Nri FAQ - DAC

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Is the RBI’s permission required for NRIs to purchase real estate in India?

NRIs and overseas citizens of India OCIs can freely purchase [...]

By DAC_Admin|2024-02-26T06:52:38+00:00February 26, 2024|Comments Off

What are the income taxes that are applicable on house properties in India?

Under the Indian Income Tax Act, only one house property [...]

By DAC_Admin|2024-02-26T06:21:02+00:00February 26, 2024|Comments Off

Is RBI permission required?

You do not need permission from the RBI to purchase [...]

By DAC_Admin|2024-02-26T06:18:42+00:00February 15, 2024|Comments Off

Can an NRI buy property in India?

Yes, a non-resident Indian can buy either a residential property [...]

By DAC_Admin|2024-02-26T06:18:17+00:00February 15, 2024|Comments Off

Can A PIO buy Immovable property in india ?

Certainly! A Person of Indian Origin (PIO) has the eligibility [...]

By DAC_Admin|2024-03-02T10:23:44+00:00February 15, 2024|Comments Off

Who is a PIO ?

A Person of Indian Origin (PIO) is an individual who [...]

By DAC_Admin|2024-02-26T06:16:44+00:00February 15, 2024|Comments Off

Who is NRI ?

An NRI, or Non-Resident Indian, refers to any Indian citizen [...]

By DAC_Admin|2024-02-26T06:15:57+00:00February 15, 2024|Comments Off

Are you familiar with Porur?

Porur offers a ideal balance between modern convenience and residential comfort, making it one of the most sought-after neighborhoods in Chennai. Ideally located along the Chennai Bypass and well-connected to key areas like Guindy, T. Nagar, and Vadapalani, Porur ensures hassle-free commuting for residents. Reliable public transport options, including buses, cabs, and shared autos, make daily travel seamless and convenient. Its home to key IT parks, including DLF IT Park and Olympia Tech Park, hosting numerous global and national companies. These tech hubs provide ample job opportunities, especially for professionals in the IT sector.

Moreover, the area is well-equipped with essential amenities, including supermarkets, banks, schools, hospitals, and fitness centers, ensuring that residents have everything within easy reach. Additionally, Porur Lake and various recreational spots contribute to the neighborhood’s appeal, providing spaces for relaxation and outdoor activities.

With its excellent connectivity, well-edveloped infrastructure, and vibrant lifestyle options, Porur stands out as a prime location for families and professionals looking for a convenient and well-rounded living experience.

Are you familiar with Sunguvarchatram ?

Sunguvarchatram provides a harmonious blend of suburban tranquility and urban accessibility, making it a desirable place to live. Well-connected by major highways like the Chennai-Bangalore Highway (NH 48), it ensures smooth and easy commuting to various parts of the city. Public transport facilities, including buses and private cabs, add to the convenience, making daily travel seamless for residents. Its proximity to prominent industrial and manufacturing hubs such as Sriperumbudur, Oragadam, and SIPCOT Industrial Park makes it a preferred choice for professionals working in these areas.

The locality is well-equipped with essential amenities, including supermarkets, banks, schools, healthcare centers, and dining options, ensuring residents have everything they need close by.

Moreover, with its excellent connectivity, proximity to employment hubs, and a peaceful yet modern lifestyle, Sunguvarchatram stands out as an ideal choice for families and professionals looking for a balanced living experience.

Are you familiar with Kuthambakkam ?

Kuthambakkam offers a unique blend of suburban tranquility and urban accessibility, making it a sought-after residential destination. Well-connected by major routes and the Outer Ring Road, commuting to key parts of the city is convenient and hassle-free. Residents also benefit from reliable public transport options, including buses, cabs, and shared autos, ensuring seamless travel for daily needs. Located near prominent industrial and IT hubs like SIPCOT, Oragadam, and Sriperumbudur, Kuthambakkam is an ideal choice for professionals seeking proximity to work.

Moreover, Kuthambakkam offers a range of amenities including Supermarkets, banks, schools, hospitals, and parks are easily accessible, ensuring that residents have everything they need within reach. The presence of green spaces and recreational facilities enhances the overall appeal of the area, offering opportunities for relaxation and enjoyment.

With its strategic location, modern amenities, and peaceful surroundings, Kuthambakkam is an excellent choice for families and professionals seeking a harmonious and convenient living experience.

Are you familiar with Goundermill?

Located in Coimbatore, Goundermills stands out as a promising locality known for its peaceful location and rapid development. With its position along Mettupalayam Road, the area enjoys promising connectivity to various parts of the city, providing convenient travel for residents. Offering a group of essential amenities such as schools, hospitals, parks, supermarkets, and temples in close proximity, Goundermills ensures a comfortable lifestyle for its inhabitants.

In terms of real estate, the area provides a diverse range of residential options, catering to different budgetary requirements, from economical plots to upscale homes. Landmarks include SMR Mahal, a renowned marriage hall, Vasantham Supermarket, a popular retail outlet, and Gounder Cotton Mills, a well-established textile spinning facility.

Goundermills is a great option for people who want a calm place to live and opportunities for future growth. Whether you’re looking for a quiet home or a good investment, Goundermills has something attractive for those moving to Coimbatore.

Are you familiar with Somayampalayam?

Located in Coimbatore, Somayampalayam offers numerous advantages for residents. As a developing area, it offers promising opportunities for property investment, with upcoming residential projects likely to increase in value over time.

Families benefit from the presence of reputable schools like The PSBB Millennium School and Chavara Vidya Bhavan, ensuring quality education for children. Additionally, the locality is well-equipped with healthcare facilities such as Baalaje Hospitals, Sree Abishek Hospitals, and Sathyam Kidney Care Centre, ensuring residents have access to essential medical services. Somayampalayam’s close proximity to Coimbatore city provides convenient access to urban amenities like shopping, dining, and entertainment.

Overall, Somayampalayam presents an attractive living option for those seeking a developing area with quality schools, healthcare services, and easy access to urban conveniences.

Are you familiar with OMR?

OMR, or Old Mahabalipuram Road, is a key area in Chennai, India, famous for its IT hub. It hosts IT firms, multinational companies, and ITES firms, attracting professionals. Government investments have led to improved infrastructure with wide roads, green areas, sewage systems, and water connections. It offers excellent connectivity via road and public transport, with easy access to different parts of Chennai, alongside the East Coast Road (ECR).

Social amenities highlight along OMR, featuring esteemed educational institutions like PSBB Millennium and Sathyabama University, renowned healthcare facilities such as Apollo Hospitals, and vibrant shopping malls. Noteworthy landmarks dotting OMR include the IT hub of Sholinganallur, the prestigious Tidel Park housing offices of several MNCs, and the historic UNESCO World Heritage Site of Mahabalipuram, celebrated for its ancient monuments and picturesque beaches.

While OMR offers a strong combination of work and life with its proximity to workplaces, commendable infrastructure, and diverse amenities, it shines as a good option for people looking for a holistic living experience.

Are you familiar with Madambakkam?

Madambakkam combines city comforts with a suburban environment, attracting diverse residents. With good road connections like the Inner Ring Road and a handy flyover linking Camp Road and Madambakkam, getting around the city is easy. The area also has reliable public transport options like buses, cabs, and autos for residents’ convenience. Situated near major IT hubs like Tidel Park and DLF IT Park, Madambakkam is a desirable choice for IT professionals looking for accessibility to work.

Moreover, Madambakkam offers a range of amenities, including supermarkets, banks, schools, hospitals, and parks, enhancing the quality of life for its residents. With well-maintained infrastructure, consistent water supply, and enhanced safety measures such as street lighting and police patrolling, Madambakkam provides a secure and comfortable living environment.

Overall, Madambakkam’s strategic location and abundant amenities make it an appealing choice for both professionals and families looking for a convenient and enjoyable living experience.

Are you familiar with Pallavaram?

Pallavaram is renowned for its convenient living and affordability. With its strategic location, residents enjoy easy access to key transportation hubs such as the Chennai International Airport, GST Road, and Outer Ring Road, facilitating strong connectivity to various parts of the city. Moreover, the suburb’s proximity to prominent IT corridors like OMR and Guindy translates to more job opportunities across sectors including IT, manufacturing, and healthcare, increasing career growth for residents.

Notably, Pallavaram stands out for its affordable housing options, making it an attractive choice for both young professionals and families seeking quality living spaces within their budget. Additionally, it promotes a strong social infrastructure, comprising reputable schools, colleges, hospitals, and shopping centers, thus ensuring a well-rounded residential experience that serves diverse lifestyle needs.

Overall, Pallavaram emerges as a desirable residential destination, offering a combination of convenience, affordability, and top-notch amenities for its residents.

Are you familiar with Tambaram?

Tambaram is gaining popularity for several compelling reasons. Firstly, its strategic position ensures easy access to various parts of the city, thanks to well-connected roads like GST Road and OMR, as well as a major railway station like Tambaram railway station, facilitating seamless commuting for residents. Moreover, Tambaram is experiencing rapid infrastructure development, including road expansions, construction of flyovers, and improvements in public transportation. These enhancements reduce travel times and provide overall convenience for residents.

Tambaram is a great pick for tech workers due to its proximity to IT zones like OMR. Families prefer it for the schools like Bharath University and MCC. It’s cost-effective yet offers good living standards, making it a balanced choice in Chennai. Also, Tambaram’s growth prospects make real estate investment here promising, likely leading to property value increases.

In summary, Tambaram’s excellent connectivity, ongoing development, proximity to IT hubs, educational institutions, and affordability and investment potential collectively make it a highly sought-after location for those seeking a convenient and well-connected place to live in Chennai.

Are you familiar with Guduvanchery?

Guduvanchery, situated on the outskirts of Chennai in south India, is quickly becoming a sought-after location for both residents and investors. Its strategic position along the Grand Southern Trunk (GST) Road, a major highway linking Chennai with other cities, ensures convenient connectivity. Additionally, it boasts proximity to key routes like the Chennai-Trichy Highway and the Outer Ring Road, simplifying travel within the city.

With its own railway station, commuting is further facilitated, enhancing accessibility to Chennai and beyond. The area’s appeal is bolstered by its proximity to prominent IT hubs, catering to the needs of IT professionals. Families benefit from nearby esteemed institutions such as SRM University. Furthermore, Guduvanchery offers easy access to air travel. In the middle of rapid development, characterized by new infrastructure and growing businesses, property values are appreciated.

The locale provides an extraordinary living environment, complemented by an expanding cluster of amenities. On the whole, Guduvanchery’s strategic positioning ensures connectivity to various parts of Chennai, promising a growing and improving residential environment.