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Real Estate Investment in India

Amazon emerldyeti
Dec 5

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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  • Citibank / Finance$$>RSU
    Yet another sign the US real estate market is stating to topple over
    Dec 54
    • New DuQvV7x
      ‘Cos n==1 out of a workforce of 178m is exactly how we judge investment shift.

      DF.
      Dec 5
    • 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
    • New DuQvV7x
      *you’re
      Dec 5
    • Citibank / Finance$$>RSU
      Exactly. DB.
      Dec 5
  • 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 55
    • Apple / OtherHey!!!!
      This is someone who has never been to India
      Dec 5
    • New 0hedge
      You still give bribes to your uncle so he can arrange a safe passage through customs at the airport?
      Dec 6
    • 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
    • New 0hedge
      Sounds like you haven't
      Dec 6
    • 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
  • 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 51
    • Amazon emerldyeti
      OP
      Thanks so much for your detailed response. Appreciate it.
      Dec 6
  • Uber / OtherHjkrdhk
    I’ve never heard anyone doing this
    Dec 51
    • 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

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