India – Buying Property

Can foreign nationals legally buy and own property in India?

The rules governing property ownership by foreigners in India are set out under the Foreign Exchange Management Act (FEMA) 1999, supplemented by directives from the Reserve Bank of India (RBI). The applicable regulations differ considerably depending on whether the buyer is an NRI, an OCI cardholder, or a foreign national with no Indian connection. Clarifying which category applies to you is the indispensable first step before exploring the Indian property market.

Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) may purchase residential and commercial properties freely, without the need for prior regulatory approval. However, they are prohibited from acquiring agricultural land, plantation properties, or farmhouses. This gives NRIs and OCIs a comparatively wide degree of purchasing freedom — broadly similar to the access available to foreign buyers in markets such as Germany or the Netherlands, though India’s rules impose more explicit category-based limitations.

Foreign nationals who are neither NRIs nor OCIs operate under considerably more restrictive conditions. Someone residing outside India cannot purchase immovable property there at all. A foreign national who has been resident in India for more than 182 days in the previous financial year may be permitted to acquire property for personal residential purposes, but doing so requires RBI approval.

Nationals of certain countries — including Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, and Bhutan — face further restrictions and must obtain prior RBI clearance even for lease arrangements exceeding five years. Citizens of other nations residing in India are not subject to this additional requirement, provided all other applicable conditions are satisfied.

A foreign national with no Indian origin who is based outside India is barred from purchasing any immovable property in India but may take residential accommodation on a lease arrangement, provided that lease does not exceed five years.

Agricultural land, farmhouses, and plantations remain completely off-limits to all foreign buyers under any circumstances — this is an absolute restriction under FEMA, and applies even to NRIs and OCIs, who may obtain such properties only through inheritance. The RBI is the authoritative body on these rules, and comprehensive details are published on the RBI’s official website. The Ministry of External Affairs also publishes relevant guidance at mea.gov.in.

Foreign nationals are required to provide visa details evidencing their purpose and length of stay in India. A PAN (Permanent Account Number) card is also essential — it is needed for tax filing, property registration, and ensuring the transaction is properly documented in legal terms. Prospective buyers should always obtain current advice from a qualified Indian property lawyer before taking any steps toward a purchase.

What are average property prices in India, and how do they vary by region?

Figures from PropEquity, a prominent Indian real estate analytics company, show that the weighted average asking price for residential properties across India’s nine largest cities rose by 9% in FY 2024–25, reaching Rs 13,197 per sq. ft., compared with Rs 12,569 per sq. ft. in FY 2023–24. The cities covered in this analysis are Bengaluru, Chennai, Hyderabad, Kolkata, Delhi-NCR, Mumbai, Navi Mumbai, Thane, and Pune.

Mumbai commands the highest prices of any Indian city, with developers seeking around Rs 25,000 per square foot, reflecting the extreme scarcity of available land. In Delhi, the typical price for a standard 90 sq. metre apartment sits at approximately Rs 174 lakh, driven by the concentration of government employment, corporate headquarters, and the major IT hubs of Gurugram and Noida — where high salaries translate into buyers paying approximately Rs 18,000 per square foot.

Karnataka, centred on Bengaluru, sees average prices of around Rs 126 lakh. The city’s position as a global software hub — home to employers such as Infosys and Google — sustains strong demand, and with annual salary growth of roughly 10%, buyers are typically paying in the region of Rs 13,000 per square foot.

Gujarat’s market remains considerably more accessible, with standard apartments priced at around Rs 46 lakh. In cities such as Ahmedabad and Surat, where textiles and diamond industries provide significant employment, prices reach approximately Rs 4,750 per square foot — with land supply remaining more plentiful than in the top metropolitan centres.

In Bihar, prices are substantially lower, with a typical apartment costing around Rs 34 lakh. The state’s predominantly agricultural and rural economic base means buyer competition is limited, and prices in Patna hover around Rs 3,500 per square foot. Smaller cities and rural markets can offer accessible entry points well below metropolitan levels, though resale speed and liquidity may differ meaningfully. For up-to-date listings and pricing information, established portals such as 99acres.com and Magicbricks are useful starting points, and local agent verification is recommended, as prices shift regularly.

Where are the most popular locations to buy property in India?

Mumbai’s property market has seen measured but sustained growth through 2025. Despite carrying India’s highest price tags, the city continues to draw both domestic and international buyers on the strength of its economic dynamism and connectivity. As the country’s financial capital, Mumbai attracts significant investor interest, with demand concentrated in neighbourhoods such as Bandra, Juhu, Andheri, and the prestige addresses of South Mumbai.

Bengaluru — widely referred to as India’s Silicon Valley — has recorded the steepest price appreciation of any major city. Its flourishing technology sector, agreeable climate, and cosmopolitan atmosphere generate consistently strong demand. Localities including Whitefield, Koramangala, and Electronic City are especially sought after by technology professionals and investors alike. According to Knight Frank data, Bengaluru led annual price growth with a 14% year-on-year increase.

The National Capital Region (Delhi-NCR) has seen moderate overall price growth, with Gurgaon (Gurugram) and Noida registering the strongest gains as improved infrastructure and corporate expansion draw further investment. Gurugram, home to numerous multinational employers, hosts a well-established expatriate community.

Goa consistently ranks among the most favoured destinations for international buyers and lifestyle-oriented investors. The coastal state’s beaches, relaxed atmosphere, and buoyant short-term rental market make it appealing for both permanent residence and holiday-let investment. Areas in and around Panaji, North Goa (Anjuna, Vagator), and South Goa (Palolem, Colva) all attract considerable interest. Buyers should note that coastal land in India is governed by Coastal Regulation Zone (CRZ) rules, which impose restrictions on construction within defined distances from the shoreline — verifying CRZ status before proceeding is essential.

Kerala draws consistent interest, particularly from NRI buyers reconnecting with their home state, as well as those attracted by the region’s natural scenery, well-regarded healthcare infrastructure, and high quality of life. NRI investment is a notable driver of Kerala’s real estate sector, complemented by growing tourism-related development.

Are there any emerging or up-and-coming areas worth considering in India?

Cities such as Coimbatore, Chandigarh, and Indore are establishing themselves as compelling investment destinations, combining lower entry costs with strong growth potential. These Tier-2 cities offer investors the dual advantage of expanding local economies and significantly more accessible price points than the established metros, making them particularly appealing for those looking to enter the market early.

Suburbs and satellite towns surrounding major metropolitan centres continue to attract growing investor attention on the basis of better value. Navi Mumbai and Thane are particularly notable in this regard, with Thane recording year-on-year price growth of 17% in FY 2024–25 — one of the strongest performances among all tracked cities.

Escalating government spending on infrastructure — rising from Rs 5 lakh crore in 2021–22 to Rs 11.11 lakh crore in 2024–25 — is improving connectivity and underpinning property price growth across Tier-2 and Tier-3 cities. Towns benefiting from new metro rail lines, expressway projects, and airport expansions — including Lucknow, Nagpur, Bhubaneswar, and Kochi — are increasingly attracting buyer interest.

Locations adjacent to IT parks and special economic zones continue to sustain premium pricing and attractive appreciation potential. Pune in particular has evolved from a secondary market into a major property destination in its own right. Its combination of IT employment, prominent educational institutions, and relative affordability compared with Mumbai makes it highly attractive to buyers. Pune posted 10% year-on-year price growth in FY 2024–25.

What are the current trends in the property market in India?

India’s real estate sector has been a significant engine of economic growth, propelled by accelerating urbanisation, an expanding middle class, and enabling government policy. Residential prices across leading cities rose 17% year-on-year in Q1 2025, though analysts anticipate some moderation as new supply begins to catch up with demand in certain segments.

Properties valued above Rs 10 million accounted for 46% of all sales in 2024, with high-net-worth individuals and non-resident Indians driving this premium-end activity. The luxury and ultra-luxury residential segment has grown substantially, with branded residences and gated communities forming an increasingly prominent part of new supply pipelines in cities such as Mumbai, Gurgaon, and Bengaluru.

Average rental price inflation across India’s six principal metro areas in the first half of 2025 settled in the 7–9% range — a marked deceleration from the aggressive annual increases of 12–24% seen between 2021 and 2024. This stabilisation reflects improved supply conditions and infrastructure development, which are restoring a more balanced relationship between market demand and available stock.

Government initiatives — including RERA (Real Estate Regulation and Development Act), PMAY (Pradhan Mantri Awas Yojana), GST reforms, and changes to FDI policy — have materially enhanced market transparency and bolstered investor confidence. RERA in particular has transformed the off-plan purchase environment by obliging developers to register projects and declare completion timelines, affording buyers considerably stronger protections than were available prior to its introduction.

Digital adoption across the real estate sector — from virtual property tours to online transaction platforms — is making purchases more accessible and the process more transparent. The sustained shift toward remote working has also fuelled demand for second homes in hill stations, coastal towns, and picturesque rural settings, as buyers increasingly prioritise space and lifestyle over proximity to city centres.

Is buying property in India a good investment?

India’s real estate market has shown encouraging long-term performance for investors, supported by high rates of urbanisation, sustained infrastructure investment, and a dynamic technology sector. The market is projected to reach a valuation of US$1 trillion by 2030 and is expected to contribute 13% to India’s GDP by 2025. These broader indicators strengthen the investment narrative, though they offer no guarantee of returns on any individual property.

Over the two-year period from FY 2023 to FY 2025, residential prices rose 18% on average across major markets, with Bengaluru leading the field at 44%, ahead of Kolkata (29%), Chennai (25%), Thane (23%), Delhi-NCR (20%), Pune (18%), Navi Mumbai (13%), Mumbai (11%), and Hyderabad (5%). This rate of capital appreciation compares favourably with many mature global markets, though historical performance is not a reliable predictor of future results.

The India Brand Equity Foundation (IBEF) reports that the sector drew Rs 35,300 crore in private equity investment in 2024, a 32% increase year-on-year, signalling strong institutional confidence in the market’s prospects. For overseas buyers, currency dynamics represent a material consideration — a strengthening Indian rupee enhances the value of Indian assets when converted to foreign currencies, but exposure works in both directions and must be carefully factored into any investment plan.

Some market analysts have flagged the risk of a price correction in premium segments, suggesting that speculative activity rather than genuine end-user demand may be inflating values. HSBC has cautioned that parts of the residential market could be approaching a peak and may be vulnerable to price adjustments. The growing volume of unsold inventory in the higher-ticket bracket (Rs 2–10 crore) points to an oversupply concern in the luxury segment. Buyers are strongly advised to conduct thorough due diligence and seek independent financial advice before committing. As with all property investment, risk is inherent and returns can never be guaranteed.

What types of property are commonly available to buy in India?

India’s property market encompasses a wide range of property types spread across its diverse regions. Familiarising yourself with what is available — and where — helps align expectations and budget before beginning a property search.

• Apartments and flats: The predominant property format in urban India, available at every price point from compact one-bedroom units through to expansive luxury penthouses. High-rise living is the norm in Mumbai, Bengaluru, Hyderabad, and Pune.
• Independent houses and bungalows: Detached properties on their own plots, most commonly found in suburban zones, Tier-2 cities, and parts of Delhi-NCR. These tend to offer more living space than apartments and are popular with families.
• Villas and row houses: NRIs, OCIs, and eligible foreign individuals may purchase residential properties including villas, row houses, apartments, and plots. Gated villa communities are particularly prevalent in Bengaluru, Hyderabad, Goa, and NCR suburbs.
• Builder floors: A property format distinctive to India and widespread in Delhi and the NCR — individual floors of a low-rise building sold separately, offering greater privacy than a conventional apartment block.
• Commercial properties: Eligible foreign buyers may acquire commercial real estate in India for business purposes, including office premises, retail units, industrial facilities, and warehousing. Commercial units within coworking hubs and retail parks represent an increasingly popular asset class among investors.
• Plots and land: NRIs and OCIs may purchase residential plots with the intention of constructing a home, subject to the same category restrictions (agricultural land remains prohibited). Buying a plot and building from scratch offers flexibility but introduces additional complexity around construction permits and contractor oversight.

What is the typical step-by-step process for buying property in India?

Buying property in India involves procedures that differ in important respects from the processes familiar to buyers in many other countries. There is no conveyancing solicitor model as practised in the UK or Australia, and the notarial system used in France or Spain has no direct equivalent. Instead, ownership is transferred through a registered sale deed executed at the local Sub-Registrar’s office. RERA project registration and lawyer-conducted title searches are the primary protections available to buyers.

1. Confirm your eligibility: Establish your buyer category (NRI, OCI, or foreign national residing in India) and confirm which property types you are legally permitted to acquire under FEMA and current RBI guidelines. Obtain a PAN card if you do not already hold one, as it is mandatory for all property transactions and tax filings in India.
2. Research and shortlist: Define your preferred location, property type, and budget. Use well-established portals such as 99acres, Magicbricks, or Housing.com, and engage a licensed local estate agent. For new-build developments, confirm that the developer and project are registered under RERA on the relevant state’s RERA portal.
3. Due diligence and title check: Instruct a qualified property lawyer to conduct a comprehensive title search at the relevant Sub-Registrar’s office. This process verifies the ownership chain, identifies any encumbrances (mortgages, charges, or legal disputes), and confirms that the seller holds clear, marketable title. While structural surveys are not a legal requirement in India, a professional inspection is strongly recommended for older properties.
4. Make an offer and negotiate: Agree on a purchase price through direct negotiation with the seller or via an agent. There is no formalised regulated offer process as exists in some jurisdictions; offers are typically made verbally and then confirmed in writing.
5. Sign an Agreement to Sell (ATS): Once a price has been agreed, a preliminary Agreement to Sell (also referred to as a Sale Agreement) is executed. This document sets out the agreed terms, price, payment schedule, and possession date. A deposit — typically 10–20% of the agreed purchase price — is paid at this stage. The agreement should be stamped and may be registered for added legal protection, though practice on this point varies.
6. Arrange payment through correct channels: All payments must be made in Indian Rupees through funds remitted to India via regular banking channels. NRIs and OCIs must channel payments through Non-Resident External (NRE), Non-Resident Ordinary (NRO), or Foreign Currency Non-Resident (FCNR) accounts. Ensure all remittances fully comply with FEMA requirements.
7. Pay stamp duty and registration charges: Stamp duty and registration charges are mandatory costs that must be settled when registering a property. As of 2025, stamp duty typically falls in the range of 5–8% of the property value depending on the state, with registration fees generally set at 1% of property value subject to state-specific caps. Always verify the current applicable rates through official state government sources or your legal adviser before exchange.
8. Execute and register the Sale Deed: Property transfers in India must be completed through registration at the relevant local Sub-Registrar’s office. Both buyer and seller — or their duly authorised representatives holding a Power of Attorney — must attend in person to execute the Sale Deed. The deed is stamped, signed, and registered, at which point legal ownership passes to the buyer. Two witnesses are generally required.
9. Take possession and update records: Following registration, take formal possession of the property. Update mutation records (referred to as “khata” in some states) at the local municipal office, which formally records the change of ownership for taxation purposes. Notify utility providers and arrange the transfer of service connections as required.

Do I need a lawyer to buy property in India, and how do I find a reputable one?

Engaging a qualified property lawyer is not legally compulsory in India, but it is very strongly recommended — especially for foreign buyers without prior experience of Indian property law. Having a local lawyer verify the title deed, the permitted land use, and the property’s ownership history is widely regarded as sound practice. The potential consequences of proceeding without proper legal advice — such as undisclosed encumbrances, forged documentation, or defective title — significantly outweigh the cost of competent legal representation.

A property lawyer in India will typically: conduct a title search at the Sub-Registrar’s office; draft and review the Agreement to Sell and Sale Deed; advise on FEMA and RBI compliance as it applies to foreign buyers; check for ongoing litigation or disputes; verify building plan approvals and completion certificates; and, if required, attend property registration on your behalf under a Power of Attorney.

Legal fees in India are not subject to standardised tariffs and vary depending on the city, the complexity of the transaction, and the seniority of the lawyer. As of 2025, fees for a straightforward residential purchase typically fall in the range of Rs 15,000 to Rs 50,000 or more, with higher charges in major cities and for more involved transactions. Always confirm the fee structure in writing before instructing a lawyer and verify current rates directly with the firm.

Lawyers practising in India must be enrolled with their State Bar Council and registered with the Bar Council of India (BCI). You can verify a lawyer’s credentials and identify enrolled advocates through the Bar Council of India (barcouncilofindia.org). Many bar associations and law firms offer dedicated NRI property legal services for non-resident buyers. It is also worth establishing whether your prospective lawyer belongs to a specialist property law association or has demonstrable experience handling transactions for non-resident clients.

What are the most common pitfalls and problems expats encounter when buying property in India?

India’s property market carries specific risks that foreign buyers should be aware of before committing. Understanding the most common issues — and taking appropriate precautions — is essential to a safe transaction.

• Title defects and disputed ownership: Land records in India are not uniformly computerised or kept fully up to date, and ownership disputes are not uncommon. A comprehensive title search reaching back at least 30 years — and ideally further — is essential. Relying solely on documents furnished by the seller is inadvisable.
• Undisclosed encumbrances: A property may carry registered mortgages, outstanding loans, or legal charges that the seller fails to disclose. Your lawyer should obtain an Encumbrance Certificate from the Sub-Registrar’s office, which records all officially registered transactions against the property.
• Off-plan purchase risks: Purchasing directly from a developer before construction has been completed exposes the buyer to significant risk if the developer faces financial difficulties or prolonged delays. RERA has improved transparency considerably in this area, but buyers should always verify that the project is RERA-registered and review the developer’s record of delivery. Make full use of RERA-mandated escrow protections wherever they apply.
• Unapproved construction: A significant number of properties in India include extensions, additional floors, or structures erected without the necessary planning consent. Buying such a property may expose you to demolition orders or financial penalties. Always verify that building plan approvals and completion certificates have been obtained from the relevant municipal authority.
• Agricultural land and CRZ violations: Acquiring land officially classified as agricultural — or situated within a Coastal Regulation Zone — can render the transaction void and result in financial loss. Verify the official land use classification from authoritative records before making any commitment.
• FEMA non-compliance: Foreign buyers who fail to follow the correct payment and remittance procedures under FEMA risk penalties under Indian foreign exchange law. Always use the appropriate NRE/NRO/FCNR accounts or RBI-approved channels for all payments and maintain complete records of every remittance.
• Unlicensed or unregistered agents: Not all real estate agents in India operate under consistent professional standards, although RERA has introduced agent registration requirements across most states. Use only RERA-registered agents and verify their credentials on the relevant state RERA portal before engaging them.
• Currency transfer risks: Exchange rate fluctuations can have a material impact on the effective purchase cost or on the value of repatriated sale proceeds. Consider using specialist currency transfer providers and hedging strategies when making substantial international transfers.
• Power of Attorney (PoA) fraud: PoA-based property transactions have historically been a vehicle for fraudulent activity in India. If you must grant a PoA to an authorised representative, ensure it is narrowly drafted, properly notarised, registered, and granted exclusively to someone in whom you have complete confidence.

Can I buy property in India through a company, and is it worth doing?

Under FEMA and with RBI approval, a foreign company or foreign body corporate may acquire property in India only where it has established a branch office or other recognised place of business in the country. Such acquisitions are permitted for business purposes only — covering premises such as offices, factories, or warehouses. This is a significant constraint: unlike in certain other countries where a corporate purchase structure is routinely used by individual buyers, this route cannot be employed simply to circumvent personal ownership restrictions in India.

Foreign companies operating branch offices or subsidiaries in India may acquire property for business-related purposes, subject to RBI guidelines. Lease arrangements of less than five years are permitted without requiring prior regulatory approval.

For NRIs and OCIs considering a corporate ownership structure for investment or estate planning purposes — for instance, through an Indian private limited company — there may be certain advantages relating to ease of transfer or succession planning. However, there are also notable drawbacks, including additional regulatory compliance obligations, corporate tax filing requirements, and the ongoing cost of maintaining a company structure. The tax treatment of rental income and capital gains may also differ from that applicable to personal ownership. Rules in this area are complex and subject to change. Always obtain independent legal and tax advice from qualified Indian professionals before pursuing any corporate property acquisition structure.

What taxes and ongoing costs should I budget for when owning property in India?

Foreign buyers should plan carefully for both acquisition costs and the ongoing expenses of ownership. Many of these are determined at state level and can vary considerably across India’s 28 states and union territories. All figures below reflect the position as of 2025 and should be confirmed with official sources or a qualified tax adviser before any decisions are made.

For authoritative and current tax guidance, consult the Income Tax Department of India (incometax.gov.in). Double taxation avoidance agreements (DTAAs) between India and a wide range of other countries may reduce your overall tax liability — check whether your home country has a DTAA in force with India and take advice from a cross-border tax specialist.

What are the official sources I should consult when buying property in India?

All property-related decisions in India should be grounded in information obtained from official sources. The following are the key bodies and resources for foreign property buyers.

• Reserve Bank of India (RBI): The principal regulator for all foreign exchange transactions, including property acquisitions. Publishes FEMA regulations, master directions, and FAQs on property purchases by non-residents. rbi.org.in
• Ministry of External Affairs (MEA): Issues official guidance on property acquisition and transfer by foreign nationals and NRIs. mea.gov.in
• Income Tax Department of India: The definitive source for all tax obligations relevant to property ownership, including capital gains, rental income, TDS deductions, and PAN card applications. incometax.gov.in
• Real Estate Regulatory Authority (RERA): Each state operates its own RERA portal, through which buyers can verify developer and project registrations, check completion timelines, and submit complaints. Search “[State name] RERA” to locate the relevant portal for your target area.
• National Housing Bank (NHB) — RESIDEX: The NHB publishes RESIDEX, India’s first official residential price index, covering more than 50 cities and drawing on primary market data from developers. Updated quarterly. nhb.org.in
• Bar Council of India: The regulatory authority for legal practitioners in India. Use to verify a lawyer’s registration credentials. barcouncilofindia.org
• Ministry of Housing and Urban Affairs (MoHUA): The government ministry responsible for housing policy, smart city development, and PMAY. mohua.gov.in
• State Sub-Registrar Offices: The local offices where property registration is completed and Encumbrance Certificates can be obtained. Contact details vary by state — consult your state’s official land registration department website for relevant information.

Frequently asked questions about buying property in India

Can I buy property in India if I am not of Indian origin?

A foreign national based outside India is not permitted to purchase immovable property in the country. A foreign national who has been resident in India for more than 182 days in the preceding financial year may be allowed to acquire property for personal residential use, subject to RBI approval and compliance with FEMA. Holders of OCI or NRI status benefit from significantly broader purchasing rights. Always check the current position with the RBI and take legal advice before proceeding.

Can NRIs and OCIs buy agricultural land in India?

NRIs, OCIs, and foreign nationals are all prohibited from purchasing agricultural land, plantation property, or farmhouses. Acquisition of such properties is only possible through inheritance and remains subject to the land laws of the relevant state.

Do I need a PAN card to buy property in India?

Yes. A PAN card is required for tax filing, property registration, and ensuring that the transaction is properly documented in legal terms. Securing a PAN card should be among the very first steps taken by any foreign buyer. Applications can be submitted online through the Income Tax Department’s portal.

Can I get a mortgage in India as a foreign buyer?

Home loan products are available to NRIs and OCIs, and most major banks and financial institutions in India offer dedicated lending facilities for this group. Foreign nationals of non-Indian origin who do not hold NRI or OCI status are generally ineligible for Indian home loans. Repayments must typically be made from NRE or NRO accounts.

Can I rent out a property I buy in India?

Yes. NRIs and OCIs are entitled to let or lease property they own in India. Any rental income arising in India is taxable, and tenants are required to deduct TDS at source when making rental payments to non-resident landlords. You should file an Indian income tax return to declare this income and, where applicable, seek relief under your home country’s double taxation avoidance agreement with India.

How long does the property registration process take in India?

Once all documentation is in place and stamp duty has been paid, the execution and registration of the Sale Deed at the Sub-Registrar’s office can typically be completed on the same day or within a small number of working days, depending on the state and local office in question. The complete process — from initial title search through to final registration — generally takes several weeks to a few months, depending on transaction complexity and how promptly documents are prepared.

What is RERA and why does it matter to buyers?

The Real Estate (Regulation and Development) Act (RERA) requires developers to register their projects before offering units for sale, hold a prescribed portion of buyer funds in an escrow account, and meet the completion timelines they have declared. For buyers — particularly those purchasing off-plan — confirming RERA registration before paying any funds is an essential safeguard. Each state operates its own RERA portal where the registration status of projects and developers can be verified.

Can I repatriate the proceeds when I sell my Indian property?

NRIs and OCIs are permitted to repatriate proceeds from the sale of up to two residential properties, provided all applicable regulations are observed. Repatriation is subject to FEMA provisions, RBI limits, and the requirement that the property was originally purchased using funds remitted from abroad or sourced from an NRE or FCNR account. A certificate from a chartered accountant confirming tax compliance is also required. Where sale proceeds relate to inherited property, prior RBI approval for repatriation may be necessary — obtain legal advice tailored to your specific circumstances.