ServicesNRI Desk
Welcome to NRI Corner
At RAHEJA REALTORS, we understand the unique needs of Non-Resident Indians looking to invest in India. Whether you are planning to buy your dream home, invest in high-growth properties, or manage your existing assets, we provide complete assistance with transparency and professionalism.
Hassle-Free Property Investment
Investing in Indian real estate from abroad can be complex. Our expert team ensures a smooth, secure, and fully compliant transaction process, allowing you to invest with complete peace of mind.
Complete Legal & Documentation Support
We handle all legal formalities including:
- Title Verification
- Agreement Drafting
- Power of Attorney Assistance
- Registration Support
NRI FAQs for RAHEJA REALTORS
Who is a Non-Resident Indian (NRI)?
An NRI is an Indian citizen who resides outside India for employment, business, or any other purpose indicating an indefinite stay abroad.
Who is a Person of Indian Origin (PIO)?
A PIO is a foreign citizen (except Pakistan/Bangladesh) who has held an Indian passport at any time or whose parents/grandparents were Indian citizens.
Who is an OCI (Overseas Citizen of India)?
An OCI is a foreign national of Indian origin registered under OCI scheme, enjoying multiple entry lifelong visa and certain economic rights in India.
Can NRIs buy property in India?
Yes, NRIs can purchase residential and commercial properties in India without prior approval.
Can NRIs buy agricultural land in India?
No, NRIs are not allowed to buy agricultural land, plantation property, or farmhouses in India.
Can NRIs sell property in India?
Yes, NRIs can sell property:
- To a resident Indian
To another NRI or OCI (except agricultural land)
Do NRIs need to be physically present to buy property?
No, NRIs can buy property through a Power of Attorney (PoA) given to a trusted person in India.
What is the mode of payment for NRIs?
Payments must be made through:
- NRE (Non-Resident External) Account
- NRO (Non-Resident Ordinary) Account
- FCNR (Foreign Currency Non-Resident) Account
Cash payments are not permitted.
Can NRIs take home loans in India?
Yes, NRIs are eligible for home loans from Indian banks and financial institutions.
What are the tax implications for NRIs on property purchase?
- TDS is applicable
- GST applies on under-construction property
- Stamp duty and registration charges are applicable
What is TDS for NRIs on sale of property?
- 20% for long-term capital gains
- 30% for short-term capital gains
(TDS is deducted by the buyer)
Can NRIs repatriate sale proceeds?
Yes, NRIs can repatriate funds up to USD 1 million per financial year, subject to RBI guidelines.
Is rental income taxable in India for NRIs?
Yes, rental income earned in India is taxable and subject to TDS.
Can NRIs inherit property in India?
Yes, NRIs can inherit any type of property, including agricultural land.
What documents are required for NRIs to buy property?
- Passport
- Visa / OCI card
- PAN card
- Overseas address proof
- Indian address proof (if available)
Is PAN card mandatory for NRIs?
Yes, PAN card is mandatory for property transactions in India.
Can NRIs invest in under-construction projects?
Yes, NRIs can invest in under-construction properties, subject to compliance with regulations.
What is RERA and does it apply to NRIs?
RERA (Real Estate Regulatory Authority) protects buyers’ interests. Yes, NRIs are fully protected under RERA.
Can NRIs give property on rent in India?
Yes, NRIs can rent out their property and earn income.
What services can RAHEJA REALTORS offer to NRIs?
- Property search & selection
- Legal due diligence
- Documentation & registration support
- Home loan assistance
- Property management & rental services
End-to-end remote transaction handling