Real Estate Investment in India

Amazon emerldyeti

Dec 5, 2018 15 Comments

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Anyone in US who can share their experience in buying real estate in india ? Is it a good investment option? How do taxes you pay get affected? I am looking to buy a small apartment possibly in Pune and rent it out. I am not sure how I should evaluate this investment option. Will appreciate if anyone can point to any articles or blogs.

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TOP 15 Comments

Citibank / Finance$$>RSU
Yet another sign the US real estate market is stating to topple over
Dec 5, 20184 4
- New DuQvV7x
  ‘Cos n==1 out of a workforce of 178m is exactly how we judge investment shift.
  
  DF.
  Dec 5, 20183
- Citibank / Finance$$>RSU
  Well you’re a “builder” so why don’t you tell me how that building thing is working right now.
  
  Oh, that’s right your worth “millions”. Why do you need to worry about that? Fucking loser.
  Dec 5, 20180
- New DuQvV7x
  *you’re
  Dec 5, 20180
- Citibank / Finance$$>RSU
  Exactly. DB.
  Dec 5, 20180
New 0hedge
Corrupt judges and police will repossess your property if they find out you are not local.....3rd world banana republic.
Invest in REITs
Dec 5, 20180 5
- Apple / OtherHey!!!!
  This is someone who has never been to India
  Dec 5, 20180
- New 0hedge
  You still give bribes to your uncle so he can arrange a safe passage through customs at the airport?
  Dec 6, 20180
- Apple / OtherHey!!!!
  Again - You have never been to India, so don’t comment on what you don’t know. I visit indian twice a year and have never had to pay a sigle rupee in bribe, just follow the rules
  Dec 6, 20182
- New 0hedge
  Sounds like you haven't
  Dec 6, 20181
- Apple / OtherHey!!!!
  Like I said, I go twice a year, just came back 2wks ago. Never paid any bribe to customs.
  
  Don’t carry stuff more than ur allowed limit, its as simple
  Dec 6, 20180
Apple / OtherHey!!!!
I would not recommend it.

The property appreciation is not much and rents are too low, Management is difficult.

Also there are host of issues when you sell the property, suppose you want to sell and convert INR to USD, historically INR has gone down vs USD so ur gains get lower, also there is 20% tax deducted at source.

All in all, not worth it.

I did it and ended up loosing money, not a lot but still I could have made decent investments in US and made more
Dec 5, 20181 1
- Amazon emerldyeti
  OP
  Thanks so much for your detailed response. Appreciate it.
  Dec 7, 20180
Uber / OtherHjkrdhk
I’ve never heard anyone doing this
Dec 5, 20180 1
- Apple / OtherHey!!!!
  Lot of people did it in early 2000s and made a ton of money as the Indian real estate market was growing 20%+ per year at the time
  Dec 5, 20180

What’s the deal with Trim?

blind

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Real Estate Investment in India

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