What can an NRI buy in Jaipur?
| Property type | Can an NRI buy? |
|---|---|
| Residential flats / apartments | Yes |
| Commercial property / shops / offices | Yes |
| Residential plots (non-agricultural) | Yes |
| Agricultural land | No (only by inheritance/gift) |
| Farmhouse | No (only by inheritance/gift) |
| Plantation property | No (only by inheritance/gift) |
Documents required for an NRI
- Valid passport (and OCI / PIO card if applicable)
- PAN card (mandatory for property registration and TDS)
- Overseas address proof and Indian address proof
- Passport-size photographs
- Recent NRE/NRO bank statements (for funding proof / loan)
- Power of Attorney (PoA) — a registered PoA to a trusted person in India if you cannot be present to sign and register
How NRIs pay for property
- All payments must go through normal banking channels — funds from an NRE, NRO or FCNR account, or by inward remittance.
- No foreign currency cash and no traveller's cheques are allowed for property purchase.
- Keep records of the source of funds — these are needed if you later want to repatriate the sale proceeds (subject to RBI limits, generally up to two residential properties).
Home loans for NRIs
Indian banks and housing-finance companies offer home loans to NRIs/OCIs for ready and under-construction homes:
- Loan-to-value is broadly similar to resident loans (up to ~75–90% by slab).
- EMIs must be paid from your NRE/NRO account or by inward remittance.
- Tenure is usually shorter than for residents; eligibility depends on overseas income, credit profile and the lender.
- RERA-registered projects with clear title are approved faster — see our RERA projects guide.
TDS & taxes for NRI buyers
- When buying a property worth ₹50 lakh or more from a resident (e.g. a builder), the buyer deducts 1% TDS on the purchase value.
- If you buy from another NRI seller, TDS is deducted at a higher rate on the seller's capital gains.
- Rental income from the property and capital gains on a future sale are taxable in India.
- You also pay the same stamp duty & registration as residents — see our Rajasthan stamp duty guide.
Tax rules and rates change — confirm your specific TDS and tax liability with a chartered accountant before the transaction.
Tips for NRIs buying from abroad
- Execute a registered Power of Attorney to a trusted family member or representative in India.
- Buy only RERA-registered projects with verifiable title and approvals.
- Do independent legal due diligence on the title and encumbrances.
- Keep all remittance and payment records for future repatriation.
- Prefer a developer with a strong delivery record and after-sales support, since you are managing the purchase remotely.
Planning to buy or invest in Jaipur?
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