Buying Property in Bangalore as an NRI

NRIs can buy residential and commercial property freely. They cannot buy agricultural land, plantation property or a farmhouse under FEMA rules — inherited agricultural land is treated differently, so check your specific situation with your advocate.

Payment has to come through banking channels — typically an NRE, NRO or FCNR account, or inward remittance — rather than cash. Your bank and CA will confirm the right channel for your specific purchase.

Yes, above a sale-value threshold — but the rate and threshold are different again if you, the buyer, are an NRI purchasing from a resident seller versus purchasing from another NRI seller. Confirm which scenario applies to your purchase with your CA.

The relief introduced around that date is specifically for buyers purchasing from NRI sellers, and does not extend to NRIs buying from a resident seller — an important distinction. See our dedicated page on the change for details.

In a resale, you buy directly from the current registered owner. In an assignment sale, you take over an existing buyer's agreement with the developer for a unit that hasn't been registered to them yet — the paperwork, developer NOC and timing all work differently, and it's worth having someone experienced with assignments involved.

This depends entirely on the terms in the EOI form or booking agreement you sign — some are non-refundable past a point. Read the specific terms before you pay anything, since an EOI is typically taken before RERA registration exists and may not carry the same protections as a RERA-registered booking.

Verify its RERA registration number on the Karnataka RERA portal, check the developer's delivery track record on past projects, and have your advocate review the sanctioned plan and agreement before you commit funds.

Yes — we coordinate shortlisting and video walkthroughs, and sequence the paperwork so you can complete a purchase using a Power of Attorney if you can't be here in person.