Top 7 Checklists for NRIs Before Investing in Real Estate in India

Investing in real estate in India has continued to be NRIs’ preferred investment choice since it offers a wide range of options for locations, a thriving economy, and the possibility for large returns.

Follow This Checklist Before Investing in Real Estate in India

You should always have a reliable lawyer by your side while purchasing real estate, especially for legal and financial matters. A lawyer will assist you with all the paperwork and legal procedures needed to complete the transaction.

Hire a lawyer

The full list of documents required for property registration is an important item on the checklist for NRI investors.  An NRI, PIO, or OCI must have the following documents in order to purchase real estate in India:

Verify documents as needed

Although NRIs enjoy most of the same rights as Indian residents, they are prohibited from investing in a number of particular categories of real estate.  You can invest as an NRI in any type of property in India, including residential and commercial properties.

Know your property type

Every housing project in India that is currently under development must be certified in accordance with the Real Estate (Regulation and Development) Act, 2016. (RERA).

RERA status

For NRI investors, choosing a reputable and trustworthy builder is crucial when investing in real estate in India.

Choose a reputed builder.