Greater Noida Metro Developments

Metro extensions and proposals

1.    Extension of ORR line from Kalindi Kunj to Botanical garden (Dark brown)

2.    Noida - Greater Noida line via Pari chowk (dark green)

3.    Extension of blue line from Noida Sec 32 to Sec 62 (light blue)

4.    A line from Noida to Greater Noida via Noida extn (turquoise)

5.    Noida sec 44 to sec 135 along the expressway (light brown)

Green line proposed metro stations include: City Centre (Sector 32), Sector 51, Sector 50, Sector 78, Sector 101, Sector 81, Dadri Road, Sector 83, Sector 137, Sector 143, Sector 147, Sector 144, Sector 153, Sector 149, Knowledge Park 2, Pari Chowk, Alpha 1 Alpha 2 and Bodaki (depot stations)

NRI investment regulations

The Foreign Exchange Management Act (Fema) rules welcome investment in property in India by NRIs (non-resident Indians), PIO (person of Indian origin), and in some cases, foreign nationals residing in India.
“NRIs or PIOs are allowed to repatriate an amount up to one million dollars, per financial year (April-March), out of the balances held in the Non-Resident (Ordinary) Rupee (NRO) account, subject to compliance with applicable tax requirements. This amount includes sale proceeds of assets acquired by way of inheritance or settlement.”
A person resident outside India is categorized as non-resident Indian (NRI) or a foreign national of Indian origin (PIO) or a foreign national of non-Indian origin. Section 2 (v) and Section 2 (w) of Fema, 1999, defines ‘person resident in India’ and a ‘person resident outside India’, respectively.

Source:  http://www.indianrealestatemarket.com/house-nris-pios-welcoming-nri-investment/