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Ali Shaikh
posted on 15 MayNRI investment in Greater Noida is a huge headache
Is it practical to invest in Greater Noida properties when you're based abroad, like I am in Dubai? Sab log ROI ki baat karte hain, but no one talks about the actual grind. I'm looking at Sector 150 ya Noida Extension, maybe Godrej ya ATS ka project. But how do you manage it without being there? Power of attorney pe kitna trust kar sakte hain? With all those CBI builder fraud news, I'm worried about legal clarity, possession. Rental management bhi big challenge hai. Disagree? Tell me your hacks.
#nri-investment#property-management#legal-clarity#greater-noida#builder-fraud
Comments
Bhai, you've hit the nail on the head! NRI investment sounds glamorous but the ground reality is something else. PoA pe trust karna toh sabse bada gamble hai.
Exactly! My cousin invested in a project near Alpha II Greater Noida, and the builder just vanished after taking 80% payment. Ab PoA holder bhi haath khade kar diye hain. How do you even verify these PoA guys from abroad?