Topics | Search Log Out | Register | Edit Profile
Hide Clipart | Banned/Unbanned User Log | Moderator Login History | Thread Delete/Move Log | Last 30 mins | 1 | 2
Downside of NRI owning home in India

Chalanachithram.com DB » New TF Industry Related » Archive through March 09, 2018 » Downside of NRI owning home in India « Previous Next »
Author Message
 

Speaker
Hero
Username: Speaker

Post Number: 14350
Registered: 06-2016
Posted From: 205.194.127.36

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 03:19 pm:       


Andhrawala:

Innispet




Andhrawala:

back in 1994




Andhrawala:

Poojalu(Pourohithyam) sese panthulu.




Andhrawala:

paying Rs1000 as rent since last 24 years





theenemma, ilaati ayyagaaru tagilaru ante...entha Premo nee paina...
Education Without Morality Creates Intelligent Devils
 

Andhrawala
Legend
Username: Andhrawala

Post Number: 66634
Registered: 03-2008
Posted From: 152.51.56.1

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 03:16 pm:       


Lisk:

adhi rent ki icharu and 15-20 years nunchi same tenants unttunaru.




Father ki RJY Innispet lo okka semi-commercial property vundhi

Tenant back in 1994 okka Priest. Poojalu(Pourohithyam) sese panthulu. paying Rs1000 as rent since last 24 years

Court lo case veseru. so ippudu MO sesthunnaadu

Kaalis eyadu. rent pechadu. heard recently he subleased
No Signature
 

Tadi_mattayya
Junior Artist
Username: Tadi_mattayya

Post Number: 370
Registered: 02-2017
Posted From: 64.128.22.8

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 03:00 pm:       


Whitecollar:

...site lo apartment kattesi ammesaadu ....



vammo..
 

Whitecollar
Hero
Username: Whitecollar

Post Number: 10801
Registered: 03-2016
Posted From: 209.184.52.152

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 02:46 pm:       


Lisk:

dhi rent ki icharu and 15-20 years nunchi same tenants unttunaru..




Orinee meeku inka parledhu.. maa bavagari friend ki oka own house (around 500yds) undhi Hyd lo.. oka tenant ki rent ki ichaaru.. 5 years nundi aayane untunnadu.. First na rent account lo esevadu.. Chala nice gaa matladevaadu.. eeyana 3 years tarvatha India elli illu choosthe, aadu aa site lo apartment kattesi ammesaadu anta.. India nundi phone chesthe pick cheyyaledhu.. Apartment meedha court case esthaanu ante, andhulo unna vallu andaru middle class vallu.. Apartment ki 2.5 L eeyanaki ichi settle chesukunnaru final gaa..
veni.. vidi.. vici..

 

Lisk
Junior Artist
Username: Lisk

Post Number: 444
Registered: 12-2017
Posted From: 192.158.48.90

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 02:38 pm:       


Tadi_mattayya:

an example of an unfortunate incident:
https://content.magicbricks.com/property-news/delhi-ncr-real -estate-news/nri-owner-of-a-10-year-old-property-in-gurgaon- think-before-you-lease-out/93312.html


same ma friend gadiki ayindhi..Tirumalgiri(Hyd) lo ma friend valla ayya eppudo zamana lo property konnaru..adhi rent ki icharu and 15-20 years nunchi same tenants unttunaru..property demloish chesi vere building lepudham anukunte tenants court lo case esaru..final ga ma odiki 30 lakhs bokka paddadhi outside court settlement ki...
 

Tadi_mattayya
Junior Artist
Username: Tadi_mattayya

Post Number: 369
Registered: 02-2017
Posted From: 64.128.22.8

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 02:31 pm:       


Gotcha:

Emi issues vayya?




Issue list unte thread endhuku vesthanu- solutions/workarounds meedha focus chesthanu

My question is for any NRI who might be having any sort of issue/inconvenience because the property is in his name. I am sure 99% won't have any issue.

an example of an unfortunate incident:
https://content.magicbricks.com/property-news/delhi-ncr-real -estate-news/nri-owner-of-a-10-year-old-property-in-gurgaon- think-before-you-lease-out/93312.html
 

Gotcha
Megastar
Username: Gotcha

Post Number: 28802
Registered: 02-2008
Posted From: 107.77.111.121

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 01:57 pm:       

Emi issues vayya?
...
 

Moviebuff001
Side Hero
Username: Moviebuff001

Post Number: 5897
Registered: 06-2013
Posted From: 165.225.34.171

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 01:50 pm:       


Tadi_mattayya:

Anyone with first-hand info on practical issues/tax implications.



For us, in-laws have been managing renters and maintenance. This can be tricky if you do not have anyone to manage.
Registration wasn't an issue at the time. Rental income declare cheyyalsi untundi. But I have not filed rental income yet. :D.
 

Brickmansions
Side Hero
Username: Brickmansions

Post Number: 3896
Registered: 04-2015
Posted From: 72.48.141.170

Rating: 
Votes: 1 (Vote!)

Posted on Thursday, March 08, 2018 - 01:47 pm:       


Tadi_mattayya:

disadvantages/downsides of an NRI owning a home in India.




You cannot live in that house .....
 

Tadi_mattayya
Junior Artist
Username: Tadi_mattayya

Post Number: 367
Registered: 02-2017
Posted From: 64.128.22.8

Rating: N/A
Votes: 0 (Vote!)

Posted on Thursday, March 08, 2018 - 01:10 pm:       

Gurus, pls provide your opinion on the disadvantages/downsides of an NRI owning a home in India.
So far I have been using relatives names but now looks like I will have to transfer them to my name.

Google search is mostly listing NRI loan related issues.

Anyone with first-hand info on practical issues/tax implications.

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image HASH(0x881c2d4){Movie Clipart}
Show / hide regular icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Show / Hide Filmy icons selection options

Click on following links to open cliparts by Alphabetical Order

  A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Username: Posting Information:
This is a public posting area. Enter your username and password if you have an account. Otherwise, enter your full name as your username and leave the password blank. Your e-mail address is optional.
Password:
E-mail:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: