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Yes. Under FEMA, NRIs, OCIs, and PIOs are fully permitted to purchase residential and commercial property in India without any prior RBI approval. The only exceptions are agricultural land, plantation property, and farmhouses. Luxury apartments, villas, and commercial units are freely purchasable.

You may use funds held in NRE (Non-Resident External), NRO (Non-Resident Ordinary), or FCNR (Foreign Currency Non-Resident) accounts. Inward remittances through normal banking channels are also accepted. NRE funds are fully repatriable; NRO repatriation is capped at USD 1 million per financial year. Cash transactions are strictly prohibited.

Yes, with conditions. If purchased using NRE or FCNR funds, sale proceeds are fully repatriable after payment of capital gains tax. If purchased from NRO funds, repatriation is subject to the USD 1 million per year limit and requires CA certification (Form 15CA/15CB). We assist all clients through this process.

At purchase: Stamp Duty 7%, Registration ~0.5%, GST 5% on under-construction (nil on ready/resale). On rental income: taxable at slab rates. Capital gains: Short-term (<2 years) at 30%; Long-term (≥2 years) at 12.5% without indexation. Your home country's DTAA with India may further reduce liability.

Yes. RERA applies equally to all buyers regardless of residential status. Every project we represent is Haryana RERA registered — developer funds are held in escrow (70% ring-fenced), delivery timelines are legally binding, and buyers have formal grievance redressal. For overseas buyers who cannot physically monitor construction, RERA is a critical and enforceable protection.

A foreign national (non-Indian origin) cannot independently acquire property in India. They can be a joint owner only if the primary owner is an NRI/OCI/PIO, and cannot be the sole or first named owner. We always recommend a property lawyer to structure joint ownership correctly to avoid title issues at resale.

You can remit funds to India through normal banking channels via SWIFT/wire transfer directly into your NRE or NRO account in India. The funds must come from a legitimate overseas bank account in your name. Key points: always use banking channels (no cash or hawala), retain all SWIFT transfer receipts as proof of foreign remittance — you will need these at the time of resale to repatriate funds. Your Indian bank will issue a Foreign Inward Remittance Certificate (FIRC) for each transfer, which is an important document to keep safely.

TDS (Tax Deducted at Source) rules for NRIs are different from residents. When an NRI sells property: the buyer must deduct TDS at 20% (long-term) or 30% (short-term) on the entire sale value — not just the profit. This is higher than for residents. The buyer deposits this TDS with the government using Form 26QB and issues Form 16B to the seller. If the actual tax liability is lower, the NRI can file an income tax return in India and claim a refund of excess TDS. We strongly recommend engaging a CA for all NRI property transactions to handle TDS correctly.

Yes. OCI cardholders have the same rights as NRIs when it comes to purchasing immovable property in India. They can buy residential and commercial properties freely without RBI permission. The only restriction — same as NRIs — is agricultural land, plantation land, and farmhouses, which require special RBI approval. OCI cardholders can also inherit any property in India, including agricultural land.

Yes, NRIs and OCIs can inherit any property in India — including agricultural land — from a relative, regardless of what they themselves are permitted to purchase. After inheritance, the NRI can hold the property, rent it out, or sell it. Sale proceeds from inherited property can be repatriated subject to the standard limits — USD 1 million per financial year from NRO accounts, with CA certification. If the inherited property was agricultural land, it can only be sold to a resident Indian citizen.

Property management from abroad is very practical with the right setup. Options include: appointing a trusted local person via Power of Attorney to manage the property on your behalf; engaging a professional property management company in Gurgaon who handles tenant finding, rent collection, maintenance, and monthly reporting for a fee of typically 8–10% of monthly rent. Rental income is credited to your NRO account in India. You can repatriate up to USD 1 million per year from your NRO account after paying applicable Indian income tax on rental earnings. We can connect you with reputable property management firms we work with.

DTAA (Double Taxation Avoidance Agreement) is a treaty India has signed with 90+ countries including UAE, UK, USA, Singapore, Australia, and Canada. It ensures you do not pay tax on the same income in both India and your country of residence. For example: rental income from Indian property is taxable in India. Under DTAA, you can claim credit for the Indian tax paid against your tax liability in your country of residence — so you only pay the difference if your home country's rate is higher. To claim DTAA benefits, you need a Tax Residency Certificate (TRC) from your country of residence and must file a return in India disclosing the income. We recommend consulting a CA familiar with both Indian tax law and your country's regulations.

Yes. NRIs can purchase property jointly with a resident Indian — for example, with a spouse, parent, or sibling who lives in India. In such cases, the payment can be made from either the NRI's NRE/NRO account or the resident co-owner's Indian account. The ownership structure and funding source should be clearly documented to avoid complications during resale or repatriation of funds. The NRI co-owner's share of sale proceeds will be subject to the standard NRI repatriation rules. Joint ownership is common and straightforward with proper documentation.

Under RERA, buyers have strong legal remedies for delayed possession. If the developer fails to hand over possession by the date agreed in the builder-buyer agreement, you are entitled to: a full refund of the amount paid with interest (currently SBI MCLR + 2%) from the date of each payment; or you can choose to continue with the project and receive interest compensation for every month of delay until possession. You can file a complaint with the Haryana RERA authority online at haryanarera.gov.in. For overseas buyers, complaints can be filed online — physical presence in India is not required. This is precisely why we only represent RERA-registered projects.