NRI

NRI Investment in Trichy Real Estate

NRI Investment in Trichy Real Estate

Investing in Trichy real estate offers NRIs a secure and rewarding opportunity. Manoo Housing simplifies the process, ensuring a smooth and hassle-free experience.
Investment Potential

Trichy's market offers promising returns.

Hassle-Free Management

We handle property maintenance and rentals.

Emotional Connection

Own a piece of your homeland.

Explore our Options

Build your dream home or invest in prime locations.

Modern living with low maintenance.

We navigate legalities and simplify the buying process.

NRI Investment Options Trichy Real Estate

Guide For NRI

1. Who is considered an NRI, OCI, or PIO for buying property in India?

An NRI (Non-Resident Indian) is an Indian citizen living outside India for 182+ days in a financial year.
An OCI (Overseas Citizen of India) and PIO (Person of Indian Origin) are also allowed to buy property in India under FEMA guidelines.

  • Main Door – Premium Quality Solid Teak Wood Door, with Polish and Frame 5×4

  • Bedroom Doors – Laminated Flush Doors with Teak Frames

  • Toilet Doors – WPC Door Shutter with WPC Frame

  • Windows – uPVC sliding windows with Glass, Grill & Mosquito Mesh

  • Ventilator – uPVC & Louvers with pin-headed glass

No. NRIs can buy any number of residential and commercial properties in India — without restriction.

NRIs must make payments in Indian Rupees (INR) via:

  • NRE account
  • NRO account
  • FCNR account
  • Inward remittances through authorized banking channels

Foreign currency cash or traveler’s cheques cannot be used.

Yes. NRIs are eligible for home loans from Indian banks. Loans typically cover up to 80% of the property value.
Repayments can be made through NRE/NRO accounts, remittances, or rental income.

Common documents include:

  • Valid Indian passport / foreign passport with OCI/PIO card
  • PAN card (mandatory)
  • Address proof abroad
  • Visa or work permit
  • Indian bank account details (NRE/NRO)
  • Power of Attorney (PoA) if NRI cannot be present in India
  • Builder documents: title deed, approvals, RERA registration, sale agreement, allotment letter

Yes. NRIs can complete the entire process remotely using a registered Power of Attorney, enabling trusted representatives to:

  • Sign sale agreements
  • Pay stamp duty
  • Complete registration
  • Handle bank loan processes

NRIs should verify:

  • Clean title deed
  • RERA registration (if under-construction)
  • No encumbrances
  • Approved building plans
  • Occupancy certificate
  • Builder reputation & delivery record

Manoo Housing ensures 100% verified documentation and transparent processes for NRI buyers..

Yes. NRIs can repatriate sale proceeds from:

  • Up to two residential properties
  • Subject to FEMA rules, bank documentation & tax compliance
  • Capital gains tax will apply depending on the holding period

Yes. NRIs can lease/rent their residential or commercial property.

  • Rental income is fully repatriable after paying applicable Indian taxes.
  • Income tax (TDS) applies on rental earnings..

NRIs must comply with:

  • TDS on property purchase
  • TDS deduction on rent
  • Capital gains tax on selling property
  • GST (if applicable for under-construction units)

Manoo Housing guides NRIs through tax compliance as part of the purchase process..

  • RERA-approved, clear-title properties
  • End-to-end assistance for NRIs (documentation, payments, PoA guidance)
  • High-appreciation zones in Tamil Nadu
  • Secure payment options through NRE/NRO accounts
  • Transparent agreements and legal compliance
  • Reliable after-sales support & handover assistance

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