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  • Real Estate
    Investment Advisory

    Land has become a scarce commodity globally. This is particularly so in India
    more >

  • NRI Services
    real estate

    As the Indian economy grows steadily amidst a generally subdued global economy
    more >

  • Brokerage & Agency
    Services

    At MIRPL we believe in engaging as an extension of our clients. Hence our approach to
    more >

  • PROPERTY
    MANAGEMENT

    MIRPL’s Property Management services augment our Real Estate Investment and Brokerage
    more >

  • FUND
    RAISING

    Often, companies or individuals envisaging bespoke development projects have got the
    more >

  • PROject
    MANAGEMENT

    Our approach in managing projects is based on the fundamental principle that
    more >

About Us Ensuring Return on Investment through Intelligent Strategy

Milagro Investment & Real Estate is engaged in servicing individual and corporate clients, NRI and OCI clients in India and overseas across the value chain within the Real Estate domain.

Milagro Investment & Real Estate was conceptualized to offer a transparent value driven approach in an unregulated, disparate and largely informal and inconsistent market. Our team works for and on behalf of our clients to interface with prospective buyers / sellers and lessee / lessor, with a singular focus on driving value through professional courtesy, transparency and thorough domain expertise.

We are typically engaged on an advisory basis to identify opportunities for investment in residential and commercial real estate, liaison and negotiations for purchase and sale of property, fulfillment of documentation and statutory requirements and management of individual properties on behalf of our clients for lease / rent and reporting on statutory fiscal requirements thereof.

Milagro Investment & Real Estate is supported by a wide range of associates with expertise in Real Estate markets, Law, Finance & Accountancy and Taxation to bring together a comprehensive solution for our clients. This domain expertise is augmented by a calibrated approach centered on a long-term association that will drive our business through recommendations based on excellence of service.

MISsION

  • Inculcating the ethos of Transparency in each of our employees
  • Associate with firms / individuals who share our Core Value based operating methodology
  • Take pride in our Domain Expertise and ensure that we work transparently in acquiring information / knowledge where required to bring successful closure for our clients.

Core Values Integrity, Transparency and Intelligence

At Milagro Investment & Real Estate, we believe that nurturing and growing into a respected, perpetual entity is imperative to constantly rest on the foundation of building long term mutually beneficial relationships with our clients, vendors, associates and indeed all stakeholders.

These relationships are based on TRUST which we believe, we will nurture through INTEGRITY, TRANSPARENCY and HARD WORK while continually developing and enhancing our DOMAIN EXPERTISE and MARKET INTELLIGENCE to offer the very best service across the value chain.

Methodology Robust Process from Analysis to Asset Realization

At MIRPL we bring, through our team and associates, a comprehensive approach to servicing our client’s needs. It is imperative that we identify with the position of our clients with respect to all deals. While we act as an extension of our clients, transparency remains paramount in our interactions with all stakeholders. Our methodology and process flow can briefly be summarized as below:

Services Integrated Offerings and Customized Solutions

  • Real Estate
    Investment Advisory

    Land has become a scarce commodity globally. This is particularly so in India
    more >

  • NRI Services
    real estate

    As the Indian economy grows steadily amidst a generally subdued global economy
    more >

  • Brokerage & Agency
    Services

    At MIRPL we believe in engaging as an extension of our clients. Hence our approach to
    more >

  • PROPERTY
    MANAGEMENT

    MIRPL’s Property Management services augment our Real Estate Investment and Brokerage
    more >

  • FUND
    RAISING

    Often, companies or individuals envisaging bespoke development projects have got the
    more >

  • PROject
    MANAGEMENT

    Our approach in managing projects is based on the fundamental principle that
    more >

Real Estate Investment Advisory

Land has become a scarce commodity globally. This is particularly so in India, where the pressures of population growth is further accentuated by demands for sustainable agriculture. Real Estate, therefore presents a viable opportunity for long term investors keen on both capital appreciation and sustainable revenue generation. However, the market quality, location, asset ownership, developer reputation, etc., all play an intrinsic role in how the valuations of an asset are likely to appreciate.

We at MIRPL work with our clients to understand their requirements, to arrive at an investment strategy based on the defined needs / parameters articulated. MIRPL will analyze the market trends, assess risk and suggest suitable investments for maximizing consolidated returns. We remain engaged with our clients through to the execution of this strategy and can further augment this relationship through active management of properties for our clients.

As part of our Core Values, our focus always remains on the value of the relationship over the long term, and our actions demonstrate this commitment.

Our investment advisory services transcend the following:
  • Capital Transactions
  • Rent / Lease Transactions
  • Build-to-suit / Residential Builder floors development / Commercial Development

NRI SERVICES

As the Indian economy grows steadily amidst a generally subdued global economy, India presents substantial investment opportunities for long-term growth. Whereas investments in stock and / or mutual funds markets have structured avenues for the NRI community, investment in Real Estate still remains considerably unstructured presenting scope for derailment of the investment process, misadventure and unproductive lock-in of funds.

Milagro Investment & Real Estate, endeavours to offer credible advise to our NRI clients on opportunities across India for their Real Estate needs. Our services will include but are not limited to:
  • Advisory services for investment in Real Estate
  • Structured approach towards fulfillment of investment and divestment needs of our clients.
  • Management of investment properties
  • Leasing / Renting
  • Transparent and efficient Legal advisory through our network of associates depending upon need
  • Tax planning for Real Estate Income through leasing / renting and / or divestment.
  • Co-ordination with location specific legal / tax advisory consultants to ensure optimal benefit to NRI client for overseas income accountability (CPA’s in United States of America and Charted Accountants in UK).

To ensure transparency and credibility of investments and management thereof, Milagro Investment & Real Estate works on a specified mandate which will include co-ordination with third party brokers / agents, direct buyers / sellers and associated parties with specific regard to leasing.

Please visit the FAQ’s link to get answers to frequently asked questions. If you have any specific query, we will be happy to revert. Kindly direct your queries to info@mirpl.in

BROKERAGE & AGENCY SERVICES

At MIRPL we believe in engaging as an extension of our clients. Hence our approach to each transaction is anchored in the foundation of a long term approach where the clients interest is paramount.

All brokerage & agency services are supported with grounded and realistic market information and thorough assessment of the valuation and parties involved. The aim is to facilitate a rational, yet best value for the client, which would culminate in successful closure. We support the negotiations on behalf of our clients and engage with our associated intermediaries for ancillary support on statutory, legal and financial matters related to the transaction.

We work with the client to formulate a strategy to search for or offer (as the case may be) properties off-market through our proprietary network or through the agency and open market or a combination as per the requirement of the client.

All transactions are undertaken on a discrete basis and decision taken with strict concurrence of the clients.
  • Capital Transactions
  • Rent / Lease Transactions
  • Build-to-suit / Residential Builder floors development / Commercial Development
  • Land Banking/Investment & Divestments
  • Property Management
  • Project Fund raising
  • Joint Development
  • Joint Venture

PROPERTY MANAGEMENT

MIRPL’s Property Management services augment our Real Estate Investment and Brokerage services by offering transparent management of real estate assets on behalf of our clients. It is our endeavor to ensure that the assets’ returns on investment are optimized. Further, where required, we will engage and liaise with vendors of different maintenance services and ongoing statutory financial planning (Tax, Legal etc.).
  • Defining optimal yield value for asset.
  • Finding appropriate leases.
  • Aid with documentation associated with finalisation of contracts in a transparent manner – through associated service providers.
  • Liaise with maintenance vendors where required to facilitate property management.
  • Assist with and liaise for Tax management purposes.

FUND RAISING

Often, companies or individuals envisaging bespoke development projects have got the innovative idea, the land, the team and the experience to complete a development but lack cash flows and would prefer to sell or lease the property without having to compromise on their vision. Often the temporary market scenario precludes the possibility of quick sales. Funding for specific projects through partial stake sale and / or on reasonable terms of interest is often the answer.
  • MIRPL will assist in both, to procure funds through syndicated funding or bring in project specific investments based on its nature, the timeframe and exit strategies.
  • We work with investors both high net worth individuals and companies and can leverage our proprietary network to bring in required funding.

PROJECT MANAGEMENT

Our approach in managing projects is based on the fundamental principle that is unique in its requirements. From projects for individuals to those for corporates, we engage in management of specific aspects of the project to turnkey deliveries.

We can participate in all or part of the following value chain.
  • Assessment and Feasibility including Risk Analysis
  • Solution / Plan development
  • Implementation and Management
  • Control and Validation
  • Reporting
We augment solutions by a transparent approach and work in collaboration with our partners and other advisors to ensure desired results for your clients.

FAQS Understanding your Needs. Delivering Results

Who is a Non Resident Indian (NRI)?

A NRI is a person residing outside India who is either a citizen of India or a person of Indian origin who has migrated to another country.

Who is a Person of Indian Origin (PIO)?

A person of Indian origin is an individual (excluding a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, Nepal, Iran, China, or Bhutan) who :
  • held an Indian passport at any time, or
  • whose father or paternal grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act of 1955

Can a NRI / PIO sell / buy property without the permission of the Reserve bank of India?

Yes

What kind of properties can NRIs buy in India?

A non-resident Indian can buy any residential or commercial property in India. There is a limitation to buy agricultural land, farmhouses, and land for plantation.

How should the purchase of residential immovable property be paid for by an NRI / PIO under the general permission?

The purchase consideration should be met either out of inward remittance in foreign exchange through normal banking channels or out of funds from NRE / FCNR / NRO accounts maintained with banks in India.

Can NRIs buy and sell property without their presence in India?

A Non Resident Indian cannot buy or sell his / her property without being present in India. They have to be present (a proof of their presence has to be attached along with the application) to obtain a NOC (no objection certificate), and for the registry at the Registrar’s office. We at MIRPL can expedite and formulate this process.

What financing options do NRIs have for the residential / commercial property they buy?

The Reserve Bank of India has given certain banks the authorization to grant loans to NRIs taking into account the various tax laws that apply. Loans are also available through licensed agents. The total tenure of the loan cannot exceed 15 years.

What precautions should I take when purchasing a property that is not newly built?

You have to make sure
  • that the documents provided to you are not color photocopied,
  • verify that all documents are valid and true in every nature,
  • cross check with legal authority as to the validity of the current owner with the property documents provided,
  • get a no encumbrance certificate to find the true owner and to see if the property is not mortgaged to any financier
  • all tax papers should be up to date

What is the purpose and why is it necessary to register a property?

By registering the transaction it becomes a permanent public record and the title can be acquired only if the deed is registered.

What are my tax implications with regard to capital gains?

If you purchase a new property and invest the entire capital gained by selling your old property within 2 years then you are not liable to pay any capital gains tax.

How is the value of property and the rent determined?

There is no prescribed way to determine the value or rent of a property. These values can be determined by consulting individuals like brokers, registration authority, etc.

How do you work on the requirements of your clients?

We at MIRPL work on a solitary mandate, which lets us scrutinize parties so that we can provide our clients with utmost responsibility, faith, and a smooth business transaction. Our clients are updated on a regular basis on the progress of their requirement.

Do you provide various services like leasing and maintenance of property?

We provide various services like buying and selling, construction, renovation, leasing and maintenance, interior decoration, consultation, etc. of property for both NRIs and Indian nationals at a cost borne by the owner of the property. All transactions are documented.

What are the different purposes for which I can apply for a home loan?

Home loans can be to purchase a plot for construction of a house, to purchase or construct a house or a flat, as well as for renovation / modification / extension / repair / alteration of a house or a flat.

What documents are required for a home loan?

The following documents are needed while applying for a bank loan
  • bank home loan application
  • proof of identity,
  • residence proof,
  • all legal documents related to the property being bought,
  • last 6 months bank statements & last 3 years ITR,
  • and any other document depending upon the particular bank requirement.

How will my bank determine my eligibility of a home loan?

The bank will determine you eligibility on your capacity to pay the EMIs. The capacity to pay your EMI depends on your disposable income. The banks want to ensure that you comfortably pay your loan on time. Higher the disposable income, higher the loan amount.

What is an EMI?

Full form of EMI is equated monthly installment. An EMI is a combination of both the principal and interest, and they start from the day full disbursement of the loan has been made.

How does the tenure of the loan affect my monthly payments (EMIs)?

A simple rule applies - longer the tenure of the loan the lower will be your EMI and vice versa. Your total loan cost (principal + interest) would be higher as you would end up paying interest for a longer period.

Is there a penalty for prepayment or full payment of a home loan before it's full tenure?

Based on a recent regulation no penalty can be assessed by any bank on prepayment or full payment of a bank loan before it's maturity.

Contact Us We are looking forward to hear from you

Milagro Investment & Real Estate
Netsmartz House, First Floor,
Plot No. 10, Rajiv Gandhi Technology Park,
Chandigarh, 160101 - INDIA
Tel: +91 172 4659293, 4669293
Email: info@mirpl.in
Web: mirpl.in
Maps & Directions

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- Team MIRPL -