India Properties

Yes. NRIs can freely purchase residential and commercial property in India without RBI approval. They cannot buy agricultural land, farmhouses, or plantation property, though they may inherit such property.

Yes. Several Indian banks and housing finance institutions offer home loans specifically for NRIs, typically covering up to 80% of the property value, subject to income and documentation checks.

Yes, subject to RBI limits. NRIs can repatriate up to USD 1 million per financial year from an NRO account, and sale proceeds of up to two residential properties can be repatriated if the original purchase was funded through foreign exchange channels.

Yes. OCI cardholders have nearly the same property rights as NRIs — they can buy residential and commercial property, but not agricultural land, farmhouses, or plantations.

No. A tourist visa holder cannot buy property in India; a qualifying residency status (NRI, OCI, or a foreign national resident in India for over 182 days) is required under FEMA regulations.

Generally, no. Foreign nationals of non-Indian origin who reside outside India cannot buy immovable property in India without specific RBI approval, except through inheritance from a resident Indian. The main routes for overseas buyers are the NRI and OCI categories.

No, not for residential or commercial property. RBI approval is only required for foreign nationals who are not NRIs/OCIs, and for property types outside the standard NRI-permitted categories.

No. Real estate investment is not a valid pathway to Indian residency. India's Permanent Residency Status (PRS) scheme requires a minimum $1.5 million investment in a business or enterprise generating local employment — not property purchase.

Yes. A PAN card is mandatory for property registration, tax payments, and any financial transaction related to the purchase.

Commonly required documents include a valid passport, OCI card (if applicable), PAN card, proof of address, and an NRE or NRO bank account to route the payment through official banking channels.

Buyers pay stamp duty and registration charges at purchase. On sale, capital gains tax applies — properties held over 24 months are taxed as long-term capital gains, typically at 20%, with TDS deducted at the time of sale.