Buy in Tricity without flying down.

What is genuinely different when you buy from abroad

Three things, and none of them are the property itself.

You can’t inspect it. So we do a recorded walkthrough on video call, and we send the unflattering angles too — the service lift lobby, the parking ramp, the view from the balcony that faces the next tower. If a project has a problem, you should see it before you pay, not after.

You can’t sign in person. Registration in Punjab requires physical presence or a registered power of attorney. We prepare the POA, get it attested at your nearest Indian consulate, and adjudicate it here. Budget three to five weeks for this — it’s the longest pole in an NRI purchase and the reason people miss booking windows.

Your money moves differently. Payments must come from an NRE, NRO or FCNR account, or by inward remittance. You cannot buy agricultural land, plantation property or a farmhouse — RBI does not permit it for NRIs and PIOs regardless of what anyone tells you. Repatriation is capped at two residential properties for sale proceeds.

Tax, plainly

TDS on your purchase from a resident seller is 1% above ₹50 lakh. When you eventually sell, the buyer must deduct TDS at 20% plus surcharge on long-term gains — considerably more than the 1% a resident seller faces, which surprises people. You can apply for a lower deduction certificate under Section 197, and you should; we’ll connect you with a CA who does this regularly.

None of the above is tax advice. It’s the shape of the problem so you know what to ask your own advisor.

NRI home loans

Most of our lender panel offers NRI products. Rates typically run 0.1–0.25% above resident rates, tenure caps at 15–20 years rather than 30, and lenders want a resident co-applicant or POA holder. We compare across the panel the same way we do for anyone else.