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arrow Property Purchase Guide for NRI
Anytimeproperty.com’s NRI section is solely designed keeping in mind NRI investment necessities. We give you a choice to choose from a range of housing projects offered by the best of real estate developers from India.

Q1. Who is an NRI?

Q2. Who is a foreign citizen of Indian Origin?


Q3. What should a consumer keep in mind while purchasing a housing flat?

Q4. Checklist for buying a residential property?

Q5. Do NRI's require consent of Reserve Bank to buy immovable property in India?

Q6. In what way the purchase consideration for the immovable property should be paid under the general permission?

Q7. Is there any limit on the number of housing properties that may be purchased by an NRI?

Q8. What are the guiding principle for getting hold of agricultural land / plantation property / farmhouse by NRI’s and foreign citizens of Indian origin?


Q9. Can a home/land be sold without the permission of Reserve Bank?

Q10. Can sale proceeds of such property if and when sold be remitted out of India?

Rent Out

Q11. Can NRI's/PIO's rent out the properties (residential/commercial) if not required for immediate use?


Q12. Does RBI have any guidelines for loans to NRI's/PIO's?

Q13. Can authorized dealer grant loans to NRIs for purchase of a flat/house for residential intention?

Q14. Can authorized dealer grant housing loan to NRI's where he is a principal borrower with his resident close relative as a co-applicant / guarantor or where the land is owned jointly by such NRI borrower with his resident close relative?

Q15. What are the documents I have to submit along with the application?

Q16. Can an NRI take loan against the security of immovable property in India? Are there any restrictions on the use of loan amount?

Q17. What kinds of incentive can NRIs, PIOs and foreigners look forward to in the Indian real estate industry that favours investment?

Q18. Is there any specific target to actually complete your construction development work?

Q19. How does the automatic route work?

Q20. What aspects should overseas investors look at in the Indian real estate market to facilitate the suitability of their projects?

Q21. What are the steps an NRI should follow for getting all the clearances in a hassle-free manner? Whom should one meet in the process?

Q22. Is a single window clearance possible?

Q23. How is the sanctioning authority and monitoring authority different in India?

Q24. Do joint ventures call for better possibilities rather than unfair competition?

Q25. Does that signify that, joint ventures best investment option in Indian real estate development?

Q26. What two or three major things would catapult development in the next 5 to 10 years?

Q27. Some information about Investment Property and Rental Income?

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