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1. Can PIOs/NRIs rent out the residential/commercial properties?
PIOs/NRIs can without restraint rent out their immovable property, whether purchased through the application of forex or otherwise, without seeking any consent from the RBI.
2. Who is OCI?
Any person of full age and capacity, who is a citizen of another country, but was a citizen of India at the time of, or at any time after, the commencement of the constitution.
3. How energy efficient is your villas?
At JRC, we thoughtfully design every square inch of our residential space. All our spaces are superiorly designed to allow our residents to make use of the energy efficiently. We provide a good orientation that lowers energy bills and reduces the greenhouse gas emission.
4. Do you own solar-powered villas?
No, we don't. But offer a good orientation that lowers energy bills and greenhouse gas emissions.
5. What type of warranty do you provide after and during the construction?
Each villa we build comes with a promising warranty. As a customer-service driven builder, we are genuinely happy to service your needs during and after the construction process.
6. How much supervision will my villa have during the construction?
Our Project Managers ensures the quality of the workmanship on the job site. Therefore, we make sure our quality standards are met.
7. How long is the building process?
It is considered to take around six months of time.
8. Who will I communicate with while my home is being constructed?
Once the building has started, you will communicate with our team and keep you updated.
9. Is it possible to make changes once construction has begun?
To keep costs within budget, it is suggested to bring the changes at the initial stage.
10. Are any necessary documents required to be submitted with the Reserve Bank of India after the purchase?
No, it's not required. An NRI / PIO who has purchased residential property under general permission is not required to submit any documents with the Reserve Bank of India.
Dear NRI Investor,
Thank you for visiting our NRI section.
We, at JRC Projects, lend full support to NRIs to buy properties in India. Another very important aspect is that an NRI who is an Indian Citizen can sell his Immovable Property to another NRI, but only through Indian channels. NRIs are also allowed to rent a particular property and send back their rental proceeds to the country they are currently residing in, wherein the amount will be subject to payment of taxes.
We wholeheartedly invite you to invest in JRC Projects, discuss your plans and help you arrive at the right investment decisions.
BANKING PARTNERS
