You can buy from abroad. The real question is what you verify before you wire the money. An independent, buyer-side checklist for NRIs, OCIs and overseas investors — written by a risk filter, not a broker.
An overseas buyer rarely loses money because they couldn't fly down. They lose money because they relied on a builder's sales deck, a relative's WhatsApp forward, or a broker who earns more when you buy faster. By the time the gap shows up — a delayed possession, a HARERA notice, a title problem on resale — the cheque has cleared.
This guide is the checklist we run before an NRI commits to a Gurgaon property. It does not tell you what to buy. It tells you what to verify, in what order, and where the avoidable mistakes hide. Nothing here is legal, tax or investment advice — treat it as a structured set of questions to put to your own lawyer, CA and bank.
General information for orientation only, current as of June 2026. FEMA, RBI and tax rules change — confirm specifics with a qualified professional before acting.
NRIs and OCIs can purchase residential and commercial property in India without prior RBI approval — flats, builder floors, villas and residential plots are all permitted. What is not permitted is agricultural land, plantation property and farmhouses; under FEMA these can only be acquired by inheritance. The "farmhouse near Gurgaon" pitch is a common trap for overseas buyers.
Every rupee must travel through formal banking channels — from your NRE, NRO or FCNR account, or via a home loan from an Indian bank. Cash is prohibited. How you fund the purchase also decides how easily you can take money out later, so decide this with your CA before you transfer, not after.
This is where an independent risk filter earns its fee. These are the items we verify against public records — the HARERA portal, the sub-registrar, and the title chain — rather than against a brochure.
HARERA registration alone says nothing about whether a builder delivers. Check projects already completed, the number and nature of HARERA complaints, and any litigation history. Possession timelines in marketing material are not commitments.
Confirm the project (and tower/phase) is registered on the Haryana RERA portal, the registration is valid, and the promoter details match your paperwork. Cross-check the registered carpet area against what the sales team is quoting.
For resale, title-chain verification is non-negotiable: allotment letter, full payment receipts, builder NOC for transfer, a clean registration chain, and a home-loan NOC where applicable. Have a lawyer confirm there is no encumbrance before any token money moves.
For under-construction buys, confirm RERA escrow compliance and that your payment plan tracks actual construction progress — not an accelerated builder schedule. Understand what happens to your money if the builder defaults mid-way.
If you cannot supervise construction from abroad, ready-to-move inventory removes delivery-timeline risk and lets you verify the actual unit, carpet area and condition before paying in full.
Most NRI purchases are completed through a Power of Attorney because you cannot always be present to register. A POA is also where overseas buyers get hurt — a broad, irrevocable POA handed to the wrong person is an open door.
We are not your tax advisor, and the numbers below move. Treat this as the list of questions to settle with a chartered accountant before you transact, so there are no surprises at registration or at resale.
Tax and FEMA references are general and current to June 2026. Rates, thresholds and limits change — your CA's confirmation governs, not this page.
AK Real Estate Solutions is a buyer-side risk filter for Gurgaon residential property — not a broker, and paid by you, not by builders. For overseas buyers, we run the checklist above against public records and give you a written verdict: a Green / Yellow / Red read on the specific property you are considering, the precise risks, and the next step to verify. If you would rather skip advisory and go straight to execution, we can connect you to a vetted broker at no cost to you.
Start with corridor context: Golf Course Road, DLF Phases and Dwarka Expressway are the corridors overseas investors ask about most.
Yes. NRIs and OCIs can buy residential and commercial property without prior RBI approval, and complete it remotely through a properly drafted, registered Power of Attorney. The real work is verifying the project, builder and title before you wire funds.
No. Under FEMA, NRIs and OCIs cannot purchase agricultural land, plantation property or farmhouses — these can only come through inheritance. Residential flats, floors, villas and residential plots are permitted.
Pay through banking channels from an NRE, NRO or FCNR account, or via an Indian-bank home loan. Cash is not allowed. NRE funding gives more repatriation flexibility later — confirm the mechanics with your bank and CA.
Buying from a resident seller at ₹50 lakh or more, you deduct 1% TDS under Section 194-IA via Form 26QB. Buying from an NRI seller, a different, usually higher TDS applies on the seller's gains. Confirm with your CA before paying.
Yes, within limits. Proceeds generally route through the NRO account under a USD 1 million per financial year cap; NRE-funded residential property is usually more freely repatriable for up to two properties. Treatment depends on how you funded the purchase.