For Non-Resident Indians (NRIs) with roots in Jaipur and Rajasthan, the desire to own a luxury home in their home city is a deeply personal aspiration a connection to family, heritage, and an eventual return to the Pink City. But buying a property in India while living abroad comes with a set of regulatory, financial, and logistical considerations that are specific to NRI buyers. This guide covers everything an NRI needs to know about purchasing a luxury flat at Royal Retreat by Kuldhara Builders & Developers in Vaishali Nagar, Jaipur.
Yes. Under the Foreign Exchange Management Act (FEMA), NRIs (Indian citizens residing abroad) are fully permitted to purchase residential and commercial property in India, without any special approval from the Reserve Bank of India (RBI). Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCIs) enjoy similar rights. The purchase can be made from foreign funds remitted through normal banking channels or from funds held in NRE, NRO, or FCNR accounts in India.
When an NRI sells property in India, the buyer is required to deduct TDS (Tax Deducted at Source) at 20% on long-term capital gains (property held over 2 years) or 30% on short-term capital gains. As an NRI buyer at Royal Retreat purchasing from Kuldhara Builders & Developers (a resident Indian company), standard GST and stamp duty apply as for resident buyers TDS on NRI status applies at the time of resale, not initial purchase.
Most NRI buyers at Royal Retreat designate a trusted family member in Jaipur typically a parent, sibling, or spouse as a Power of Attorney (POA) holder to execute the purchase on their behalf. The POA document must be executed on stamp paper, signed before the Indian consulate or notarised by a local notary in the country of residence, and then apostilled or attested as per the requirements of the Indian Consulate. Kuldhara's sales team is experienced in guiding NRI buyers through the POA process.
For NRIs seeking a premium property investment that connects them to their roots, delivers strong financial returns, and provides a world-class home for their Jaipur visits or eventual return, Royal Retreat by Kuldhara Builders & Developers in Vaishali Nagar is an extraordinary opportunity. Our team has dedicated NRI buyer support to guide you through every step from FEMA compliance to POA to home loan coordination.
Yes. NRIs (Non-Resident Indians), OCIs (Overseas Citizens of India), and PIOs (Persons of Indian Origin) are fully permitted under FEMA to purchase residential property in India, including luxury apartments at Royal Retreat by Kuldhara Builders & Developers. No special RBI approval is required for residential property purchases.
Yes. Funds from NRE (Non-Resident External) accounts can be used to make payments for property purchases in India, including down payments, construction-linked instalments, and registration charges. Importantly, funds from NRE accounts are fully repatriable meaning the principal and interest can be sent back to the NRI's overseas bank account upon sale of the property.
Yes. Most major Indian banks including SBI, HDFC, ICICI, and Axis Bank offer dedicated NRI home loan products. The key difference from resident home loans is documentation NRIs need to provide overseas income proof, passport copies, visa documentation, and overseas bank statements in addition to standard property documents. Kuldhara's banking partners can assist with NRI home loan processing.
A Power of Attorney (POA) is a legal document authorising a trusted person in India typically a family member to sign documents, make payments, and complete the property registration process on the NRI's behalf. While not mandatory if the NRI can travel to India for key signing events, a POA is highly recommended for NRI buyers to avoid delays. The POA must be executed, notarised, and apostilled in the country of residence.
When an NRI sells residential property in India, the buyer is required to deduct TDS at 20% on long-term capital gains (property held for more than 2 years) or 30% on short-term gains. The NRI can apply for a lower TDS certificate from the Income Tax Department if their actual tax liability is lower. NRIs can also claim indexation benefits to reduce long-term capital gains tax. Consult a chartered accountant for personalised tax planning.
Yes. Premium gated community apartments in Vaishali Nagar attract strong rental demand from corporate professionals, senior executives, and expatriate families. Rental yields in the area range from 3% to 5% per annum on property value, with higher yields possible for furnished premium units. For NRIs, rental income can be credited to their NRO account. Royal Retreat's 3 BHK + Study and 4 BHK + Study configurations are particularly attractive to high-quality corporate tenants.
“With a strong background in content strategy and creative writing, Tanvi Varshney has developed compelling content for a wide range of industries. Her interest in real estate drives her to explore homebuyer experiences, emerging market trends, and the emotional journey of finding the perfect home. She believes that great content should inform, inspire, and build lasting trust with its audience. ”
Copyright: © 2025 Kuldhara Builders and Developers All Rights Reserved.
Designed by Being Ingenious Media Pvt. Ltd.
