Our team at Giridhari Homes Private Ltd understands the importance of a smooth purchasing process for NRIs.
We provide comprehensive assistance in compiling the necessary documents required for buying property in India.
For general purposes, initiating the buying process, and ensuring compliance with Indian regulations, NRIs need to furnish the following basic documents:
Indian passport, Green Card, or PIO/OCI card
PAN card (mandatory for property transactions)
In case of availing a home loan, additional documentation is required, including:
Passport or OCI/PIO card
Work permit/employment contract to establish residency abroad
Last six months’ payslips
Income tax returns
Last 1-year bank statement of NRE or NRO accounts
Bureau report of the country of residence
We prioritize transparency and legal compliance at Giridhari Homes Private Ltd. Our projects undergo rigorous scrutiny and hold all necessary legal approvals. Before finalizing a purchase, NRIs are provided with links to review all relevant property documents, instilling confidence and eliminating uncertainties.
Ensuring convenient payment methods is essential for NRIs investing in Indian real estate. At Giridhari Homes Private Ltd, we facilitate hassle-free payment options:
NRE/NRO Accounts: Funds should be remitted through Non-Resident External (NRE) or Non-Resident Ordinary (NRO) accounts to comply with Indian regulations.
Home Loans: NRIs can secure home loans from Indian banks, with repayments facilitated through inward remittances or NRE/NRO accounts
Tax Deduction: NRIs should be aware of tax implications, including TDS deductions. For properties purchased from residents exceeding Rs 50 lakh, 1% TDS is applicable. For purchases from non-residents with applicable long-term capital gains, TDS should be deducted at 20%. In case of short-term capital gains, TDS should be deducted at 30%.
For NRIs seeking to purchase property in Hyderabad, Giridhari Homes Private Ltd stands out as a reputable builder. With 16 years of experience, we have established an unmatched reputation for quality, customer-centricity, on-time delivery, and transparency. Choosing Giridhari ensures a seamless and trustworthy experience for NRIs investing in Indian real estate.