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Overseas property is more lucrative

Take help of an international consultant to navigate the complex rules, regulations and taxes in India and abroad

Overseas property is more lucrative
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Tinesh Bhasin
What would you choose if you have an option to buy a house in India worth Rs 1 crore that gets you an annual rent of 2-3 per cent of the property value or one in Manchester that earns a rent of 8-10 per cent?

The deal on the international property can further sweeten if you are taking a loan. For a property in India, you get a rupee loan at minimum 8.4 per cent. In Manchester, the loan in British pound can be availed at 2-2.5 per cent. In other words, even after paying the equated monthly instalment to the