As we surge ahead we have designed a management outlook to cater to the needs of NRI segment across who need desperately the assistance and consulting to own the properties in this fast-growing city. Several of the NRI regimens after series of roundtables with the Varistha Infra core team have operated to own the properties here and are now the promoters even.
Over a period of time, we have grown as a most preferred choice for customers by attaining excellence in quality and timely completed value-added projects. The landmark success is in providing foolproof guidance in resource utilization of NRI’s in ventures and our team of professionals in financial planning and investment portfolios will provide eagle assistance and provide a mechanism to take safe custody of the portfolio management. Further, we are guided by the spirit of being a leading real estate company in the Telangana State & Andhra Pradesh market as will emerge to national standards.
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Excellence in quality and timely completed value
Finance planning & investment portfolios
Property options for NRI – Not all properties can be purchased by an NRI as per FEMA and RBI guidelines. An NRI can buy any immovable property in India, residential or commercial apart from purchasing an agricultural land, farmhouse and plantation property.
Funding the purchase – Getting a loan from a financial institution for investing in property is an easy task for an NRI provided everything is in place: income proof, property papers & other documents. As per guidelines, funding can be done for up to 80% of the property while the balance 20% has to be arranged for by the buyer himself. NRI investment in Indian real estate is convenient considering this factor.
Tax Implications – Tax implications vary depending upon the usage of the property in a given financial year. A property may be used to live in, put on rent or purchased for resale and in all three cases, tax treatment varies.