At Pushpam Infra, we understand the value of a second home investment in India. We offer good and assured rental income on our property with zero maintenance worries. Plus, all our sites are located in the highly appreciating areas of India. It’s a golden chance to enjoy secure living with proper documentation and spend quality time with family and friends in a beautiful, worry-free environment. Choose Pushpam Infra for a seamless and secure real estate experience.
Yes, NRIs can purchase both residential and commercial properties in India under the Foreign Exchange Management Act (FEMA). However, they cannot buy agricultural land, plantations, or farmhouses.
Payments must be made through Indian banking channels. Funds can come from NRE, NRO, or FCNR accounts, but not through traveler’s cheques or foreign currency.
NRIs can use their NRE, NRO, or FCNR accounts for property transactions. Home loans can also be availed from Indian banks, with repayments through these accounts or remittances from abroad.
There is no limit on the number of properties an NRI can purchase.
Yes, NRIs can avail tax deductions under Section 80C for home loan repayments and Section 24 for interest. The Double Taxation Avoidance Agreement (DTAA) helps prevent double taxation on income.
Yes, NRIs can appoint a trusted person via Power of Attorney to complete property transactions on their behalf.
NRIs can buy property from any country using a POA. If they don’t have someone in India, we can arrange for an advocate to handle registration via a limited POA.
Yes, many banks offer home loans to NRIs. (As of August 2024, the Reserve Bank of India's repo rate is 6.50%.)
Yes, rental income can be repatriated after deducting applicable taxes, subject to RBI regulations.
Rental income from Pushpam is variable and transferred to the NRI account after tax deductions.
Sale proceeds and rental income are credited to the NRO account and can be transferred to the NRE account.
Yes, NRIs can sell their properties. Pushpam can assist in selling the property, and funds can be transferred or reinvested based on their requirements.
