Can NRIs buy residential property in India?

Yes. NRIs and OCIs can purchase residential and commercial property in India without any RBI approval. Agricultural land, plantations and farmhouses require special RBI permission.

Is RBI approval required for the purchase?

No separate approval is needed for residential or commercial property. Payment must move through proper banking channels — NRE, NRO or FCNR accounts — in line with FEMA guidelines.

Which account should I use to pay for the property?

NRE and NRO accounts are both permitted. Funds routed through an NRE account are fully repatriable; NRO funds carry a repatriation limit of USD 1 million per financial year.

Can NRIs take a home loan in India?

Yes. Most Indian banks and housing finance companies lend to NRIs, with EMIs serviced from your NRE or NRO account. BricksNest Capital compares offers on true cost, not headline rate.

How is rental income from Indian property taxed?

Rental income earned in India is taxable in India, with a standard 30% deduction available on net annual value. Double taxation treaties with your country of residence may provide relief — confirm with your tax advisor.

Can I repatriate sale proceeds later?

Yes. Up to USD 1 million per financial year can be repatriated from NRO proceeds after taxes. Purchases funded from an NRE account can be repatriated without that cap, up to the amount invested.

Do I need to travel to India to complete a purchase?

No. e-KYC, digital booking, video site visits and a registered Power of Attorney let you complete the entire journey remotely. We coordinate registration on the ground on your behalf.

What documents will I need?

Passport and visa or OCI card, PAN, overseas address proof, recent photographs, and NRE/NRO bank details. For repatriation, Form 15CA/15CB and proof of tax payment are also required.

BricksNest NRI Desk

Own Property in India, Without Being in India

A dedicated desk for Indians abroad — verified inventory, FEMA and NRE/NRO clarity, virtual site visits and a single advisor in your timezone. From first enquiry to keys and rent, handled end to end.

Book a free NRI consultation Chat on WhatsApp

Verified properties only
FEMA-compliant transactions
Dedicated relationship manager
Virtual tours & online booking

Verified projects only

Title, approvals and RERA checked before any project reaches your shortlist.

Buy from anywhere

Virtual tours, digital booking and remote documentation — no flight required.

One relationship manager

A single named advisor across your timezone, from first call to handover.

After you own it

Tenanting, rent collection, maintenance and updates while you're abroad.

360°

Advisory, start to finish

100%

Transparent, stated pricing

24/7

Support across timezones

Mandatory trips to India

What the desk does

Everything you need. Nothing you don't.

Buying in India from Dubai, London, Singapore or New Jersey should feel no harder than buying from Gurugram. That is the entire design brief for this desk.

HD virtual site visits

Live video walkthroughs, drone footage and floor-plan sessions with an advisor on the call.

Legal & documentation desk

FEMA compliance, Power of Attorney, agreement vetting, registration and TDS — handled step by step.

NRE / NRO payment guidance

Structure payments through the right account so remittance and future repatriation stay clean.

NRI home loans

Compare NRI-eligible lenders on total cost, tenure and prepayment terms through BricksNest Capital.

Timezone-friendly scheduling

Calls and site visits booked around IST, GST, GMT, EST or SGT — your calendar, not ours.

Investment scoring

BricksNest AI models yield, absorption and price trend before you commit capital.

Visit planning

Travelling to India? We compress six site visits into a single well-planned weekend.

Property management

Rental listing, tenant screening, upkeep and quarterly reporting on your asset.

How it works

Simple, transparent and guided

Understand your goal

Budget, purpose, horizon and preferred cities — captured once, in a call that fits your timezone.

Curated shortlist

A handful of verified options matched to your brief, with pricing, scores and risks stated plainly.

Virtual or in-person visit

Live walkthroughs, documentation review and Q&A with the developer where relevant.

Book & document

Digital booking, payment routing through NRE/NRO, agreement vetting and registration support.

Own & earn

Handover, tenanting and management — with regular reporting wherever you live.

Where NRIs invest with us

Curated assets for every investment goal

Rental yield

Managed apartments

Fully managed homes in high-demand micro-markets, selected for immediate letting potential.

Browse verified listings

Lifestyle

Luxury & second homes

Branded residences and villas for family use, retirement or seasonal stays in India.

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Land

Plots in gated townships

Approved, clear-title plotted developments — hold as land, build when you're ready.

Browse verified listings

Income

Commercial & retail

Pre-leased offices and retail with documented tenants and rent escalation clauses.

Browse verified listings

Budget in your currency

See an Indian budget the way you think about money

Enter a property budget in rupees and see the approximate equivalent in your home currency. Indicative only — your bank's remittance rate on the day will apply.

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Property budget (INR)

Convert to

Equivalent value

USD 136,364

Indicative only · your bank's remittance rate applies

Rules, in plain language

Everything you need to know before you buy

Buying as an NRI is governed by FEMA and RBI rules. Our desk walks you through your specific case — this is the plain-language overview to start from.

FEMA rules

What you may and may not buy

Payment routes

NRE / NRO / FCNR

TDS & taxation

Deductions at source

Repatriation

Moving money back

This is a general overview, not tax or legal advice. Consult a qualified CA or advisor for your situation — we can introduce you to NRI-specialist partners.

Can NRIs buy residential property in India?: Yes. NRIs and OCIs can purchase residential and commercial property in India without any RBI approval. Agricultural land, plantations and farmhouses require special RBI permission.
Is RBI approval required for the purchase?: No separate approval is needed for residential or commercial property. Payment must move through proper banking channels — NRE, NRO or FCNR accounts — in line with FEMA guidelines.
Which account should I use to pay for the property?: NRE and NRO accounts are both permitted. Funds routed through an NRE account are fully repatriable; NRO funds carry a repatriation limit of USD 1 million per financial year.
Can NRIs take a home loan in India?: Yes. Most Indian banks and housing finance companies lend to NRIs, with EMIs serviced from your NRE or NRO account. BricksNest Capital compares offers on true cost, not headline rate.
How is rental income from Indian property taxed?: Rental income earned in India is taxable in India, with a standard 30% deduction available on net annual value. Double taxation treaties with your country of residence may provide relief — confirm with your tax advisor.
Can I repatriate sale proceeds later?: Yes. Up to USD 1 million per financial year can be repatriated from NRO proceeds after taxes. Purchases funded from an NRE account can be repatriated without that cap, up to the amount invested.
Do I need to travel to India to complete a purchase?: No. e-KYC, digital booking, video site visits and a registered Power of Attorney let you complete the entire journey remotely. We coordinate registration on the ground on your behalf.
What documents will I need?: Passport and visa or OCI card, PAN, overseas address proof, recent photographs, and NRE/NRO bank details. For repatriation, Form 15CA/15CB and proof of tax payment are also required.

Book a consultation

Talk to the NRI desk

Tell us where you're based and what you're looking for. We'll come back with a verified shortlist and a call slot that works in your timezone — no pressure, no spam.

Reply within one business day

Advisor available on IST, GST, GMT, EST and SGT

Call or WhatsApp: +91 90275 55831

Distance shouldn't cost you clarity.

Talk to the NRI desk once and you'll have a verified shortlist, a payment route and a named advisor in your timezone.

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