How can NRIs manage property while living abroad?
- Assign PoA for legal formalities
- Hire property management services (Urbando assists with rentals & maintenance)
Is real estate in Chennai a good investment for NRIs?
Yes. Chennai is a stable market with high rental demand from IT/Healthcare/Education hubs. Locations like Perumbakkam, OMR, Siruseri, and Sholinganallur see strong capital appreciation.
What sustainable features does Urbando provide that add value to NRI investment?
- Solar power on terraces → reduced energy bills
- STP, WTP, and RWH → efficient water management
- Digital water meters → transparent consumption
- Low-density layouts with ventilation & natural light → higher resale value
Can NRIs lease out their property?
Yes, NRIs can lease residential and commercial property. Rental income is fully permissible under FEMA guidelines.