Last updated: 24 October 2026
This guide covers NRI buy property in india and what to check before you decide.
Yes. NRIs and OCI cardholders can generally buy residential and commercial property in India, but not agricultural land, plantation property or a farmhouse. An NRI can buy residential property in India by following five steps: prepare the documents, arrange funding through proper banking channels, decide how the property will be owned, understand the tax, and decide how any power of attorney will work. Each step has rules that change, so confirm current requirements with your bank, a lawyer and a chartered accountant.
The Reserve Bank of India’s guidance on acquisition and transfer of immovable property in India sets out what NRIs and OCI cardholders may buy.
| Property type | NRI or OCI purchase |
| Residential property (flat, house, plot) | Generally allowed |
| Commercial property | Generally allowed |
| Agricultural land, plantation property, farmhouse | Not allowed by purchase |
Step 1: Documentation, what you must have ready: NRI buy property in india
- A valid passport and visa or work permit as proof of non-resident status.
- Proof of address abroad and in India.
- Income documents that your bank asks for, such as recent tax returns, salary slips and your employment contract.
- PAN card and, where required, Aadhaar.
- Photographs and the property documents supplied by the seller.
Step 2: Funding, how to pay for the property
Pay through banking channels, from an NRE, NRO or FCNR account or by transfer from abroad. Many banks and housing finance companies offer NRI home loans, and eligibility, loan-to-value and tenure vary by lender. Compare current terms from more than one lender and keep records of every payment.
Step 3: How joint ownership works for NRIs
An NRI can own a property jointly with a spouse or other family members, subject to the rules for each owner. Ask your lawyer to explain how joint ownership affects the loan, the tax and the sale.
Step 4: Property taxes and income tax for NRIs
Tax rules for NRIs cover TDS on purchase and sale, tax on rent and capital gains, and they change with each Finance Act. Read our NRI legal and tax guide, check the Income Tax Department’s current guidance, and confirm with a chartered accountant.
Step 5: Power of attorney and remote execution
Many NRIs sign a power of attorney so that someone in India can complete the purchase. Keep it narrow, limited in time, and reviewed by a lawyer you trust. Be careful with open-ended powers.
Where to buy: Hyderabad as an NRI destination
Hyderabad has several areas to consider, depending on your plans and your commute. See our guide to choosing an area and our guide to verifying RERA approved projects.
Related Reading
- NRI legal and tax guide
- Property types for NRI buyers
- NRI home buying checklist
- How to Buy Your First Apartment in Hyderabad
Frequently Asked Questions
Can NRIs get a home loan to buy property in India?
Yes. Many banks and housing finance companies offer NRI home loans. Eligibility, loan-to-value and tenure vary by lender, so compare current terms.
What property types can NRIs buy in India?
Residential and commercial property. NRIs cannot buy agricultural land, plantations or farmhouses.
What are the tax implications for NRIs buying property in India?
They cover TDS on purchase and sale, tax on rent and capital gains, and the rules change with each Finance Act. See our NRI legal and tax guide and confirm with a chartered accountant.
Can an NRI use a power of attorney to buy property?
It can be done, but keep the power of attorney narrow, limited in time and drawn up with a lawyer you trust.
Can an NRI buy land in India?
An NRI can generally buy a residential or commercial plot, but not agricultural land, plantation property or a farmhouse. Confirm the land use of the plot before you buy.
Can an NRI buy property in India without visiting?
Many NRIs use a power of attorney to complete the purchase from abroad. See the power of attorney step above, and have the documents reviewed by a qualified lawyer.
