NRI Guide: Investing in Bangalore Real Estate from Abroad

NRI Investment in Bangalore Real Estate: Complete Guide 2025

Bangalore remains a top destination for NRI real estate investment. With strong rental yields, appreciation potential, and emotional connect, investing in India's Silicon Valley makes sense. Here's everything NRIs need to know about investing through Avroo's Abode.

Why Bangalore for NRI Investment?

• Strong Rental Yields: 3-4% returns, among the highest in India
• Appreciation: 8-12% annual appreciation in key areas
• IT Hub: Consistent demand from professionals
• Infrastructure: Metro, airport, and road development
• Lifestyle: Quality education, healthcare, and amenities

Legal Framework for NRIs

What NRIs Can Buy

• Residential properties (any number)
• Commercial properties (any number)
• Agricultural land (with specific conditions)

What NRIs Cannot Buy

• Agricultural land (directly)
• Farmhouses
• Plantation properties

Documentation Required

• Valid passport copies
• OCI/PIO card (if applicable)
• PAN card
• Address proof (overseas and Indian)
• Photographs
• Power of Attorney (if not present for registration)
• NRE/NRO account details

Payment Options

Funding Sources

• NRE Account (foreign earnings)
• NRO Account (Indian earnings)
• Home loans from Indian banks
• Direct remittance from abroad

Home Loans for NRIs

Most Indian banks offer NRI home loans with:

• Loan amount: Up to 80% of property value
• Tenure: Up to 20 years or retirement age
• Documents: Employment proof, income tax returns, bank statements

Tax Implications

• TDS on Purchase: Seller pays TDS, buyer ensures compliance
• Rental Income: Taxed at applicable slab rates
• Capital Gains: LTCG at 20% with indexation (after 2 years)
• Repatriation: Up to 2 properties' sale proceeds can be repatriated

Property Management for NRIs

At Avroo's Abode, we offer comprehensive property management for NRI investors:

• Tenant Management: Screening, lease agreements, rent collection
• Maintenance: Regular upkeep and emergency repairs
• Legal Compliance: Police verification, rental agreements
• Financial Reporting: Monthly statements and tax documentation
• Resale Support: Valuation and sale assistance

Power of Attorney

If you can't be present for transactions, a POA is essential:

• Can be executed at Indian consulate abroad
• Should be specific to the property
• Include all necessary powers
• Needs to be adjudicated in India

Investment Tips for NRIs

1. Research thoroughly before investing
2. Verify builder credentials and RERA registration
3. Visit property if possible before purchase
4. Use reputable property consultants
5. Keep all documentation organized
6. Understand tax implications in both countries
7. Have reliable property management in place

Why Partner with Avroo's Abode?

We understand NRI needs and concerns. Our end-to-end services ensure:

• Verified properties only
• Transparent transactions
• Complete documentation support
• Post-purchase property management
• Regular updates and reporting

Investing from abroad? Contact Avroo's Abode for trusted guidance.