Dear NRI Investor,
If you are looking to invest in property in Chhattisgarh, than you are on the right page.
Welcome to AVINASH GROUP, The Most Trusted Real Estate Company in Chhattisgarh, which has created a niche for its esteemed clients with an incomparable legacy of 23 years in Real Estate sector delivering comprehensive Residential, Commercial, Logistic and Construction solutions across all reality categories.
Avinash Group has delivered 44 Projects (31 Residential, 10 Commercial & 3 Clubs Malls) with 1 crore sqft Construction completed & another 90 Lakhs sqft construction in Progress. In our journey of 23 years, we have gained strong belief of 7500 Happy & Satisfied families thru our Core Values i.e. Trust Transparency, Innovation, Quality & Timely Delivery as promised.
Here, you'll find the complete range of Property Solution from Residential to Commercial, Affordable to Premium Lifestyle projects, Offices, Shops, Logistic Parks, Godowns, Malls & Clubs, we have a perfect mix of Residential & Commercial Properties to cater to your specific needs, in terms of location, type of development and budget in Raipur., Chhattisgarh.
We would be happy to answer your queries related to property investment in Chhattisgarh & options available suitable to your needs.
From over two decades we have inspired many foreign citizens of Indian origin for smart investment and to be proud owners of Avinash Group Properties through our flawless projects delivery module. We have redefined luxury and rediscovered comfort and lifestyle which perfectly suit the standards of NRI clients. Our projects are an exquisite craftsmanship of intellectual and stylish architectural plan with innovative designs which are reflected in number of accomplished projects we have delivered so far.
We are proud to announce that we understand our NRI clients' needs and can offer them the best deals they deserve which exceed their expectations in terms of quality and fulfilling necessary regulatory formalities.
You are cordially invited to be Part of Growing Avinash Family!!!
Frequently Asked Questions
Yes! The sale proceeds of immovable property can be remitted out of India to the home country of the NRI or PIO, up to the maximum limit of the consideration amount originally remitted from abroad to purchase the property. However, the property has to be sold after a period of three years, from the date of the final purchase deed or from the date of payment of final instalment of consideration amount, whichever is later.
Additionally, the following points also need to be adhered to in this respect:
The immovable property was acquired by the seller in accordance with the provisions of the Exchange Control Rules/Regulations/Laws in force at the time of acquisition, or the provisions of the Regulations framed under the Foreign Exchange Management Act, 1999;
The amount to be repatriated does not exceed:
the amount paid for acquisition of the immovable property in foreign exchange received through normal banking channels or out of funds held in foreign currency non-resident account(s) or the foreign currency equivalent, as on the date of payment, of the amount paid where such payment was made from the funds held in non-resident external account(s) for acquisition of the property; and in case of residential property, the repatriation of sale proceeds is restricted to not more than two such properties.
Finally, application for the purpose of repatriation is required to be made to the Central Office of Reserve Bank within 90 days of the sales of property in Form IPI 8.
The execution of the power of attorney must be done on a stamp paper or plain paper, as the case may be in the country where the power of attorney is being executed.
The signatures of the executants have to be attested by an official of the Indian Embassy, Indian Consulate or Trade Commissioner, in the country where the executants reside.
The signature of the attorney should be verified in India by a Notary, his employer or his banker on a separate piece of paper which should be submitted to SHFL together with the Power of Attorney.