Maneka Asks NCW To Arrange Devoted Cell For Cases Related To NRI Marriages

Their life style in foreign nations are completely totally different and so they discover living circumstances in india a big drawback . The issue of issuing lookout circulars and non-bailable warrants in opposition to the NRI husbands has additionally been highlighted in the petition as there is no such thing as a efficient process for a similar. Funding by PIO in Indian Securities is handled the identical because the funding by non-resident Indians and requires identical approvals and enjoys the identical exemptions. For example, in the US, there’s a restriction that only funds registered in the US Securities market can settle for a US based mostly NRI’s money. To reply the primary part of that query, it’s the luxury real estate market where the NRI investments are largely concentrating their funds. One in every of the true property builders who provide an NRI investor with all of the luxurious amenities and connectivity is Saran Builders & Infrastructure (I) Pvt Ltd. Direct purchase: They’ll straight purchase any actual property in India (barring farm land, farm home and plantation property) with no restriction on the number of properties.