bangalore with all the world class amenities. Real-Estate Sector still views home buying as a family affair. Developers question why they need to talk to women, rather than how to talk to them. The thought process revolves around how to tempt a family and not an individual. Mayuri Aggarwal, VP-Marketing with SARE Group, says, there is a long way to go before we start thinking about women as buyers. In South India, family-driven campaigns are more focused towards women. While in North India, the trend changes to campaigns more tilted towards men. |
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