What NRIs and OCIs should know before buying in Koteshwar.
Many NRIs look to Ahmedabad for a family base, a retirement home or an investment. Indian rules permit NRIs and OCIs to buy residential property, with some conditions.
Here is what to know before buying at Adani Koteshwar Township.
NRIs and OCIs can generally buy residential and commercial property in India, but not agricultural land, plantation property or a farmhouse. Rules can change, so confirm the current position with a qualified advisor.
Payments are generally made through inward remittance or from NRE or NRO accounts. You will need a passport, visa or OCI card, PAN and address proof. A power of attorney can help you complete formalities from abroad, but choose the holder carefully and have the document reviewed by a lawyer.
Repatriating sale proceeds is subject to conditions and limits, and tax rules apply in both India and your country of residence. Take professional advice before you commit. Verify the GujRERA registration of Adani Koteshwar Township regardless of where you live.
Information on this page is indicative and based on publicly available sources and project material at the time of writing. Prices, timelines and specifications are subject to change. Please verify the GujRERA registration and confirm details with the developer before booking.
NRIs and OCIs can generally buy residential property in India. Confirm current rules with an advisor.
Usually by inward remittance or from NRE or NRO accounts.
Many do, using a power of attorney and virtual visits. Verify documents carefully.
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