For Non-Resident Indians

Invest in Mumbai From Anywhere

Navigating Indian real estate from abroad can feel complex. We simplify every step — from remote site visits to final handover, handled entirely by us.

The Case for Mumbai

Why Mumbai

8.5%

Avg Annual Appreciation

Luxury Residential YoY

93,753+

HNIs

By 2028 (Knight Frank)

20%

Luxury Buyers Are NRIs

Of Mumbai transactions

Mumbai's luxury residential market has consistently delivered appreciation above inflation. For NRIs seeking diversification, tangible assets, and a connection to home, the case has never been stronger.

Process Overview

Legal Process Simplified

FEMA Compliance

Most NRIs can purchase residential property in India freely under FEMA regulations. You do not need RBI approval for residential properties. Commercial property and agricultural land have separate rules — we will guide you through the specific guidelines applicable to your situation.

RERA Registration

All new construction projects above a threshold must be registered under the Real Estate (Regulation and Development) Act. This protects buyers by ensuring developers adhere to approved plans and possession timelines. We only work with RERA-registered projects.

Documentation

You will need: valid passport, PAN card (or undertaking), overseas address proof, and NRE/NRO account for fund transfer. For joint purchases, all co-buyers require the same documentation.

Power of Attorney

If you cannot travel to India for registration, a registered Power of Attorney allows a trusted representative to execute documents on your behalf. We coordinate the entire process with our empanelled legal partners.

This is general guidance only. Please consult a qualified lawyer and Chartered Accountant for advice specific to your situation.

Financial Planning

Tax Considerations

TDS on Purchase

Buyers deduct TDS at 1% for residents (Section 194IA) or higher rates for NRI sellers as applicable. We help you understand your obligations before signing.

Rental Income

Rental income from Indian property is taxable in India. Rates depend on your total Indian income. DTAA treaties with your country of residence may reduce double taxation.

Capital Gains

Short-term gains (held < 24 months) are taxed as income. Long-term gains attract 12.5% without indexation benefit (post-July 2024 rules). Exemptions available under Section 54 on reinvestment in residential property.

Tax laws change frequently. Consult your CA before any transaction.

Our NRI Service

How Aurelion Helps NRIs

Virtual Site Visits

We conduct detailed video walkthroughs of every property, including building common areas, views from each window, and the surrounding neighbourhood. You see exactly what you would see in person.

Documentation Coordination

We coordinate with developers, your CA, your lawyer, and the registrar's office. You sign at your end; we handle everything at ours.

Bank Liaison

From NRE/NRO account setup guidance to home loan processing at Indian banks, we manage the financial coordination so you do not need to be present.

Possession & Handover

When your property is ready, we inspect it on your behalf, document snags, coordinate corrections with the developer, and ensure you receive exactly what was promised.

Common Questions

NRI Frequently Asked Questions

NRIs can freely purchase residential and commercial properties. Agricultural land, plantation property, and farmhouses require special permissions from the RBI and are generally not permitted for NRI purchase. We focus exclusively on residential and commercial luxury properties.

With a properly executed Power of Attorney and digital document signing, you can complete most of the process remotely. You may need to be present for the original property registration in some states, though this too can sometimes be handled via PoA. We assess this case by case.

Under FEMA regulations, NRIs can repatriate up to the original purchase price (in foreign exchange) and capital gains after tax. We coordinate with your bank and CA to ensure the repatriation is structured correctly and compliantly.

All Indian property transactions must be conducted in Indian Rupees. Funds should flow from an NRE or NRO account. Your overseas bank can facilitate wire transfers directly. We provide the exact payment instructions needed.

Book a consultation to discuss your NRI investment strategy

Schedule a Consultation