A guide for NRI & OCI buyers

Many of our enquiries come from Indians living abroad. This page explains, in general terms, the rules that apply to Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). It is not legal advice — please consult your own adviser.

What do the rules say?

Under India's Foreign Exchange Management Act (FEMA) and RBI regulations:

• NRIs and OCIs may generally buy residential and commercial property in India.
• NRIs and OCIs generally cannot buy agricultural land, plantation property or farmhouses, unless specific RBI approval is obtained. Inheritance and gifts from relatives are treated differently.
• Payments must be made through normal banking channels — for example from an NRE, NRO or FCNR account, or by inward remittance.

What does this mean for our projects?

Some of our offerings — such as farm house plots and private estate plots — may not be open to NRI or OCI buyers. Other offerings may be. Because eligibility depends on each property's land classification and approvals, please contact us and we'll confirm which options are open to you before you proceed.

How can I buy from abroad?

• Visit or appoint someone. Visit the site yourself, or appoint a trusted person under a registered power of attorney.
• Documents. You'll typically need your passport, OCI card (if applicable), PAN and address proof.
• Tax. Buyers may need to deduct TDS on payments, and rental income and capital gains are taxable in India. A chartered accountant can advise on your situation.

Contact our team or plan a site visit to discuss your options.

General information only — not legal or tax advice. Rules change; verify with your adviser.