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Understanding the Process: How NRIs Can Buy Property in India

If you are a Non-Resident Indian or an NRI buying property in India, you need to conduct in-depth research. However, when you buy, ensure that it is a residential property and that all property papers are in order. Considering this, the best idea to secure your investment would be to invest in luxury homes in India. Repute realtors develop these properties; you can be assured that all papers will be in order. Some factors you must remember while asking how NRI can buy property in India. 

Finance for the property

As an NRI, purchasing luxury homes in India is relatively easy as you are financially secure. However, there are a few things that you must keep in mind. To buy the property in INR, you must ensure the funds are managed under the Foreign Exchange Management Act (FEMA) and the Reserve Bank of India (RBI) regulations. This means you must have a separate Non-Resident Account from where you can make the transaction. 

You can also purchase and gift the property to any relative living in India. You must provide the necessary funding and transaction details and ensure the relative has paid the taxes needed. As an NRI buying property in India, you do not have to inform the Central Bank of the purchase. You must ensure the funds are in place and the money is paid from acceptable Non-Resident Accounts. This will simplify the process, and you will find that you get property ownership faster.

Documentation necessary to purchase property in India

There are no particular documents necessary to purchase property in India. As an NRI, you must provide your passport details to the realtor while purchasing. If you plan to buy a property in India in partnership with a family member, you must also provide his details. In most cases, these details are necessary when you execute a Power of Attorney or POA to simplify taxation. He needs to make the purchase process more straightforward, and he will help you with the details.

How can NRI buy property in India?

If you are wondering how NRI can buy property in India, the simplest way to answer this question would be to ensure that you adhere to the rules and regulations governing the purchase. First, you must identify a suitable property and seek legal assistance to make the purchase easier. If the objective of your purchase is an investment, it is essential to ensure that the property is in a premium area so that you get the maximum returns. You must consider hiring a property manager to maintain the property. Thus, evaluating the whole purchasing process and maintaining the property is essential when you buy it as an NRI.


To purchase a property in India, you must discuss your requirements with a reputed realtor. This way, you will get access to the region’s best properties and be assured that your investment will be safe. You will find that this helps in the long run and will not get into any legal issues.