We have investors causing a rush over some investment opportunities in Northern India . This is a new spot for me and I have been surprised at the interest in Indian real estate from serious overseas property investors.

One major development in a Special Economic Zonei is based in an area 1km outside the city of Rudrapur. The huge 3,339 acre site was marketed to top Indian and international companies. 465 large companies have been allocated plots to date. Construction of 376 factories is in progress, with another 57 units having already begun production of goods.

This development is in Rudrapur is one example of the opportunities that await real estate investors in this fast growing region. Indian Investment Property

Hi Nick,

Have you found a legal way of getting capital gain out of India?

Thanks,

Andy

Hi Andy tell me what you know

Hi Nick,

I´ve been looking at investments in India for my clients for almost a year. The Central bank of India records all monies coming in and only lets the same amount of money out. Therefore, if you make a profit - that has to stay in India!

I have asked several people if there is a way around this, and nobody has yet come up with a legal answer!

Please let me know if you have one

Thanks,

Andy

I got this from an agent who specialises in investment property in India

If you hold the property for less than 3 years it is 30% capital gains tax but if you hold after 3 years it is 10%.
Furthermore CGT is index linked to inflation so that for example you bought a property for 100 euros and sold it 4 years later for 200 euros and inflation was 25% during that time. That would mean your cost is recalculated from 100 euros to 125 euros. so that you pay CGT on 75 euros
If you sell a property and buy another within 6 months there is no CGT.

Hi Nick dont you think despite of going in for rudarpur its advisable to invest somewhere in Delhi-NCR region only..The value of property in Delhi and the adjacent Gurgaon, Noida and Greater Noida have grown by leaps and bounds.Rudarpur in future is surely going to get developed but its all about time,all about patience in real estate ...if one can get a handsome return from investing in delhi-ncr region within a short span of time then who has got time to wait n watch for the rudarpur market to grow..wwhats your opinion on same...I am saying all this with my experience with investing in Delhi-NCR region...with the help of my realtor-Axiom Estates.