Invest from anywhere. Own with clarity.
Living abroad? Indian law (FEMA, the Foreign Exchange Management Act) lets NRIs, OCIs and persons of Indian origin own residential and commercial property in India. You get the same live progress and clean paperwork every Ameya buyer receives, wherever in the world you are.
What you can own
Eligibility is by status, not where you live. NRIs, OCI cardholders and persons of Indian origin may acquire property under the RBI’s general permission, with no special approval for most purchases.
Who qualifies
You are an NRI, OCI cardholder or person of Indian origin. Where you live now doesn’t change your eligibility.
What you can buy
The property is residential or commercial (not agricultural).
How you pay
Funds are routed via your NRE / NRO / FCNR account or inward remittance. No special RBI approval needed for most purchases.
Permitted
- Residential property
- Commercial property
- Held individually or jointly with another eligible NRI/OCI
Not permitted
- Agricultural land
- Farmhouses
- Plantation property
How payment works.
Payments move only through banks: your NRE, NRO or FCNR accounts, or inward remittance. No cash, nothing outside formal channels.
Payments & finance
Accounts & routing
- NRE / NRO / FCNR accounts
- Inward remittance through normal banking channels
- Every rupee traceable and documented
Indian banks and NBFCs finance NRI purchases, repayable through your NRE/NRO accounts, subject to each lender’s eligibility norms.
Taking proceeds back out
Bought cleanly and taxes paid? You can take your money home, within defined limits. We keep the paperwork right from day one.
The ruleSale proceeds of up to two residential properties are repatriable, subject to conditions. Funds in an NRO account are repatriable up to USD 1 million per financial year, after applicable taxes and with the required filings.
Conditions- The property was acquired in line with FEMA
- Repatriation of the first two units is limited to the amount originally remitted to buy them
- Applicable taxes paid; forms 15CA / 15CB filed
Clean acquisition plus clean tax records equals a clean exit. The limits are about documentation, not whether you can repatriate.
Documentation
- PAN card
- Passport and OCI / PIO proof
- NRE/NRO account details
- Power of Attorney if you can’t be present
We handle the work on the ground while you are abroad.
The same certainty, delivered remotely, with one person accountable across time zones.
Remote ownership
- Live, dated construction progress
- Remote site walkthroughs on video
- Digital documentation and e-sign where permitted
- A single point of contact across time zones
On returns
Indian real estate can offer capital appreciation and rental income, but returns depend on the project, the market and your timing. We share sourced market data and live progress, not promises or projected percentages.
The process
- Enquiry & eligibility check
- Choose unit & payment plan
- Documentation & remittance
- Registration & handover
- Aftercare, and, if you sell, repatriation support
General information only, not tax, legal or investment advice. FEMA and RBI rules change and apply to your specific circumstances. Please take independent professional advice before investing. Ameya Heights does not guarantee any return, appreciation or repatriation outcome.
Common NRI questions.
Do I need to be in India to buy?
No. You can complete a purchase remotely with a Power of Attorney where needed, and we provide dated construction progress and video walkthroughs so you can follow along from anywhere.
Can I take my money back out later?
Yes, within FEMA limits. Proceeds from up to two residential properties are repatriable, and NRO funds up to USD 1 million per financial year after applicable taxes and filings, provided the property was acquired cleanly.
Which documents will I need?
Typically your PAN card, passport and OCI / PIO proof, NRE / NRO account details, and a Power of Attorney if you cannot be present. We will give you the exact checklist for your situation.
Wherever you are, let’s start the conversation.
Share a few details and the NRI desk will reach out by email, call or WhatsApp, in your time zone.
Visiting India, or sending family in your place? Book a site visit
