r2i forum

Is AirBnB common in India? Has anyone invested in a property for the sole purpose of renting it our on AirBnB?
Many of my friends (in the US) have invested in properties in vacation-friendly areas & rent them out on AirBnB.

Thanks for all the responses - it's pretty insightful.

From the perspective of investment, how is the is current real estate market doing in Bengaluru?
Is it currently a buyer's or a seller's market? What are the prospects of price appreciation over the next ~5 years? Any areas that are likely to appreciate better?

Anyone with thoughts/experiences to share?


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[I]<Posting in this forum, since I am sure if it'd fit elsewhere> [/I] I am based in the US, and my parents reside in India. What are some best practices related to estate-planning, inheritance/succession planning that i should recommend to my parents? The goal being that future transfer of assets ...

....from [URL]http://gigaom.com/cloud/how-indias-favorite-tv-show-uses-data-to-change-the-world/[/URL] [I]Every Sunday morning, millions of people in India tune in to watch Bollywood star [URL="http://en.wikipedia.org/wiki/Aamir_Khan"]Aamir Khan[/URL] host one of the country?s highest-rated ...

[QUOTE=lineker;428415]Your bank in India has an account in a foreign (in my case US) bank whose details (Routing and Account numbers) they provide you along with a transaction/reference ID. You transfer the money from your US account into that account. Your bank then exchanges/deposits the ...

[QUOTE=lineker;428407]I should have dealt directly with the bank where you have the account [U][B]in India[/B][/U].[/QUOTE]
What does this exactly mean? Wire to the bank account in India, directly from a bank in the US?

There seem to be quite a few online jewelers in the US -- any experiences with any of these stores? [URL]http://totaram.com/[/URL] (based in HYD & New Jersey) [URL]http://www.goldpalace.com/[/URL] (based in New Jersey) [URL]http://www.govindjis.com/[/URL] (based in Dallas) [URL]http://www.shahji.com ...

What's the best way to transfer money to a SBI account in India (from the perspective of good exchange rate, ability to lock exhcnage rate, time take to transfer, etc)? After reading through the forums, seems like the following are commonly used choices...[LIST=1] [*]Direct wire transfer from a bank ...