NRI & OCI Property Investment Guide
A definitive legal roadmap for Non-Resident Indians to buy, remotely manage, and repatriate funds from Indian real estate with 100% FEMA compliance.
Investing in India's High-Growth Real Estate Corridors
With landmark infrastructure projects like the Noida International Airport at Jewar, the Agra-Lucknow Expressway, and the Vrindavan Spiritual Corridor, Western Uttar Pradesh has become one of North India’s top wealth-generation hubs for NRIs living across North America, the Middle East, Europe, and Asia-Pacific.
Key Highlights for NRIs
- Zero RBI Permissions: Buy unlimited residential & commercial units
- Repatriation: Full principal + capital gains repatriable via NRE/NRO
- Remote Buying: 100% executable through Power of Attorney (POA)
- Tax Benefits: Section 80C & Section 24 home loan interest deductions
- High Rental Yield: Strong demand for corporate, doctor & luxury rentals
How NRIs Can Buy Property in India Remotely
Account Setup
Maintain an NRE (Non-Resident External) or NRO account with an authorized Indian bank. All transactions occur legally via inward remittances through standard banking channels.
Power of Attorney (POA)
Execute a Special Power of Attorney in favor of a family member or Balaji legal representative. Get it attested at your nearest Indian Embassy/Consulate with zero travel required.
Virtual Site Visits
Experience high-resolution 360° virtual walkthroughs with our senior property consultants, with complete verified digital copies of UP RERA and ADA sanction papers.
Registry & Custody
Your appointed attorney executes the registered sale deed at the local Sub-Registrar Office in Agra or Mathura. Original title deeds are securely couriered to your overseas address.
Repatriation & Taxation Guidelines
Under FEMA regulations, sale proceeds of up to two residential properties purchased using foreign inward remittance (NRE account) can be repatriated freely outside India. Capital gains can be remitted up to USD 1 million per financial year through Form 15CA/15CB certified by a Chartered Accountant.