NRI FAQs


» Can NRIs Invest in India?
NRIs can make investments in India in consonance with Indian law, RBI rules and regulations as well as other regulations set forth by the Foreign Investment Promotion Board (FIPB).

» Can NRIs obtain loans for buying flat for residential purpose from financial institutions?
RBI has allowed certain financial institutes to grant housing loan to NRI for purchasing flats.

» Can NRI sell the property without the permission of Reserve Bank?
Yes, Reserve Bank has granted general permission for sale of such property.

» Can NRI dispose of residential property by way of gift?
Yes. Reserve Bank has granted general permission of two houses to foreign citizen of Indian.

» Can NRI acquire commercial properties in India?
Yes. Under the general permission granted by Reserve Bank properties other than

» How much loan can one get?
You can get a Home Loan of up to 80% of the Total Consideration Value. This may vary from Bank to Bank.

» Can a Power of Attorney be given to a person in India by NRI for loan formalities on their behalf?
Yes, Financial institutions providing housing finance do allow Power Of Attorney to do the Housing Loan formalities within their prescribed format.

Pune - An investor's haven
    • The second largest city in the state after Mumbai, is known for its economical and industrial importance
    • This cultural capital of the state offers a mix of the modern intertwined with the old
    • Favourable connectivity to Mumbai, the commercial capital of India
    • With numerous educational institutes, the area appreciates a thriving educational culture
    • In convenient proximity to Pune's fast developing IT hub
    • Pune is a booming economy, with the population of investors constantly on a rise
    • Hadapsar is a bustling industrial hub with upcoming industrial giant estates


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