Many of our enquiries come from families in the Gulf, Singapore, the UK and the US who want to own a holiday property back home. The good news: NRIs can buy property in India – as long as it is the right kind of property.
What NRIs and OCI card holders can buy
Under India’s foreign exchange rules (FEMA), Non-Resident Indians and Overseas Citizens of India can buy residential and commercial property, including approved residential plots, without special permission from the Reserve Bank of India.
What NRIs cannot buy
NRIs and OCI card holders cannot buy agricultural land, plantation property or farmhouses in India, except in limited cases such as inheritance. This is why it matters what the land is classified as – always check before you pay.
How to pay
Payment must come through normal banking channels – typically from money sent to India or from your NRE, NRO or FCNR account. Cash and third-party payments should be avoided.
Buying without flying down
- Video site tour: walk the land with the site team on a live call.
- Documents online: approval and title papers are shared for your advocate to review.
- Registration: register on your next visit, or through a Power of Attorney holder as advised by your advocate.
NRI buying at Amaya River Retreat
Amaya River Retreat at Agali, Anaikatti offers DTP-approved, RERA-registered residential plots from 7 cents at ₹5.40 lakhs per cent. With professional hospitality management, NRI owners can enjoy a holiday property in India and explore a rental-income opportunity when they are away. See our NRI investors page for how it works.
This article is general information, not legal or tax advice. Please confirm your individual situation with an advocate or chartered accountant.
Plan your visit: call or WhatsApp +91 93423 14323, or send an enquiry to book a site visit or a live video tour of Amaya River Retreat.