The answer to whether can NRI invest in under construction property or not is yes, NRIs can invest in an under-construction property in India. There are some things to know about this, though. It is a necessity that NRIs understand FEMA and the RBI guidelines. FEMA or The Foreign Exchange Management Act governs NRI investments in India. However, NRIs can’t invest in agricultural land, so that must be kept in mind. I shall give you further information below.
Rules for Investing in Under-Construction Properties for NRIs
It is needed that the under-construction property be registered with RERA.
NRIs also need to make sure that such properties are pre-approved by all the national banks for loans.
NRIs need to ensure that the property’s title is clear and duly verified. For this, proper due diligence must be conducted.
Must have a valid PAN card as it is a requirement for filing tax returns for NRI and financial purposes.
A certificate is also necessary which verifies the person’s NRI status.
Property investment must align with Indian laws.
This is all I have to share with you. I hope you will find this information useful.
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Can NRI Invest in Under Construction Property?
vrisha1
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5 months
2025-07-08T11:29:44+00:00 2025-07-08T11:29:45+00:00Comment
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