Can NRIs Buy Property in Dombivli?
Yes — Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) can freely purchase residential and commercial property in India, including in Dombivli, under the Foreign Exchange Management Act (FEMA). Agricultural land, plantation property, and farmhouses cannot be purchased by NRIs without RBI permission. For residential apartments — which is what most Dombivli NRI buyers seek — there are no restrictions.
The FEMA Framework: What NRIs Need to Know
Under FEMA (Foreign Exchange Management Act), NRI property purchases are governed by the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations. Key points: Payment must be through normal banking channels (wire transfer from NRI/NRO/FCNR account), not through traveller’s cheques or foreign currency cash. All transactions must be documented and reported to the bank. Repatriation of sale proceeds is allowed subject to RBI limits.
NRI Home Loans: What’s Available
Indian banks actively offer home loans to NRIs for property purchases in India. Leading lenders: HDFC Bank (NRI Home Loans), SBI (NRI Home Loan), ICICI Bank (NRI Home Loan), Axis Bank, and Kotak Mahindra Bank. Typical NRI home loan terms: 60–70% LTV (Loan-to-Value), floating rate of 8.5–9.5% (2026 range), 15–20 year maximum tenure, repayment through NRE/NRO account. Income documentation differs by country — UAE residents (salary certificate), UK/US (tax returns + salary slips).
Power of Attorney (PoA) for NRI Purchases
Most NRI buyers appoint a trusted family member or friend in India as their Power of Attorney (PoA) holder to manage the purchase process on their behalf. The PoA must be executed before a notary in India or before the Indian Consulate/Embassy in your country of residence, and then registered in India. The PoA holder can sign documents, make payments, and complete registration on your behalf.
TDS on NRI Property Purchases
When purchasing property from an NRI seller, the buyer must deduct TDS (Tax Deducted at Source) at 30% (+ surcharge + cess) of the sale consideration under Section 195 of the Income Tax Act. When purchasing from an Indian resident, the standard 1% TDS (Section 194-IA) applies. This is a compliance requirement — not an additional cost to you, as TDS is deducted from the seller’s proceeds.
Best Projects for NRI Buyers in Dombivli (2026)
Premium segment: Lodha Hanging Gardens (Palava City) — Lodha Group’s NRI desk offers dedicated assistance. Godrej Alive (Manpada) — Godrej Properties has institutional-grade NRI support.
Mid-premium segment: Kalpataru Aura, Rustomjee Urban Woods.
What NRI buyers should watch: Projects from developers with active NRI desks, large escrow accounts, and strong RERA quarterly compliance records. indombivili.com can guide you to the right project for your profile and budget.
Contact Our NRI Specialist
Our team assists NRI buyers from the UAE, UK, USA, Canada, and Singapore. We can coordinate with your PoA, arrange virtual site visits, and connect you to NRI-specialist home loan advisors. Contact us — the service is free.
Update FEMA/RBI limits for 2026 (repatriation caps may have changed), NRI home loan rate update from at least 3 banks, current TDS rate confirmation with a CA, add NRI-specific project availability and pricing update.
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