Blogs #non-resident indians

Many people also get scammed because they lack the proper knowledge or information necessary to purchase a house from non-resident Indians.

NRIs may suggest transferring money from international bank accounts by usual banking procedures or may issue post-dated cheques or ECS (Electronic Clearance Service) mandates from NRO, NRE or FCNR (Foreign Currency Non-Repatriate) accounts. They can also pay out of the rental income generated in India from the house. If it is more convenient, EMI cheques can even be issued from a nearby relative’s bank account.

SBP Group has been serving its Indian and international customer base for a long time now and is renowned for its finest real estate offerings and is often recognised as one of Punjab’s leading real estate brands for its dedication and loyalty to effective execution and commitments.