{"id":147,"date":"2022-05-04T06:38:56","date_gmt":"2022-05-04T06:38:56","guid":{"rendered":"https:\/\/nbrdevelopers.com\/stage\/blog\/important-tips-for-nris-buying-property-in-india\/"},"modified":"2024-05-29T11:45:03","modified_gmt":"2024-05-29T11:45:03","slug":"important-tips-for-nris-buying-property-in-india","status":"publish","type":"post","link":"https:\/\/www.nbrgroup.in\/blog\/important-tips-for-nris-buying-property-in-india\/","title":{"rendered":"Important tips for NRIs buying property in India"},"content":{"rendered":"<ul>\n<li style=\"text-align: justify;\">Are you a non-resident Indian who is interested in purchasing property in your home country? There are some very important points that you should know:<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify;\">As an NRI, you have all the rights to purchase a commercial or residential property. However, you will not be able to buy agricultural land or plantation properties.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify;\">There is no upper limit as to how many residential or commercial properties you can buy in India.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify;\">According to the regulations of the RBI, you need to pay 20% of the property value and the remaining 80% needs to be financed by a bank or a financial institution. Your loans will be given in Indian currency and repayment has to be made in the same currency.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify;\">If you are planning to <a href=\"https:\/\/www.nbrdevelopers.com\/apartments-for-sale-in-bangalore\/\">purchase an apartment<\/a> that is still under construction, then you may have to give the builder or any other trusted person the power of attorney to make the relevant decisions.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify;\">You can let your property for lease and rent and use the income to repay your home loan<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Are you a non-resident Indian who is interested in purchasing property in your home country? There are some very important<\/p>\n","protected":false},"author":1,"featured_media":73,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Important tips for NRIs buying property in India - Real Estate Insights &amp; Updates | NBR Group Blog<\/title>\n<meta name=\"description\" content=\"Essential tips for NRIs purchasing property in India. Simplify the process and find your ideal home seamlessly. 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