NRI Guidelines – Investing in Your Dream Property with Royal Civil Tech
Welcome to Royal Civil Tech, a reputed construction company based in Chennai with years of experience delivering high-quality residential and commercial projects. We understand that NRIs often have unique concerns when investing in property back home, including trust, legal compliance, financial procedures, and timely delivery. These NRI Guidelines are designed to help you make informed decisions and invest with confidence.
As an NRI (Non-Resident Indian), you are allowed to purchase:
- Residential properties
- Commercial spaces
- Under-construction projects
Note: You cannot buy agricultural land, farmhouses, or plantation properties in India without RBI approval. Ensure funds are remitted through permitted banking channels (NRE/NRO/FCNR)
Before you invest, it’s important that:
- The project is registered under RERA (Real Estate Regulatory Authority) whenever applicable — ensuring transparency in pricing, timeline, and approvals.
- You review the Agreement for Sale carefully with legal counsel.
- All documents, title clearances, and building approvals are verified.
Tip: NRIs should avoid ambiguous clauses and ensure there are clear timelines for project delivery and defect liability periods.
Since being physically present in India may not always be possible:
You can grant a registered Power of Attorney to a trusted relative, legal representative, or agent to manage:
- Documentation
- Registration
- Payments
Ensure that the POA is limited in scope and drafted with legal advice so it protects your interests.
When purchasing property in India:
- Payments should be made from NRE/NRO/FCNR accounts to comply with FEMA regulations.
- TDS (Tax Deducted at Source) may apply on the property purchase.
- Stamp duty and registration charges must be paid during property registration.
NRIs must also consider income tax on:
- Rental income (if applicable)
- Capital gains tax on any future sale
It’s advisable to consult a tax professional regarding Double Taxation Avoidance Agreements (DTAA) between India and your country of residence.
Investing in an under-construction project from abroad means:
- Regular updates from the builder
- Photo/video documentation of construction progress
- Transparent timelines
Royal Civil Tech prioritizes project transparency and provides frequent updates to NRI clients throughout the construction lifecycle.
Under RERA rules (where applicable), builders are required to use escrow accounts for project funds — meaning:
- Your payments are used only for the project you invest in
- Enhanced financial discipline and reduced risk for buyers
This offers an added level of security, especially important for NRIs who cannot oversee progress physically.
If there’s any unexpected delay or issue:
- Online complaints can be filed under RERA
- Consumer forums and legal avenues provide recourse
- Ensure your agreement includes compensation clauses for delayed delivery
Royal Civil Tech believes in transparent dealings and ethical practices, making it easier for NRI homebuyers to raise concerns and secure support throughout the process.
As a trusted builder in Chennai with diverse residential and commercial projects — from Royal Paradis to Royal Natura and more — Royal Civil Tech offers:
- Reliable construction quality
- Strategic locations across Chennai
- End-to-end project management
- Transparent documentation & approvals
- Dedicated support for NRI investors
If you’re an NRI looking to invest with confidence, reach out to Royal Civil Tech: