The Ajmera Group is changing how we live. We create grand buildings with luxurious infrastructure at par with the world’s most remarkable structures in terms of innovation and world-class amenities. Ajmera has provided India with some of its most distinctive addresses and some of the country’s most desirable houses throughout its glorious history. Our objective is to create masterpieces held to the highest international standards. Our work embodies our family’s values and is anchored by a heritage of trust that spans six decades. Ajmera Group is India’s leading real estate developer because of the sheer dedication and grit displayed by the team. Since our journey started in 1968, the group has completed numerous projects and is currently working on and planning new ones. Our staff is dedicated to providing the most extraordinary homes, workplaces, and retail spaces globally and works tirelessly to construct developments of extraordinary quality.
Our mission is to “Ideate, Innovate, and Execute” in all markets, at all price points, and for all customer groups. The Ajmera Group has built some of the finest developments in the world, complete with self-contained ecosystems that provide every amenity and convenience right outside one’s door. This has been accomplished by establishing the best global partnerships, utilising key stakeholders, and benchmarking against the highest international standards. These international standards are our benchmark when we build homes. From our commitment to creating a lasting and positive impact on our planet and society to being a net zero carbon emission company in the coming years, we make no compromises on our standards.
Why Invest in India?
NRI investors’ top choice has historically been the Indian real estate market. This is demonstrated by the $13.1 billion that accounts for NRI investments made in India last year, which is likely to increase by 12% this year. This expansion can be ascribed to the rise in housing demand brought on by growing urbanisation and rising personal disposable incomes. In addition, thus far in 2022, the value of the Indian rupee has fallen by over 5.2% versus the US dollar. This results in a major victory for all NRI investors, along with real estate’s capital value increase, rental return, and digitisation of the process.
What are the advantages of NRIs Investing in India?
No matter where they go, NRIs always miss their roots. The pull towards the nation and its people is unfathomable. In the quest to establish a connection with their motherland, investing in real estate could be a great opportunity. In India, unlike many other western countries, there is no restriction on the number of homes or businesses that one may own. Properties have a good appreciation rate and have an income source generated through rentals. The appreciation rate provides significant returns for a small initial investment. Additionally, the advantage of requesting tax deductions on revenue is available only in Indian real estate investments.
When buying property in India, NRIs need to open an account with one of the approved Indian banks. NRI property investors are required to conduct their business via Indian banks and use NRE/NRO accounts for any inbound money transfers.
Different tax deductions are permitted by Sections 80C and 80TTA of the Indian Income Tax Act. NRIs are now permitted to continue investing in India’s real estate market thanks to the simplified payments legislation. When buying a residence, NRIs can put money in their NRO account to use as a means of paying the seller.
The NRI community has a significant advantage since they may use their hard-earned money from outside to take advantage of lucrative investment possibilities in India. Real estate investing has gotten cheaper and more reachable, with the Indian rupee at a record low against the dollar.
Get in touch
For NRI investors Contact:
Mr. Sagar Mehta