Mr. Prashant N. Khedkar has pass out B.E. (Civil) from M I T (Pune) in 1993-04 & started of his career as a site engineer
Contact no:- 9422248168
Vrindavan Construction offers you a one-stop solution for all your real estate needs. From buying your apartment without leaving your city to placing your apartment on rent for monthly yields to eventual sell-offs to generate high capital appreciation, Vrindavan Construction endeavors to provide an integrated real estate solution for your investments.
Receive advice on loan size and eligibility and dedicated home loan assistance on documentation aspects without any service charge. We will identify the lowest rates and ensure seamless coordination with banks for disbursement.
A facility that allows you to earn unmatched benefits on the Consideration Value of your residence with peace of mind and convenience that no one else offers. We offer a guaranteed benefit of 11% on advance payments made towards your residence, the benefit being higher than that of any comparable short term low-risk avenue.
Trust us and we’ll source the right candidate for you! Once you choose the tenant, we will take care of every tiny detail that you might need - which means, all you would have to do is sign on the dotted line. So, if you desire to make your property an earning member of your family, give us a call and we’ll take care of the rest!
An Indian citizen who stays abroad for employment/carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident. (Persons posted in U.N. organizations’ and officials deputed abroad by Central/State Governments and Public Sector undertakings on temporary assignments are also treated as non-temporary assignments are also treated as non-residents). Non-resident foreign citizens of Indian origin are treated on par with non- resident Indian citizens (NRIs).
A person of Indian origin means an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan) who:
NRIs/OCB's are granted the following facilities:
Yes, the Reserve Bank has granted general permission to NRIs to acquire or dispose of NRI India Properties by way of gift from or to a relative who may be an Indian citizen or a person of Indian origin (PIO) whether resident in India or not.
Yes, under the general permission granted by the Reserve Bank, property other than agricultural land/farm house/plantation property can be acquired by NRIs provided the purchase consideration is met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchaser's NRE/FCNR accounts maintained with banks in India and a declaration is submitted to the Central Office of Reserve Bank in form IPI 7 within a period of 90 days from the date of purchase of the property/final payment of purchase consideration.
The Reserve Bank has granted some general permission to certain financial institutions providing housing finance e.g. HDFC, LIC Housing Finance Ltd., etc, and authorized dealers to grant housing loans to NRI nationals for acquisition of a NRI house/flat for self-occupation subject to certain conditions. Criteria regarding the purpose of the loan, margin money and the quantum of loan will be at par with those applicable to resident Indians. Repayment of the loan should be made within a period not exceeding 15 years, out of inward remittance through banking channels or out of funds held in the investors' NRE/FCNR/NRO accounts.
The documentation required to be submitted by the NRIs are different from the Resident Indians as they are required to submit additional documents, like copy of the passport and a copy of the works contract, etc. and of course NRIs have to follow certain eligibility criteria in order to get Home Loans in India. Another vital document required while processing an NRI home loan is the power of attorney (POA). The POA is important because, since the borrower is not based in India; the Home Finance Company would need a 'representative' 'in lieu of' the NRI to deal with and if needed. Although not obligatory, the POA is usually drawn on the NRI's parents/wife/children/ close relatives or friends. The documents needed for obtaining NRI home loans are Bank specific. General list of documents are as mentioned below:
|Salaried NRI Applicants||Self-Employed NRI Applicants|
|Copy of valid passport showing VISA stamps||Passport copy with valid visa stamp|
|Copy of valid visa / work permit / equivalent document supporting the NRI status of the proposed account holder||Brief profile of the applicant and business/ Trade license or equivalent document|
|Overseas Bank A/C for the last 3 months showing salary credits||6 months overseas bank account statement and NRE/ NRO account|
|Latest contract copy evidencing Salary / Salary Certificate / Wage Slips||Computation of income, P&L account and B/Sheet for last 3 years certified by the C.A. / CPA or any other relevant authority as the case may be (or equivalent company accounts)|