Exclusive lecture on Overseas investment by Adv. Anil Harish

By Accommodation Times Bureau FEMA (Foreign Exchange Management Act) 1999, governs any cross-border monetary transaction either to or from India. Previously, there was a Foreign Exchange Regulation Act (FERA) to impose strict regulations on certain kinds of payments, the dealings in foreign exchange (forex)and securities. FERA did not succeed in restricting activities such as the

Hiranandani Reaches out to Indian Diaspora in GCC Countries

By Accommodation Times Bureau DUBAI Telling afresh the growth story of Indian real estate, while not just communicating the message of the new regulatory regime post implementation of the Real Estate (Regulation and Development) Act, 2016 but also bringing home the advantage of fall in value of rupee vis-à-vis the US Dollar

NRIs soon to see single investment regime

By Accommodation Times Bureau NEW DELHI In a move bringing NRIs (Non-Resident Indians) and portfolio investment scheme under one umbrella, Sebi’s (Securities and Exchange Board of India) board to recommend a single investment system for NRIs and portfolio investment scheme to be merged with foreign portfolio investors, a source said. Foreign portfolio investment is the

Revenue Dept Decides To Incorporate Email, Contact, Aadhar Number Of Property Owners

By Accommodation Times Bureau Taking another major leap in providing hassle-free services in a transparent manner, the Punjab Revenue Department has decided to incorporate the email address, contact number and Aadhar number of property owners in the Record of Rights (Jamabandi). This will come as a boon to NRIs and Central Government

Kumbh Mela: UP Govt to construct 5,000 tents for pilgrims, ticket size from 10k – 30k per day

By Rohit Sharma  LUCKNOW With the aim of providing luxurious living and once in a lifetime experience to pilgrims visiting Maha Kumbh in 2019, the Uttar Pradesh State Tourism Development Corporation (UPSTDC) have introduced “Indraprastham- the City of Eternity, the first time in the history of Kumbh Mela. It is said that the

Goa to frame new law to protect NRIs’ property on the cards

By Accommodation Times Bureau PANAJI To curb the illegal sale of Non-resident Indian (NRI) land the state government is contemplating a new legislation from December 13, during coming assembly session. Vijai Sardesai, town and country planning minister said he has spoken to chief minister Manohar Parrikar about the new law. The economic offence cell

Huge NRI investments likely in Real Estate in 2016

By Dr Sanjay Chaturvedi, LLB, PhD After Government's investment friendly policies and Prime Minister Narendra Modi's campaign, the confidence level in Indian markets have gone very high. A survey conducted by Accommodation Times Education and Research Foundation on 35000 NRI revealed the good news. Beside PM Modi's crusade campaigns, international capital