Real estate investment is considered to be one of the best long term investment options available. Even financial experts recommend investing in real estate in order to build a strong portfolio for the future. Apart from Indian investors, even the NRIs consider this sort of an investment as one of the best options available to keep multiplying the capital. Mohali is one of the cities, which has gained a lot of popularity, as a major investment hub, in the last few years and investing in real estate in Mohali can be quite fruitful for both, Indian citizens, as well as NRIs.
If you are interested to know more, about the reasons, for the growing popularity of real estate investments in Mohali, among the NRIs, then you can go through the discussion below:
- There is a gap in the currency values of USA, UK and Dubai. As a result of this, the NRI’s who are living in these countries are able to trade better in Indian rupee, as value is lesser than the currencies of these countries.
- A number of developers in Mohali have realized the demand of the real estate among, the NRIs and as a result, have developed luxury projects designed by reputed interior designers and architects. This is one major reason for the growing popularity of the real estate investment among the NRIs.
- NRIs investing in real estate in India, hardly have to go through any taxation formalities as long as they are not earning any rent from the same. The only major legal procedure that they have to complete is that of the property registration.
Thus, it is quite clear, that investing in an apartment in Mohali is quite beneficial for the NRIs, and investing in sector 85 in Mohali, can definitely be considered as one of the best investment options available. So, if you are an NRI, planning to invest in India, then investing in the 2 BHK Apartment in Sector 85 of Mohali can be quite a good decision.