What NRIs should know before investing in Indian real estate.
Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) can generally buy residential and commercial property in India, subject to the rules in force. This guide covers documents, payments and compliance at a high level.
Rules change, so confirm the current position with your bank or a qualified advisor.
Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) can generally buy residential and commercial property in India, subject to the rules in force. Agricultural land, plantation property and farmhouses are normally restricted. Rules change, so please confirm the current position with your bank or a qualified advisor.
Passport, OCI / PIO card where applicable, PAN, address proof and, if needed, a Power of Attorney.
Payments are typically made through banking channels from NRE / NRO accounts, with bank records kept for every transaction.
Rules govern how much sale proceeds can be repatriated. Check the latest regulations before you invest.
Tax treatment of rental income and capital gains for NRIs differs from residents, and tax-deduction-at-source rules apply on sale. Please consult a chartered accountant for advice specific to you. This page is general information, not legal or financial advice.
Yes, NRIs can generally book under-construction residential property, subject to the prevailing rules. Verify RERA registration and the payment schedule.
Not always. A Power of Attorney helps if you cannot be present in India for signing and registration. Use a trusted person and keep it limited to the purpose.
Several Indian banks offer NRI home loans. Terms vary, so compare lenders.
NRIs and OCIs can generally buy residential and commercial property; agricultural land and farmhouses are usually restricted.
Through banking channels from NRE / NRO accounts, with proper records.
Useful if you cannot be present, but keep it limited and use a trusted person.
NRI taxation differs from residents; speak to a chartered accountant.
There are limits and rules; check the latest regulations.
Generally yes, subject to current rules.
Not always – it helps if you cannot be in India for the paperwork.
Several Indian banks offer NRI home loans; terms vary.
Consult a chartered accountant familiar with NRI taxation.