Delhi NCR has always been one of the top real estate destinations for Non-Resident Indians (NRIs). With infrastructure upgrades, global connectivity, and high rental yields, Gurgaon, Noida, and Greater Noida have emerged as hotspots for property investment. However, NRIs need to follow a structured checklist to ensure smooth transactions and secure investments.
1. Understand the Legal Framework
Eligibility: Under FEMA (Foreign Exchange Management Act), NRIs and OCIs are permitted to buy residential and commercial properties in India.
Restrictions: Agricultural land, plantation property, and farmhouses cannot be purchased.
Taxation: Be aware of TDS, capital gains tax, and the Double Taxation Avoidance Agreement (DTAA) benefits.
2. Choose the Right Location
Gurgaon: Strong corporate hub, high rental income, luxury and premium projects.
Noida: Affordable housing, IT/industrial hubs, proximity to Jewar Airport.
Greater Noida: Emerging residential corridors, better infrastructure, and long-term value growth.
3. Check Developer Credibility
Verify if the builder is RERA-registered.
Review past projects, delivery timelines, and customer feedback.
Prefer reputed developers to minimize risks of delays or disputes.
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4. Secure Home Financing
Many Indian banks offer home loans to NRIs, but eligibility depends on income, credit history, and country of residence.
Compare interest rates and loan-to-value (LTV) ratios before applying.
Keep documents like passport, visa, overseas address proof, and income proofs ready.
5. Appoint a Reliable Power of Attorney (PoA)
If you cannot be physically present in India, appoint a trusted PoA holder to handle documentation, registration, and bank formalities.
Ensure PoA is legally notarized and registered in India.
6. Verify Property Documents
Title deed and ownership history.
RERA registration certificate.
Approved building plans and occupancy/completion certificate.
Encumbrance certificate to ensure the property is dispute-free.
7. Plan for Taxation & Repatriation
Rental income is taxable in India and can be repatriated under RBI guidelines.
Capital gains tax applies on sale; however, DTAA can help reduce double taxation.
Consult a tax advisor for compliance and repatriation planning.
8. Stay Updated on Infrastructure Growth
Projects like Delhi-Mumbai Expressway, Noida International Airport, and Metro expansions are driving property demand in NCR. Choose locations aligned with these growth corridors for better appreciation.
Final Thoughts
For NRIs, Delhi NCR offers a wide spectrum of opportunities—from affordable housing in Greater Noida to luxury apartments in Gurgaon. Following a proper checklist ensures your investment is legally compliant, financially viable, and positioned for future growth.
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