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NRI Services

Looking to buy a home in India? Our NRI services make the process simple and stress-free. From finding the perfect property to handling documentation and legalities, we provide personalized support every step of the way.

Property Purchase Guide for NRIs

Who is considered an NRI?

An NRI (Non-Resident Indian) is an Indian citizen living outside India for employment, business, or other reasons indicating indefinite stay abroad. It also includes government employees posted overseas or working with international organizations.

Who is considered an NRI?

An NRI (Non-Resident Indian) is an Indian citizen living outside India for employment, business, or other reasons indicating indefinite stay abroad. It also includes government employees posted overseas or working with international organizations.

What defines a foreign citizen of Indian origin?

A foreign citizen is considered of Indian origin if they held an Indian passport or have Indian ancestry (father or grandfather). Citizens of certain countries like Pakistan or Bangladesh are excluded.

What defines a foreign citizen of Indian origin?

A foreign citizen is considered of Indian origin if they held an Indian passport or have Indian ancestry (father or grandfather). Citizens of certain countries like Pakistan or Bangladesh are excluded.

Buying a Property in India

payment for property
properties in India
agricultural / farmhouses

Payments should be made via foreign exchange remittances through banking channels or from non-resident accounts (NRE, NRO, FCNR).

NRIs can buy as many residential properties as they want. However, repatriation of funds is only allowed for two properties purchased from NRE accounts.

NRIs can acquire agricultural land or farmhouses only with special permission from the Reserve Bank of India.

Selling Property in India

Can NRIs sell their property in India without RBI permission?

Yes, NRIs can sell their property without RBI approval, but the buyer should remit funds through proper channels (i.e., NRE/NRO accounts or direct foreign remittance).

Can the proceeds from property sale be repatriated abroad?

Yes, NRIs can repatriate the proceeds of the sale of immovable property (except agricultural land) subject to certain conditions, including the amount not exceeding the original purchase amount in foreign exchange.

Home Loans for NRIs

Can NRIs get loans to buy property in India?

Yes, NRIs are eligible for housing loans in India. The loan amount can be up to 85% of the property's cost, and repayment can be done from foreign earnings or NRE/NRO accounts.

Can NRIs get loans to buy property in India?

Yes, NRIs are eligible for housing loans in India. The loan amount can be up to 85% of the property's cost, and repayment can be done from foreign earnings or NRE/NRO accounts.

Can an NRI take a loan jointly with a relative in India?

Yes, NRIs can take home loans with a resident close relative as a co-applicant. The loan can be repaid by the relative in India.

Can an NRI take a loan jointly with a relative in India?

Yes, NRIs can take home loans with a resident close relative as a co-applicant. The loan can be repaid by the relative in India.

What documents are needed to apply for a home loan?

Documents typically include salary certificates, work contract, valid visa, and bank statements, along with property-related documents.

What documents are needed to apply for a home loan?

Documents typically include salary certificates, work contract, valid visa, and bank statements, along with property-related documents.

Can NRIs take a loan against property in India?

Yes, NRIs can take loans against their Indian property for personal or business purposes, excluding prohibited activities like agriculture or real estate speculation.

Can NRIs take a loan against property in India?

Yes, NRIs can take loans against their Indian property for personal or business purposes, excluding prohibited activities like agriculture or real estate speculation.

What incentives for NRIs investing in Indian real estate?

NRIs have equal opportunities as Indian citizens to invest in residential, commercial, and township projects, with relaxed FDI norms and no restrictions on minimum land area.

What incentives for NRIs investing in Indian real estate?

NRIs have equal opportunities as Indian citizens to invest in residential, commercial, and township projects, with relaxed FDI norms and no restrictions on minimum land area.

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