Parking their money into Indian realty sector seems a promising option for NRIs, as certain policy changes have taken place in India economy. Changes in the rules of FEMA (Foreign Exchange Management Act.) and RBI (Reserve Bank of India) policies are welcoming NRIs to buy properties in India. Apart from this, certain initiatives are being taken by the government of India to welcome NRIs with a red carpet to invest into Indian realty sector. Liberalized norms under FEMA are increasing the NRI’s sentiments to invest into India and now the NRIs can easily retain their invested capital in India just by paying capital gain tax. Now, whatever the capital is gained by NRIs by investing their properties in India can be easily retrieved out-side India just by fulfilling the terms and conditions of paying capital gain tax to Indian government.

To facilitate the investment moves of NRIs into Indian realty sector, several real estate developers in India are also providing certain real estate services for NRIs. Moves of Pragati group towards greeting NRIs to invest into their real estate projects are an example for these services. The group is taking certain initiatives to increase NRI’s interests to invest into Indian real estate industry. Discounts and financial aids being provided by the group to NRI investors are the reasons to entice them for investing into Indian realty sector. Group’s associate banks and financial institutions are trying to help out the moves of the NRIs by providing financial aids and loans.

Focusing on to the services provided to NRI to buy properties in India http://www.pragatigroup.in/cmd_message.html , group has launched several real estate projects. These real estate projects are well-provided with the basic and modern amenities to make the life of home buyers easy and comfy. Most of the ongoing projects by the group are being executed in National Capital Region. Realty projects that are being developed by the group are some of the best examples of world-class townships. These townships are having the amenities of global standard. It is due to these amenities and having far more better location advantage in comparison to other cities, the properties being developed under group’s ongoing realty projects could be one of the promising investment destinations in India. NRI’s can purchase properties under group’s realty projects for investment as well as for residential purposes. They can also gift these properties to their relatives and family members living in India. Earlier, there were certain complications in property handover rules by the NRI’s to their family members and relatives in India, but after few changes done by the government of India into this direction has made their way easier to purchase a property in India and gift it to their relatives.

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