- Residential property
- Commercial property
- Held individually or jointly with another eligible NRI/OCI
The NRI desk
Invest from anywhere. Own with clarity.
Living abroad? Indian law (FEMA, the Foreign Exchange Management Act) lets NRIs, OCIs and persons of Indian origin own residential and commercial property in India. You get the same live progress and clean paperwork every Ameya buyer receives, wherever in the world you are.
“Distance shouldn’t dilute ownership.”
What you can own
Can you invest? In plain terms
- You are an NRI, OCI cardholder or person of Indian origin
- The property is residential or commercial (not agricultural)
- Funds are routed via your NRE / NRO / FCNR account or inward remittance
- No special RBI approval needed for most purchases
Eligibility is by status, not by where you currently live. NRIs, OCI cardholders and persons of Indian origin may acquire property under the RBI’s general permission, no special approval needed for most purchases.
- Agricultural land
- Farmhouses
- Plantation property
NRIs, OCI cardholders and persons of Indian origin. Status is what matters, your current country of residence does not change your eligibility to own most property in India.
How payment works
Payments move only through the banking system, your NRE, NRO or FCNR accounts, or by inward remittance. No cash, and nothing routed outside formal channels.
- NRE / NRO / FCNR accounts
- Inward remittance through normal banking channels
- Every rupee traceable and documented
- PAN card
- Passport and OCI / PIO proof
- NRE/NRO account details
- Power of Attorney if you can’t be present
Indian banks and NBFCs finance NRI purchases, repayable through your NRE/NRO accounts, subject to each lender’s eligibility norms.
Taking proceeds back out
If you bought it cleanly and paid your taxes, you can take your money home, within defined limits. We help you keep the paperwork right from day one.
Sale proceeds of up to two residential properties are repatriable, subject to conditions. Funds in an NRO account are repatriable up to USD 1 million per financial year, after applicable taxes and with the required filings.
- The property was acquired in line with FEMA
- Repatriation of the first two units is limited to the amount originally remitted to buy them
- Applicable taxes paid; forms 15CA / 15CB filed
Clean acquisition plus clean tax records equals a clean exit. The constraints are about documentation and limits, not about whether you can repatriate at all.
“Own it from your phone. We’ll handle the ground.”
What the NRI desk gives you
The same standard of certainty, delivered remotely, with one person accountable to you across time zones.
- Live, dated construction progress
- Remote site walkthroughs on video
- Digital documentation and e-sign where permitted
- A single point of contact across time zones
Indian real estate can offer capital appreciation and rental income, in the Basaveshwara Nagar belt, for instance, rental values have moved roughly 10% over the past seven months. Still, returns depend on the project, the market and your timing. We share data and live progress, not promises or projected percentages.
- Enquiry & eligibility check
- Choose unit & payment plan
- Documentation & remittance
- Registration & handover
- Aftercare, and, if you sell, repatriation support
General information only, not tax, legal or investment advice. FEMA and RBI rules change and apply to your specific circumstances. Please take independent professional advice before investing. Ameya Heights does not guarantee any return, appreciation or repatriation outcome.
Questions
Common NRI questions
Do I need to be in India to buy?
No. You can complete a purchase remotely with a Power of Attorney where needed, and we provide dated construction progress and video walkthroughs so you can follow along from anywhere.
Can I take my money back out later?
Yes, within FEMA limits. Proceeds from up to two residential properties are repatriable, and NRO funds up to USD 1 million per financial year after applicable taxes and filings, provided the property was acquired cleanly.
Which documents will I need?
Typically your PAN card, passport and OCI / PIO proof, NRE / NRO account details, and a Power of Attorney if you cannot be present. We will give you the exact checklist for your situation.
NRI desk
Wherever you are, let’s start the conversation.
Share a few details and the Ameya NRI desk will reach out, by email, call or WhatsApp, whatever suits your timezone.
WhatsApp the team
NRI@ameyaheights.com · +91 99629 65000
Enquire from anywhere
Thank you, the Ameya NRI desk has your details and will be in touch shortly.
Further reading
