Vibram Developers

QUICK ENQUIRY NOW

Quick Enquiry Now





















    NRI/PIO/OCI Real Estate Investment

    Are you planning to invest in a property in India? Then count on us. Your search for a better investment medium ends here. Vibrama Developers offers you an ample variety of investment opportunities. We are highly privileged to assist our valued customers living overseas who are looking to invest in properties in India.

    India has come under the spotlight as an excellent investment option. So, the NRIs who are planning to build a dream home in their homeland now have innumerable options to choose from. Investing in a property isn't the only thing, but in the right way plays a major role. Do connect with us for your dream home.

    Why should we invest in India?

    Due to rapid economic growth, higher interest rates, and diversification, it would be a better option to invest in India. The minimum investment requirements for many assets are pretty low in India. Hence, it is easier for NRIs to invest in India.

    When compared to many other developing and far better countries, we receive a higher interest rate in India. So if you invest in India, you can get great returns.NRIs investing in India can be beneficial for all the above reasons.

    Benefits of Investing in India

    Currently, the Real estate market is booming across India. Due to rapid economic growth and also growth in the mutual fund industry, NRIs can benefit more by investing here. They also have various investment options across the cities. So, if any NRI is planning for investment here, they can expect higher interest rates and also tax benefits with long-term gains.

    Vibrama Developers provides you with proper assistance and guides you in the entire process.

    • We value your decision and maintain transparency with the registration and transaction process and maintain utmost privacy regarding all the paperwork and documentation
    • We provide you with all the assistance in giving information about bank loans and assist in the process.
    • Our team will assist you in the hassle-free registration and documentation process and handle all the legal paperwork.

    Are you planning to invest in a property in India? Then count on us. Your search for a better investment medium ends here. Vibrama Developers offers you an ample variety of investment opportunities. We are highly privileged to assist our valued customers living overseas who are looking to invest in properties in India.

    India has come under the spotlight as an excellent investment option. So, the NRIs who are planning to build a dream home in their homeland now have innumerable options to choose from. Investing in a property isn't the only thing, but in the right way plays a major role. Do connect with us for your dream home.

    Why should we invest in India?

    Due to rapid economic growth, higher interest rates, and diversification, it would be a better option to invest in India. The minimum investment requirements for many assets are pretty low in India. Hence, it is easier for NRIs to invest in India.

    When compared to many other developing and far better countries, we receive a higher interest rate in India. So if you invest in India, you can get great returns.NRIs investing in India can be beneficial for all the above reasons.

    Benefits of Investing in India

    Currently, the Real estate market is booming across India. Due to rapid economic growth and also growth in the mutual fund industry, NRIs can benefit more by investing here. They also have various investment options across the cities. So, if any NRI is planning for investment here, they can expect higher interest rates and also tax benefits with long-term gains.

    Vibrama Developers provides you with proper assistance and guides you in the entire process.

    • We value your decision and maintain transparency with the registration and transaction process and maintain utmost privacy regarding all the paperwork and documentation
    • We provide you with all the assistance in giving information about bank loans and assist in the process.
    • Our team will assist you in the hassle-free registration and documentation process and handle all the legal paperwork.

    FAQ’s

    An NRI is a Non-resident Indian who stays in a foreign country for employment or business purposes or stays abroad under certain circumstances for an uncertain duration. Non-resident foreign citizens are at par treated as Non-Resident Indians (NRIs). 

    PIO means a Person of Indian origin who at any time held an Indian passport or whose parents or grandparents are Indian citizens as per the Constitution of India or Citizenship Act, 1955.

    An OCI is a person 

    • who has citizenship of another country, at the same time, held Indian citizenship too. 
    • He/she was eligible for Indian citizenship anytime after or at the time of the commencement of the Indian Constitution.
    • He is a citizen of another country, but belongs to a territory that became part of India after INdependence. An OCI can also buy a property in India.

    According to the RBI guidelines, the following can freely purchase property in India:

    • An NRI (Non-Resident Indian)
    • A PIO
    • An OCI

    As all three categories are referred to as NRIs, any of the aforementioned can buy immovable properties in India.

    According to the RBI guidelines, NRIs are allowed to purchase residential properties and commercial assets. But they are forbidden from purchasing any agricultural lands, farmhouses, and plantations. If they are willing to invest in India and planning to purchase any of the above, they need to specially apply for permission from the RBI.

    NRIs may need the following documents to purchase a property in India

    • PAN Card.
    • Power of attorney (POA)
    • A copy of the passport of the buyer
    • An NRE or NRO account.

    Any NRI who wants to invest in India should own the following documents:

    • Authorized building plan
    • Possession letter from the builder
    • NOC from Electricity Supply, Pollution Control Board, Water Department
    • Occupancy certificate
    • Sale agreement between the builder and previous owner (if applicable)
    • Allotment letter
    • Khata certificate and extracts
    • Encumbrance certificate (in case there is a previous buyer)

     

    Following are the guidelines for an NRI to avail home loan that caters to investment in India:

    • The bank that is providing the loan will decide the period of repayment.
    • RBI or National Housing Bank decides the Rate of interest 
    • The loan amount will not be credited to the NRE/Foreign Currency Non-Resident (FCNR)/Non-Resident Non-Repatriable (NRNR) account
    • Loan installments will be paid through normal banking channels

    Yes. RBI has permitted the NRIs to avail of loans. 

    Yes! Any NRI can buy immovable property in India.

    Yes! PIOs are eligible to buy immovable property in India.

    Any property owned by an NRI is and will be taxable.

    Yes, properties other than farmhouses and agricultural lands can be bought by NRIs.

    NRIs should file income tax returns for investments if:

    • Tax payable income in India during that year is above 1.6 lakhs
    • Short and long-term capital gains from the sale of invested properties or assets were made.

    NRIs who are looking to invest in India will be exempted from filing income tax returns if:

    • Long-term capital gains were from equity mutual funds or shares
    • If tax has been deducted at the source from income through capital gains income or investments.

    If you are an NRI and looking to reap great benefits by investing in a property in India, then Vibrama Developers offers you the best assistance and guides you throughout the whole journey of your investment process.