India’s real estate market offers high capital appreciation, steady rental income, and favorable exchange rates, making it a lucrative investment for NRIs. With government incentives, seamless digital transactions, and luxury developments, investing in India ensures financial security while keeping you connected to your roots. Whether for future relocation or portfolio diversification, Indian real estate is a smart, future-ready choice.
Stay tuned for updates on when we’ll be visiting a city near you. Check back regularly to catch us at upcoming events!
| Date | Location | Venue | |
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29-11-2025 to 30-11-2025 |
Nairobi, Kenya |
Hyatt Regency, 38 Muthithi Road, Westlands, Nairobi, Kenya |
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15-11-2025 & 16-11-2025 |
Singapore |
InterContinental Singapore 80 Middle Rd, Singapore 188966 |
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09-11-2025 |
Malaysia |
W Kuala Lumpur, 121, Jln Ampang, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia |
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11-10-2025 to 12-10-2025 |
Australia |
Rendezvous Hotel Melbourne VIC 3000 |
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11-10-2025 to 12-10-2025 |
Germany |
Eurostars Grand Central, Munich |
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05-10-2025 |
London |
Hilton London Syon Park, Isleworth, UK, TW8 8JF |
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04-10-2025 & 05-10-2025 |
Belgium |
Hilton Antwerp Old Town, Groenplaats 32, 2000 Antwerpen, Belgium |
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04-10-2025 & 05-10-2025 |
Sydney |
Mantra Parramatta, And, CNR Parkes St. Valentine Ave, Parramatta NSW 2150, Sydney, Australia |
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04-10-2025 |
London |
InterContinental Hotel, Grosvenor Square, London W1K 6JP |
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27-09-2025 & 28-09-2025 |
Hong Kong |
Novotel Citygate 51 Man Tung Rd, Tung Chung, Hong Kong |
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25-07-2025 to 27-07-2025 |
Seattle, USA |
Hyatt Regency, Bellevue, WA, USA |
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17-05-2025 & 18-05-2025 |
New Jersey, USA |
Sheraton Edison, 125 Raritan Center Parkway, Edison, NJ |
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22-03-2025 & 23-03-2025 |
Melbourne, Australia |
Rendezvous Hotel, Melbourne |
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|
08-02-2025 & 09-02-2025 |
Washington, USA |
The Westin Bellevue, 600 Bellevue Way NE, Bellevue, WA 98004 |
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To simplify the property buying journey for our growing base of NRI customers, we have put together a comprehensive set of essential facts, guidelines, and requirements. This consolidated information is designed to make investing in our properties seamless and stress-free.
To simplify the property buying journey for our growing base of NRI customers, we have put together a comprehensive set of essential facts, guidelines, and requirements. This consolidated information is designed to make investing in our properties seamless and stress-free.
To understand the implications of buying a property in India, you need to assess your residential status. There are different definitions of residential status under different categories and under different laws.
This is a broad term used to refer to Indian citizens living abroad. Technically, you need to be away for a certain period of time in a year to qualify as an NRI. The term NRI has been defined under the Foreign Exchange Management Act, 1999 (FEMA) and the Income tax Act, 1961.
“Person resident outside India” means a person who is not resident in India. Person resident in India means one who resides in India for 182 days or more during the preceding financial year. The following are exceptions to this rule:
An NRI is a person who is not resident in India. An individual is deemed to be a resident in India if:
If you are not a citizen of India presently but were in the past or at least one of your parents / grandparents / great grandparents was an Indian citizen, or you are married to an Indian citizen / OCI, you can register as an OCI. You are eligible for certain privileges in India such as a lifelong multiple-entry visa.
A Person of Indian Origin (PIO) refers to an individual (excluding citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, or Bhutan) who:
Owning a home for most of us is a matter of comfort, pride and status. And for those Indians living abroad, buying a home in India is about staying connected to their roots and having a sense of belonging to their native land. No wonder, most Non-Resident Indians (NRIs) wish to purchase a house in India. The currency advantage due to a depreciating Rupee tends to work in favour of NRIs, beefing up purchasing power.
NRIs and OCIs are allowed to acquire and own immovable property (other than agricultural land, plantation property or farmhouse) in India. However, suppose you are a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, Iran, Nepal or Bhutan (and such other countries as may be notified from time to time). In that case, you need prior permission from the Reserve Bank of India to acquire property in India. The basic conditions and restrictions on property ownership by NRIs / OCIs are laid down by the Foreign Exchange Management Act 1999 (FEMA).
REPARTIATION OF NON-RESIDENT INDIANS (NRI’s) INVESTED FUNDS
The Government of India allows Non-Resident Indians (NRIs) to repatriate their invested funds, but there are specific limits and conditions. NRIs can repatriate up to USD 1 million per financial year from their Non-Resident Ordinary (NRO) accounts. This limit applies to principal amounts and does not include interest earned, which can be repatriated separately. There are also specific rules for repatriating funds from property sales, with a similar USD 1 million limit per financial year. While the 60% figure might relate to a specific investment scheme or a general guideline, the primary repatriation limit for NRO accounts is USD 1 million.
The FDI policy, which permits 100% foreign/NRI investment under the automatic route, has further strengthened NRI investor confidence. Banks offer a range of attractive housing loan schemes specifically designed for NRIs, and housing finance companies provide tailored loan products with flexible repayment terms.
Finally, NRIs should exercise caution when choosing their loan provider/financial Institution. Given the geographical distance, it’s essential to partner with a responsive and proactive housing finance company to ensure smooth coordination and service.
A wide choice of home loans is available to NRIs to purchase their home. Each financial institution has its own set of rules and norms.
Following are the key documents needed to apply for a home loan:
Indian passport, birth certificate, or marriage certificate of the applicant’s parent or grandparent, supporting the claim of Indian origin
Under the general permission granted by the Reserve Bank of India (RBI), the following categories are allowed to freely purchase immovable property in India:
This general permission is applicable only for the purchase of residential and commercial properties, and does not extend to agricultural land, plantation property, or farmhouses in India. Overseas Citizens of India (OCIs) are also permitted to purchase immovable property in India, excluding agricultural land, plantation property, or farmhouses.
No, NRIs and PIOs do not have general permission to acquire agricultural land, plantation property, or farmhouses in India. Any such acquisition requires prior approval from the Reserve Bank of India (RBI). These requests are reviewed on a case-by-case basis and are considered in consultation with the Government of India.
Tax on income from immovable property selling / renting
Merely purchasing a property does not incur any income tax liability. However, any income generated from the property is taxable in the hands of the owner. This includes:
These income sources are subject to taxation under the applicable provisions of Indian tax law.
The Government of India allows NRIs, PIOs, and OCIs to purchase property in India under general permission, and no taxes are applicable at the time of acquisition. However, taxes become applicable when the property is rented or sold.
Thus, while purchasing property does not incur tax, NRIs / PIOs / OCIs are required to file returns if they earn taxable income from the property in India.
India has entered into Double Taxation Avoidance Agreements (DTAAs) with several countries to offer beneficial tax treatment for specific types of income. These agreements are designed to prevent the same income from being taxed in both India and the country of residence of the taxpayer.
However, in the case of capital gains from the sale of immovable property, most DTAAs specify that such gains are taxable in the country where the property is located. Therefore, if an NRI sells property situated in India, the capital gains arising from the sale will be taxable in India.
Similarly, rental income from letting out immovable property in India is also taxable in India under most tax treaties, as the property is physically located within Indian territory.
In summary, under DTAA provisions, capital gains and rental income derived from Indian property by NRIs are generally subject to taxation in India, regardless of their country of residence.
Yes, both long-term and short-term capital gains are taxable in the hands of Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs). The applicable tax rates and conditions are governed by Indian tax laws and may vary based on the duration of property ownership and the nature of the asset sold.
Type of asset: Includes house property, land and building, jewelry, development rights, etc.
Rate of tax deduction at source (TDS):
Exemption available (only for long-term capital gains):
Capital gains from sale of a residential house can be reinvested in another residential property within the prescribed time. The exemption is limited to the amount of gains or the investment, whichever is lower. Alternatively, investment in specified bonds (e.g., NHAI or REC) up to ₹50 lakhs also qualifies for exemption.
When a non-resident pays capital gains tax in India, the same income is typically reportable in their country of residence. However, under the applicable Double Taxation Avoidance Agreement (DTAA), the taxpayer is generally eligible to claim a foreign tax credit for the tax paid in India.
The exact credit amount depends on:
This USD 1 million facility may also be used for repatriating capital gains even if the property was originally acquired via funds remitted through NRE/FCNR(B) accounts or normal banking channels.
Yes, rental income is repatriable as it qualifies as a current account transaction. Repatriation is allowed after deduction of applicable taxes and upon submission of a certificate from a practicing Chartered Accountant confirming compliance with tax laws.
While rental income is freely repatriable, the repatriation of sale proceeds of immovable property is subject to RBI conditions. Specifically, the repatriated amount cannot exceed the original amount paid for acquiring the property in foreign exchange through normal banking channels or via NRE/FCNR(B) accounts.
Yes, NRIs, PIOs, and OCIs can avail housing loans from authorized dealers or housing finance institutions in India approved by the National Housing Bank, subject to the following conditions:
If you are an NRI, OCI, or PIO, you are required to file an income tax return in India if either of the following applies:
Note: The higher exemption limits available to senior citizens and women are applicable only to Resident Indians, not to Non-Residents.
Yes, there are two key exceptions where NRIs / PIOs / OCIs are not required to file a tax return in India:
Tip:
You may still choose to file a return if you want to claim a tax refund. For example:
In such cases, filing a return helps you recover excess tax paid and optimize your tax liabilities.
Traditionally, NRIs could file their tax returns by authorizing a representative in India through a Power of Attorney, or by mailing documents to a tax consultant who would handle the filing process.
However, the most convenient and efficient way today is to file tax returns online. Several secure and user-friendly platforms are now available, enabling NRIs to file directly from abroad, with minimal paperwork and faster processing.
Indicative List of Documents Required for Home Loans
Salaried Individuals / Self-Employed Individuals:
