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Buying property in Chennai as an NRI

Discussion in 'Housing' started by MeenLoch, Jun 7, 2010.

  1. MeenLoch

    MeenLoch Silver IL'ite

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    Hi all,
    I am not sure if a thread already exists for NRIs investing in Chennai. I thought I ll start one in-case this is first. The moderator can remove and redirect me if there is something already.

    For now, I am seeking information on Registration. Have you as an NRI registered property on both yourself and your husband or as a non working wife it's on your husband's name alone, for your property in Chennai ? What are the tax repurcussions on this ?

    How have you availed the tax benefits in US on the EMI for your property in Chennai/ India ?

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