Investment in real estate has consistently proven to be a lucrative avenue for Non-Resident Indians (NRIs). In the current climate, securing a home in India has gained paramount importance, especially following the COVID-19 pandemic.

We Samruddhi, located in Tadepalli, Guntur, Has extend a warm welcome to NRIs looking to invest in innovative residential and commercial projects. With nearly decades of experience in the real estate sector, we have delivered substantial returns to countless NRIs who chose to partner with us. Our commitment at Samruddhi is to maintain transparent communication and provide timely updates regarding our projects. We strive to facilitate property transactions that meet all your real estate investment needs, ensuring a safe and rewarding investment experience. If you are considering property investments in India, we invite you to explore our promising upcoming luxury projects that are poised to transform your perspective on the real estate market in Tadepalli and beyond.

Samruddhi NRI Assistance

The Samruddhi NRI team is dedicated to guiding you through every step of your investment journey, ensuring you have all the necessary information to make informed decisions.

Our services include:

  • We provide comprehensive details about available bank loan options tailored for NRIs.
  • Our team assists you in navigating the loan application process smoothly.
  • We ensure you receive honest and clear information about project developments, from initiation to registration.
  • We handle all necessary documentation and paperwork, alleviating any concerns you may have.
  • We prioritize transparency in all transactions, ensuring you know exactly what to expect.
  • If you are unable to be physically present, we can manage the registration process on your behalf, ensuring a seamless experience.

With Samruddhi, you can invest with confidence, knowing that we are here to support you at every stage.

Frequently Asked Questions

Q: Will I get any assistance from Samruddhi if I am planning to invest in one of your properties?

Yes, the Samruddhi NRI Assistance will provide you with all the necessary information needed for you to invest in a property at Samruddhi.

Q: What are the documents needed for an NRI to make land purchases in India?

  • Power of attorney (In the name of an Indian resident who can carry out legal and financial proceedings on your behalf)
  • PAN Card of the buyer
  • Passport of the buyer (in case your PAN card is unavailable)
  • An NRE or NRO account

Q: Who are NRIs and PIOs?

A Non Resident Indian (NRI) is an Indian citizen who works abroad for an uncertain period of time. Person of Indian Origin (PIO) is a person, who either at some point held an Indian passport or he/his parents/grandparents were Indian citizens as per the Constitution of India or Citizenship Act, 1955.

Q: Is it possible for an NRI/PIO to buy property in India?

Yes, an NRI/PIO can buy property in India as per the general permission granted by the RBI.

Q: Is it possible for an NRI to obtain or give off a property in India as a gift?

Yes, an NRI can do so to someone who is an Indian Citizen or a PIO.

Q: Can an NRI sell his/her property in India without RBI’s permission?

No, an NRI cannot sell property in India without RBI’s permission.

Q: Is it possible for an NRI to own a commercial property in India?

Yes an NRI can own commercial properties in India other than agricultural lands/plantation property/farmhouses.

Q: Can an NRI avail loan for purchasing a property in India?

Yes an NRI can avail a loan for purchasing a property in India but only from certain institutions like LIC Housing Finance Ltd., HDFC, etc.

Q: What are the taxes applicable to the income earned by a property owned by an NRI?

Any income from a property owned by an NRI, be it in the form of rent, annual value or capital upon sale is taxable.

WRITE TO US

We at Samruddhi Builder & Developers are always approachable. All you need to do is reach out to us.