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The Positive Features in FDI Rules and Subsequent NRI Investment in Real Estate

Foreign Direct Investment, 2005 India set a new trend by letting other country people apart from NRIs for property investment options. This was not the case before 2005 where Indian government let foreign investors only for industrial investment.

The sudden change in investment rules have helped the economy to see good growth, as a result of that today we can find development of tourism and hotels, world class hospitals, commercial structures, IT parks, resorts, and many more aspects in related to land development trends.

The flow of economy in the country on real estate development remains an encouraging factor for FDI to let investment opportunities open to other country people. IT industrial growth also favored a lot resulting in increased employment opportunities and high paid jobs offered at IT sector is another reason that attracts indigenous IT employees to seek property investment option as a better way of living.

FDI has come up with several advantageous rules favoring real estate development sector in India. There has been considerable amount invested in housing and commercial projects. Since the major change that let the doors opened for foreign investors by FDI in India, the years following 2005 certainly witnessed excellent growth in Country’s economy.

Due to flexible real estate rules, it had become quite easy to invest in land and sell the same by obtaining necessary approvals including, the list of infrastructure aspects provided, layout plan, etc. The concerned local government would act the authorizing authority that will also monitor the development aspects.

The scope for investment has been widened with recent FDI rules. As a result, Non Residential Indians who wish to invest on broader aspects are able to find multiple options in property investment.

Since 2005 FDI’s flexible rules for investment, NRIs have been offered wonderful options for investing in residential as well as commercial property in India. They can also enjoy investing in many properties provided they should remit the required finance only through usual bank procedure or dealing through their accounts maintained in India.

Pacifica Companies is a leader in real estate development and the list of residential and commercial projects offered at leading Indian cities like Ahmedabad, Hyderabad, Chennai, Vadodara, etc have multiple choices for investments to choose from. NRIs, who are specifically looking for investment in 2 bhk or 3bhk apartments in Ahmedabad or any of the residential projects in Vadodara or Chennai can visit approach us and choose one from the available projects.

Property investment is the hot preference of people who wish to make a great deal or revenue in relatively short time. Considering the priority given to property investment and the growing popularity of NRI investment FDI has brought favorable changes in asset rules.

This article has been written by working with Pacifica Companies. Pacifica Companies is a US based real estate company known for its world-class construction projects across US and India. Various innovative residential and commercial projects like apartments, township homes, bungalows, villas, IT parks, mixed use projects and commercial buildings complete the diverse portfolio of the builder.

 
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