If you are an NRI evaluating South Delhi as an investment market, this page is the buyer's-side ground truth. We have audited 1 project across 1 locality in South Delhi — every audit published as-is, no commission paid by any developer for inclusion. Below: the NRI essentials (FEMA, repatriation, FATCA, tax), the audited inventory, and the localities you should be paying attention to.
NRIs (Indian citizens resident outside India) and OCIs (Overseas Citizens of India) can purchase residential and commercial real estate in India without prior RBI approval, under the general permission of the Foreign Exchange Management Act (FEMA). Agricultural land, plantation property, and farmhouses remain restricted and require special RBI approval irrespective of NRI / OCI status.
Property purchases must be funded through normal banking channels: NRE (Non-Resident External) accounts, NRO (Non-Resident Ordinary) accounts, FCNR (Foreign Currency Non-Resident) deposits, or inward remittance from abroad. Cash payments and traveller's cheques are not permitted. Most lenders offer NRI home loans up to 80% LTV with EMI auto-debited from the NRO / NRE account.
Sale proceeds of up to two residential properties acquired with FEMA-compliant inward remittance / NRE / FCNR funds can be repatriated subject to RBI guidelines. Funds in NRO accounts are repatriable up to USD 1 million per financial year under the prevailing RBI ceiling, after submitting Form 15CA / 15CB to the bank.
NRIs who are US tax residents must report Indian property holdings to the IRS (Form 8938 / FBAR thresholds) and may face additional reporting obligations under FATCA when transacting in India. Coordinate with a cross-border tax advisor — Indian tax law and US tax law treat real-estate gains differently, and the DTAA (Double Taxation Avoidance Agreement) does not eliminate both filings.
Buyers of immovable property worth ₹50 lakh or more must deduct TDS at the prevailing rate from the seller's consideration and deposit it with the government. Long-term capital gains (asset held > 24 months) attract a flat rate with indexation under the current rules; short-term gains are taxed at the slab rate. NRIs selling property face higher TDS on the sale consideration, often refundable on filing return — plan working-capital accordingly.
Every project we list in South Delhi is verified against the relevant state RERA registry. RERA gives NRI buyers the same complaints-and-recovery framework as resident Indian buyers — possession delays, deviation from sanctioned plans, and misleading marketing are all RERA-actionable. Our audit publishes the RERA registration number and any complaints surfaced from the public registry.
This page is a structured summary of an independent audit. Audits reflect our best assessment at the time of publish; property markets are subject to regulatory, financial, and macroeconomic risks. Consult independent legal, tax, and financial advisors before transacting. We do not accept per-sale commissions from any developer — our fee structure is published and contractually disclosed.