NRI Property Services
Gurugram and Delhi NCR

FEMA, the Foreign Exchange Management Act, governs foreign exchange transactions in India including residential property purchases by non-resident Indians. Proper FEMA compliance ensures that when you eventually sell the property, you can repatriate the sale proceeds to your overseas account. Key requirements include routing purchase payments through NRE or NRO bank accounts, maintaining documentation of the source of funds, and filing any required RBI declarations. Non-compliance at the time of purchase can create complications at the time of sale.

Yes. Corner House facilitates complete remote purchase processes for NRI buyers. We conduct HARERA verification, site visits with video walkthroughs, and developer meetings on your behalf. We provide written reports with all verified data. Registration can be handled through a properly structured power of attorney. We have facilitated purchases for NRI buyers in the UAE, Singapore, the USA, the UK, and Australia without requiring India travel during the research and booking phase. A site visit before possession is recommended but can be planned around your India travel rather than being required upfront.

NRI buyers need: valid passport and visa copies, PAN card (mandatory for transactions above Rs 50 Lakh), NRE or NRO bank account details for payment routing, overseas and India address proof, and a power of attorney if not present for registration. Depending on the source of funds, additional documentation of overseas income may be required by the lender or for FEMA compliance. Corner House provides a complete NRI documentation checklist as part of our onboarding process.

Yes. HARERA protection applies to all buyers of HARERA-registered projects in Haryana, regardless of residency status. NRI buyers purchasing HARERA-registered projects in Gurugram have the same legal rights as domestic buyers: the right to interest on delayed possession at SBI MCLR plus 2% per annum, the right to refund with interest if the project is cancelled, and the right to file complaints with the Haryana RERA authority at haryanarera.gov.in. Every project Corner House recommends to NRI buyers is HARERA-verified before recommendation.

When an NRI buys property in India from a resident seller, TDS at 1% applies. When buying from a developer for an under-construction property, standard TDS rules apply. When an NRI eventually sells the property, the buyer is required to deduct TDS at 20% on long-term capital gains or 30% on short-term gains. We coordinate with tax advisors familiar with NRI property taxation to ensure your purchase and eventual sale are structured correctly. We do not provide tax advice directly, but we can facilitate introductions to appropriate advisors.