I am looking for buying a apartment in Noida.It is under construction, it will take atleast 2 years to complete. I will have to send installement to builder . How can i do it? should I open a NRE or NRO account with Citibank ? Deposit CAD there & give cheque to Builder in Indian Repees. Also, which one is better NRE or NRO Account? Any experierce with Citibank NRI service. Other option is to get Indian ruppes draft made in ICICI Bank , Canada. Please guide me. I can not do online money transfer thru ICICI Bank as there is no Catageroy is available for payment to builder in drop down menu.
-----------------------------------------------------------------
Driller the thriller
Quote:
Originally posted by desi_driller
I am looking for buying a apartment in Noida.It is under construction, it will take atleast 2 years to complete. I will have to send installement to builder . How can i do it? should I open a NRE or NRO account with Citibank ? Deposit CAD there & give cheque to Builder in Indian Repees. Also, which one is better NRE or NRO Account? Any experierce with Citibank NRI service. Other option is to get Indian ruppes draft made in ICICI Bank , Canada. Please guide me. I can not do online money transfer thru ICICI Bank as there is no Catageroy is available for payment to builder in drop down menu.
-----------------------------------------------------------------
I am a Gents and not a Ladies.
From which ICICI bank account are you trying to send money? ICICI Bank Canada or ICICI India? If it is ICICI India you can send money to almost any bank account in India provided you have their bank account information.
It will be easier to get a draft made here from ICICI, SBI, etc. than going for a bank account and maintaining balances in them.
-----------------------------------------------------------------
Give free food http://www.thehungersite.com ||
Quote:
Originally posted by desi_driller
I am looking for buying a apartment in Noida.It is under construction, it will take atleast 2 years to complete. I will have to send installement to builder . How can i do it? should I open a NRE or NRO account with Citibank ? Deposit CAD there & give cheque to Builder in Indian Repees. Also, which one is better NRE or NRO Account? Any experierce with Citibank NRI service. Other option is to get Indian ruppes draft made in ICICI Bank , Canada. Please guide me. I can not do online money transfer thru ICICI Bank as there is no Catageroy is available for payment to builder in drop down menu.
Yes, I am looking for a second home for me in NCR. that is the only area , i can afford right now.
Yes, it seems that best account for me is NRE account . I discussed with ICICI Bank , Canada. They issue Bank Draft in Indian Ruppes , commission is CAD 7.5.
Any pointer on how to get money out of the India ( If I sell Apartment at a profit say after 10 years). Any restrictions from RBI
-----------------------------------------------------------------
Driller the thriller
Quote:
Originally posted by desi_driller
Yes, I am looking for a second home for me in NCR. that is the only area , i can afford right now.
Yes, it seems that best account for me is NRE account . I discussed with ICICI Bank , Canada. They issue Bank Draft in Indian Ruppes , commission is CAD 7.5.
Any pointer on how to get money out of the India ( If I sell Apartment at a profit say after 10 years). Any restrictions from RBI
-----------------------------------------------------------------
Give free food http://www.thehungersite.com ||
It is advisable to get the power of attorney attested by the Indian consulate as that is considered to be more authentic.
Check this ( http://www.wecareinvest.com/" target="_blank">http://www.wecareinvest.com/</a> )website, to find more details to buy an apartment in India.
Advertise Contact Us Privacy Policy and Terms of Usage FAQ Canadian Desi © 2001 Marg eSolutions Site designed, developed and maintained by Marg eSolutions Inc. |