NRI Real Estate Investment FAQs
At EARA Group, we understand that Non-Resident Indians often seek opportunities to stay connected to their homeland through meaningful investments. This NRI FAQ real estate India guide is created to make that journey clearer.
Our team supports NRI buyers with the right guidance on property regulations, documentation, and investment procedures in India.
1. Can NRIs purchase property in India?
Yes. Non-Resident Indians and Overseas Citizens of India can purchase residential and commercial properties in India, subject to RBI rules for NRI property and FEMA regulations.
2. Can NRIs buy plots in India?
NRIs are allowed to purchase residential plots in approved plotted developments but cannot buy agricultural land, plantation property or farmhouses unless inherited.
3. Can NRIs invest in EARA plotted developments?
Yes. NRIs can invest in residential plots offered by EARA Group, subject to compliance with FEMA regulations for NRI plots, RBI guidelines, and applicable project approvals.
4. Do NRIs need to be present in India?
No. NRIs can complete the purchase process remotely by appointing a trusted representative through Power of Attorney for NRI India transactions.
5. How can NRIs make payments?
Payments must be made through NRE accounts, NRO accounts or inward remittance via approved banking channels according to RBI guidelines.
6. Can NRIs avail home loans?
Yes. Many banks and housing finance institutions in India offer home loans to NRIs for purchasing residential properties.
7. What documents are required?
Documents typically include passport, visa or OCI card, PAN card, overseas address proof and passport-size photos.
8. What taxes apply?
NRIs must pay applicable stamp duty and registration charges during purchase and capital gains tax during resale.
9. Can NRIs repatriate funds?
Yes. Funds from property sale can be repatriated through NRE or NRO accounts subject to RBI regulations and taxes.
10. How does EARA assist NRI buyers?
EARA Group provides guidance on documentation, regulatory requirements, NRI RERA property details, and purchase procedures to ensure a seamless investment experience.