Can NRIs Buy and Sell Properties in India?
HSN Group – Your Trusted Real Estate Partner
The Indian real estate market has always been attractive to Non-Resident Indians (NRIs), both as an investment and as a way to stay connected to their roots. At HSN Group, we work with many NRI clients — guiding them through every step of buying or selling property in India with complete transparency and legal clarity.
What Can NRIs Buy in India?
As per the Foreign Exchange Management Act (FEMA) rules, NRIs can freely buy certain types of properties in India:
- Residential properties (apartments, villas, plots for residential use)
- Commercial properties (shops, offices, commercial plots)
Note:
- NRIs cannot buy agricultural land, plantation property, or farmhouses unless inherited or gifted.
How Can NRIs Pay for Property?
- Payment must be made in Indian Rupees (INR) through funds in an NRE, NRO, or FCNR bank account in India.
- Payments through traveller’s cheques or foreign currency notes are not allowed.
Selling Property as an NRI
- NRIs can sell residential or commercial property to another NRI, OCI, or an Indian
- Agricultural land, plantation property, or farmhouses can only be sold to an Indian citizen.
- Sale proceeds can be repatriated abroad, but tax rules apply:
- Short-term capital gains: taxed as per slab
- Long-term capital gains: taxed at 20% with indexation.
Documents NRIs Need for Buying/Selling
- Passport C Visa copy
- PAN card
- OCI card (if applicable)
- Address proof (India C abroad)
- Power of Attorney (if transactions are handled by someone in India)
HSN Group Advantage for NRI Clients
We offer end-to-end support so you can invest or liquidate property in India without hassles:
- Legal due diligence on titles C approvals
- Assistance with RERA-compliant projects
- Coordination with banks for home loan processing
- Handling Power of Attorney formalities for overseas clients
- Guidance on capital gains tax s repatriation rules
HSN Group – Making NRI Property Deals Safe, Simple, and Transparent.
From Bengaluru to anywhere in the world, your property journey is in trusted hands.
Can NRIs Buy and Sell Properties in India?
HSN Group – Your Trusted Real Estate Partner
- The Indian real estate market has always been attractive to Non-Resident Indians (NRIs), both as an investment and as a way to stay connected to their roots. At HSN Group, we work with many NRI clients — guiding them through every step of buying or selling property in India with complete transparency and legal clarity.
What Can NRIs Buy in India?
As per the Foreign Exchange Management Act (FEMA) rules, NRIs can freely buy certain types of properties in India:
- Residential properties (apartments, villas, plots for residential use)
- Commercial properties (shops, offices, commercial plots)
Note:
- NRIs cannot buy agricultural land, plantation property, or farmhouses unless inherited or gifted.
How Can NRIs Pay for Property?
- Payment must be made in Indian Rupees (INR) through funds in an NRE, NRO, or FCNR bank account in India.
- Payments through traveller’s cheques or foreign currency notes are not allowed.
Selling Property as an NRI
- NRIs can sell residential or commercial property to another NRI, OCI, or an Indian resident.
- Agricultural land, plantation property, or farmhouses can only be sold to an Indian citizen.
- Sale proceeds can be repatriated abroad, but tax rules apply:
- Short-term capital gains: taxed as per slab rate.
- Long-term capital gains: taxed at 20% with indexation.
Documents NRIs Need for Buying/Selling
- Passport C Visa copy
- PAN card
- OCI card (if applicable)
- Address proof (India C abroad)
- Power of Attorney (if transactions are handled by someone in India)
HSN Group Advantage for NRI Clients
We offer end-to-end support so you can invest or liquidate property in India without hassles:
- Legal due diligence on titles C approvals
- Assistance with RERA-compliant projects
- Coordination with banks for home loan processing
- Handling Power of Attorney formalities for overseas clients
- Guidance on capital gains tax s repatriation rules
HSN Group – Making NRI Property Deals Safe, Simple, and Transparent.
From Bengaluru to anywhere in the world, your property journey is in trusted hands.
