Home
3 Works Properties

NRI Property Purchase Checklist

Step-by-step checklist for NRIs buying property in India: PAN, NRE/NRO, PoA, TDS, registration, and repatriation basics.

Buying residential property in India as a Non-Resident Indian involves banking, FEMA, tax withholding, and documentation steps that differ from a resident purchase. This checklist groups tasks from opening the right accounts through registration and post-possession compliance so you can track progress in one place.

Use it alongside our NRI TDS calculator and total move-in cost tool for numbers, then confirm every step with your bank, chartered accountant, and property lawyer. Developers and lenders may ask for additional papers depending on your country of residence and the project type.

Tick items as you complete them. Progress saves in this browser.

Your progress

0 of 24 done

Saved in this browser only. Confirm each step with your bank, CA, and lawyer.

Step 1 of 6

Identity and banking

Set up the accounts and IDs you need before you pay a booking amount.

0/4

Step 2 of 6

Before you shortlist a project

Reduce surprises on budget, compliance, and who can sign on your behalf.

0/4

Step 3 of 6

Booking and agreement

Due diligence and contract stage for Pune or other Indian cities.

0/4

Step 4 of 6

Tax and withholding

Illustrative planning only. TDS sections, thresholds, and rates change. Final steps depend on seller status (resident vs NRI), consideration, and your CA.

0/4

Step 5 of 6

Registration and possession

Closing stage and handover.

0/4

Step 6 of 6

After possession

Ongoing compliance and if you sell or rent later.

0/4

Frequently asked questions

Can NRIs buy any property in India?

FEMA allows NRIs to purchase residential and commercial property in India, with restrictions on agricultural land, plantation property, and farm houses. Always verify asset class and payment route with your bank and counsel.

Do I need an NRE account to buy property?

Purchase funds usually come via inward remittance from abroad or a debit from your NRE, NRO, FCNR(B), or RFC account, as permitted under FEMA. Your bank will confirm KYC and the correct account for each payment. Liberalised Remittance Scheme (LRS) limits apply to residents sending money out of India, not to typical NRI inward remittances for buying property here.

What is TDS on property for NRIs?

It depends who the seller is. If the seller is an NRI, you generally deduct TDS under Section 195. If the seller is a resident and the consideration is ₹50 lakh or more (per current rules, including aggregation in many cases), you may need to deduct 1% under Section 194-IA and file Form 26QB. Rates and forms change; use our NRI TDS calculator only for Section 195 orientation, then confirm with your CA.

Are OCIs covered by the same steps?

Persons of Indian origin holding OCI cards are generally subject to similar FEMA property rules as NRIs for residential and commercial purchases, with the same restrictions on agricultural land, plantation property, and farm houses. Confirm your residential status and eligibility with your bank and lawyer.

Does progress save on this checklist?

Yes, in this browser only (local storage). It does not sync across devices. Export or screenshot your progress before clearing browser data.

Explore more tools

Free calculators, guides, and checklists for Pune buyers.

Browse all tools

Need help choosing the right project in Pune?

Our advisors curate premium residential options matched to your budget, timeline, and location preferences, with end-to-end support for Indian and NRI buyers.

Speak with an advisorExplore Pune listings