Nri Corner
NRI Investment
Why Choose Vaishno Ventures For NRI Investment
Trusted Legacy
Prime locations
RERA-Complaint Properties
Smart & Sustainable Homes
high ROI & capital Appreciation
Secure Financial Process
Smart & Sustainable Design
Dedicated NRI Support Team
What You Get
Vaishno Ventures understands the unique needs and expectations of Non-Resident Indians looking to invest in Indian real estate. Here’s why we are the preferred choice for global investors:
NRI Projects
Customized Projects For NRI
$1,230,000
4 Beds, 3 Baths, 2240 Sqft
1235 Divi St, San Fracisco, CA 35313
$1,230,000
4 Beds, 3 Baths, 2240 Sqft
1235 Divi St, San Fracisco, CA 35313
$1,230,000
4 Beds, 3 Baths, 2240 Sqft
1235 Divi St, San Fracisco, CA 35313
FAQ’s
Ask Question's
Who is a PIO?
A Person of Indian Origin (PIO) is someone who, or whose ancestors, were Indian citizens and who holds a foreign passport.
Who is an OCI?
An Overseas Citizen of India (OCI) is a foreign national of Indian origin who has been granted permanent residency in India without full citizenship.
Who can purchase property in India?
NRIs, OCIs, and PIOs can legally purchase residential and commercial property in India, but not agricultural land, plantation property, or farmhouses.
What property can NRIs buy?
They can invest in any number of residential or commercial properties. Agricultural land is restricted.
What documents do NRIs need for purchasing property?
- Valid passport and visa
- OCI/PIO card
- PAN card
- Indian address proof (if available)
- Passport-sized photographs
What documents do self-employed individuals need?
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Business license and income proof
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Tax returns
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Overseas and Indian bank statements
What property documents do NRIs need?
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Title deed
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Sale agreement
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Approved building plan
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Encumbrance certificate
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Completion/occupancy certificate (for ready-to-move properties)
What is Power of Attorney?
POA allows a person in India to act on behalf of the NRI for property transactions.
What are the different types of PoA’s?
- General POA: Broad authority over property and financial matters
- Special POA: Specific task-based authority, such as signing a sale deed
What functions can a PoA perform?
- Sign documents
- Handle registration
- Manage legal formalities
- Oversee possession or rental
What are the steps for granting PoA?
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Draft and notarize POA in the NRI’s country
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Get it attested at the Indian Embassy
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Send it to India and register with a Sub-Registrar
What are the guidelines for NRIs applying for a home loan?
NRIs can avail loans in Indian Rupees from Indian banks, typically requiring a local co-applicant and repayment via NRE/NRO account.
What documents do NRIs need for a home loan?<br />
- Identity and income proof
- Overseas employment details
- Passport, visa, and POA
- Property documents
Who should file income tax?
NRIs earning income in India, such as from rent or capital gains, must file returns if total income exceeds the basic exemption limit.
Who are exempted from filing income tax?
NRIs with no taxable income or whose income is below the exemption threshold may be exempt.
How can NRIs file income tax returns?
Via the online ITR portal of the Indian government using their PAN number.
How is Capital Gain Tax calculated for NRIs?
Short-term gains (property held <2 years) are taxed as per income slab. Long-term gains (held >2 years) attract 20% tax with indexation.
What is exempted under CGT?
Exemption is available under sections 54, 54EC, and 54F if gains are reinvested in eligible assets or bonds.
What guidelines has the RBI laid down for repatriation of funds?
Repatriation is allowed up to USD 1 million per financial year from NRE/NRO accounts after tax compliance.
Can income from rent be repatriated?
Yes, rental income can be repatriated after deducting applicable taxes and submitting Form 15CA/15CB.
How is income from selling or renting property taxed for NRIs?
Rental income is taxed as per slab, while capital gains from property sales are subject to CGT with TDS deduction at source.