{"id":3435,"date":"2017-08-16T16:11:03","date_gmt":"2017-08-16T10:41:03","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=3435"},"modified":"2020-12-12T18:37:26","modified_gmt":"2020-12-12T13:07:26","slug":"impact-of-rera-on-nri","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/impact-of-rera-on-nri\/","title":{"rendered":"What is the Impact of RERA on NRIs Investing in India?"},"content":{"rendered":"<p class=\"has-drop-cap\">RERA Act is expected to bring revolution in the Indian real estate <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>market<\/a>. Earlier, the Real estate market was only regulated under local state laws. RERA will bring a great impact due to the compulsory registration at all levels. RERA is expected to bring a positive impact on the NRI real-estate investor in India. In this article we have described about Impact of RERA on NRI Investing in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Overview on RERA in India<\/h2>\n\n\n\n<p>The Real Estate Market in India has seen a steady rise over the years. However, instances of project delays and rising overhead costs have called for stringent measures to ensure that a governing mechanism is established to avoid loopholes in the industry. The anxiety related to the nature of a business, with its lack of information and scientific process of due diligence, a question had arrived for NRIs that whether they should invest in India?<\/p>\n\n\n\n<p>Thus to boost investments in the real estate sector and to protect home buyers, the&nbsp;<strong>Real Estate<\/strong>&nbsp;(Regulation and Development) Act, 2016 was passed in the Parliament, which has led to the formation of the&nbsp;<strong>Real Estate Regulatory Authority (RERA<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Real_Estate_(Regulation_and_Development)_Act,_2016\">[1]<\/a><\/sup>).<\/strong> Under this, all real estate projects in each state and union territory will be monitored by the respective governing authorities thus ensuring much-needed transparency by providing various safety norms to the NRI investors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Impact of RERA on NRIs: Reasons why NRIs should buy a <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Property&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Property refers to the legal designation of ownership over valuable items or assets held by an individual or a business. This ownership grants the holder certain legal rights to use, consume,(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/property\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>property<\/a> in India<\/h2>\n\n\n\n<p>The following reasons can be taken into account:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"695\" height=\"434\" src=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/12\/image-26.png\" alt=\"Impact of RERA on NRIs\" class=\"wp-image-42087\" srcset=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/12\/image-26.png 695w, https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/12\/image-26-300x187.png 300w\" sizes=\"(max-width: 695px) 100vw, 695px\"\/><\/figure><\/div>\n\n\n\n<ul><li>Due to the demonization, the prices of the homes have slipped, resulting in lower interest rates on home loans.<\/li><li>From an investor&rsquo;s point of view, India is one of the most favourable countries for real estate investment for rental purposes, thus investing in Indian real estate sector will reap regular rental returns along with the <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Appreciation&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;Appreciation refers to the increase in the value of an asset over time due to various factors such as inflation or increased demand. It is observed in various fields including economics,(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/appreciation\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>appreciation<\/a> and thus, NRI&rsquo;s can buy properties as long-term assets.<\/li><li>Purchasing processes have been simplified by amending several rules and regulations.<\/li><li>Lenient FEMA policies and relaxation of laws by the RBI regarding property buying by NRIs are likely to boost their participation.<\/li><li>Investment in Indian real estate is money-spinning for NRIs due to the difference in the value of properties as per the locations.<\/li><li>The RERA Act has formulated various rules, regulations, policies, and schemes that have revived the economy resulting in maximizing the investment scope for NRIs.<\/li><li>The RERA and easing of funds in the form of ECB, FDI, etc. have attracted the attention of reputed business houses and customers.<\/li><li>With tighter regulations, greater transparency, more affordability, and enhanced price stability, NRIs will find interesting investment opportunities, as long as they have a long-term view of investing in the projects of India.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p><a href=\"https:\/\/enterslice.com\/rera-registration\"><strong>RERA Registration<\/strong><\/a>&nbsp;for all type of real estate business is all set to transform the realty sector and hence the consumers\/investors will have a good time investing in a rich market like India which is having healthy norms and making the system more reliable, thereby ensuring greater transparency for NRI&rsquo;s to invest in India. Thus, impact of RERA on NRIs is expected to be positive therefore NRIs can invest in India without any fear as RERA has been enforced in India.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/enterslice.com\/learning\/analysis-of-section-15-and-rera-complaint-provisions\/\">\nAnalysis of Section 15 and RERA complaint provisions\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RERA Act is expected to bring revolution in the Indian real estate market. Earlier, the Real estate market was only regulated under local state laws. RERA will bring a great impact due to the compulsory registration at all levels. RERA is expected to bring a positive impact on the NRI real-estate investor in India. In [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":42098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[438],"tags":[522],"acf":{"service_id":"102"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Impact of RERA on NRI Investing in India - Enterslice<\/title>\n<meta name=\"description\" content=\"RERA will bring great impact due to compulsory registration of all level. 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RERA is expected to bring positive impact on NRI real-estate investor in India.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/impact-of-rera-on-nri\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-16T10:41:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-12T13:07:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2017\/08\/What-is-the-Impact-of-RERA-on-NRIs-Investing-in-India.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","authorName":"Ashish M. Shaji","authorImageUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/10\/04.jpg","authorDescription":"Ashish M. Shaji has done his graduation in law (BA. LLB) from CCS University. He has keen interests in doing extensive research and writing on legal subjects especially on corporate law. He is a creative thinker and has a great interest in exploring legal subjects.","postViews":594,"readingTime":2,"nextPost":{"id":3465,"slug":"digital-payment-system-upi-payment-gateway"},"prevPost":{"id":3460,"slug":"corporate-social-responsibility-companies-act-2013"},"featuredMediaUrl":"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2017\/08\/What-is-the-Impact-of-RERA-on-NRIs-Investing-in-India.jpg","postTerms":"RERA Registration","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/3435"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=3435"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/posts\/3435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/42098"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=3435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/categories?post=3435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/tags?post=3435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}