Pebbles II Blog | Pune Real Estate

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

NRI Property Investment in Pune

Posted by on in Buy property in Pune
  • Font size: Larger Smaller
  • Hits: 12947
  • Subscribe to this entry
  • Print

FEMA- Permissible investments for NRIs As per the provisions of Foreign exchange Management Act (FEMA), NRIs can freely invest in real estate as follows:

  • Up to 100% in an Indian company in the business of real estate development with full repatriation benefits i.e. both the business profits and sale proceeds of original investment can be repatriated. Real estate development means construction of residential and/or commercial properties, office complexes, etc. Mere trading in properties is not permitted. Further construction of farmhouses is not permitted.
  • Acquire residential / commercial properties in India by way of purchase/gift/inheritance from a resident Indian or a NRI. Agricultural land, plantation and farmhouse cannot be acquired by a NRI except by way of inheritance. There are no restrictions on letting out of properties and repatriation of income thereon after payment of taxes. The provisions relating to repatriation of sale proceeds are as follows:
  1. Sale proceeds of property acquired by way of inheritance can be repatriated without any lock in period up to USD 1 million per calendar year.
  2. Sale proceeds of property acquired out of Rupee resources is permitted to the extent of USD 1 million per calendar year subject to the condition that the property/sale proceeds of property should have been held in India cumulatively for a period of 10 years.
  3. Sale proceeds of immoveable property acquired out of Forex resources can be repatriated without any lock in period to the extent of equivalent oreign exchange originally invested. The profits can be repatriated to the extent of USD 1 million per calendar year. In case of residential properties, repatriation is restricted to two such properties.


Take a green step towards nature. Take a step towards Pebbles II

Invalid Input
Email (*)
Invalid Input
Mobile No (*)
Invalid Input
Looking for
Invalid Input
Invalid Input
Captcha (*) Captcha
Invalid Input

Feel free to contact our customer care @ +91 9767 170 000

A project by

buy property in pune

Blog posted from Pebbles II, Bhunde Vasti, Bavdhan, Pune, Maharashtra 411021, India View larger map
Open Chat
Close chat
Hello! Thanks for visiting us. Please press Start button to chat with our support :)