NRI Real Estate Guidelines – Invest in Tamil Nadu with Confidence

At i5 Housing & Properties, we understand the unique challenges Non-Resident Indians (NRIs) face when investing in real estate back home. Since 2010, we have been helping thousands of NRIs across the USA, Middle East, Singapore, Australia, and Europe buy legally approved plots, villas, apartments, and farmland in Chennai and across Tamil Nadu — with complete transparency and hassle-free processes.

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Why Choose i5 Housing for NRI Investments?

DTCP, CMDA & RERA Approved Projects – 100% legally compliant properties.

Remote Support – Book, pay, and register from anywhere in the world.

Dedicated NRI Desk – Personalized assistance for documentation, legal support, and registration.

Banking & Loan Assistance – Tie-ups with major banks for home/plot loans.

Trusted Since 2010 – 85+ projects completed, 6,000+ families served.

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What Can NRIs Buy in India?

As per the FEMA (Foreign Exchange Management Act) guidelines:
  • Residential properties (plots, apartments, villas).
  • Commercial properties.
  • Agricultural land & plantations (except via inheritance or special permissions).
  • Our team ensures all properties you buy are within NRI-eligible categories.
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Documents Required for NRI Property Purchase

To buy property in India, you’ll need:
  • Valid Passport (with visa / OCI / PIO card if applicable).
  • PAN Card (mandatory for all financial transactions).
  • Indian Address Proof (Aadhaar, voter ID, or overseas residence proof).
  • Passport-size Photographs.
  • OCI / PIO Card (if applicable).
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Payment Options for NRIs

NRIs can make payments through:
  • NRE / NRO Accounts (preferred & RBI-compliant).
  • Foreign Bank Transfers (SWIFT).
  • Home Loans (via Indian banks with NRI loan schemes).
  • All payments must comply with RBI guidelines. We assist with seamless transactions and documentation.
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Step-by-Step Process for NRIs with i5 Housing

NRIs can make payments through:
  • Explore Projects Online – Browse plots, villas, apartments, or farmlands.
  • Virtual Consultation – Video calls with our sales team for project briefing.
  • Site Visit Assistance – Guided visit for you or your family in India.
  • Booking & Documentation – Reserve your unit with token advance.
  • Legal Verification – Titles, approvals, and EC provided for review.
  • Registration – Done in person or via PoA (Power of Attorney).
  • Handover & Support – Post-purchase assistance: Patta, EC, electricity, water, etc.
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Home Loan Assistance for NRIs

We have tie-ups with leading banks:
  • SBI, HDFC, ICICI, LIC Housing Finance, Axis Bank, etc.
  • Guidance on eligibility, loan amount, and processing.
  • End-to-end documentation support.
  • All payments must comply with RBI guidelines. We assist with seamless transactions and documentation.
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Power of Attorney (PoA) for NRIs

If you cannot travel to India, you can appoint a PoA holder who can:
  • Sign sale agreements on your behalf.
  • Register property in your name.
  • Handle loan & bank formalities.
  • Our legal team helps you draft & register PoA documents (in India or abroad via Indian Embassy).
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Power of Attorney (PoA) for NRIs

If you cannot travel to India, you can appoint a PoA holder who can:
  • Sign sale agreements on your behalf.
  • Register property in your name.
  • Handle loan & bank formalities.
  • Our legal team helps you draft & register PoA documents (in India or abroad via Indian Embassy).
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Tax & Compliance for NRIs

If you cannot travel to India, you can appoint a PoA holder who can:
  • TDS (Tax Deducted at Source) applies when you sell property.
  • Capital Gains Tax is applicable on resale depending on the holding period.
  • Rental Income from your property in India is taxable but eligible for deductions.
  • Our experts connect you with CA/Tax advisors for smooth compliance.
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Testimonials from Our NRI Clients

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I booked a villa with i5 Housing while sitting in Dubai. Everything was transparent and legally clear. The PoA process was smooth, and registration was hassle-free.

Arjun Mehta

Dubai

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As an NRI from Singapore, I was initially hesitant. But the i5 team gave me virtual tours and handled everything till registration. Highly recommended.

Divya R

Singapore

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As an NRI from Singapore, I was initially hesitant. But the i5 team gave me virtual tours and handled everything till registration. Highly recommended.

Divya R

Singapore

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NRI FAQs – Quick Answers
Can NRIs buy property in India?
Yes. NRIs can buy residential and commercial properties. Agricultural land and farmhouses are restricted unless inherited.
Yes, at i5 Designs, we provide detailed 3D renderings of your home interior layout so you can visualize the entire design before implementation. This is offered for all projects across Chennai, Coimbatore, and other parts of Tamil Nadu.
The timeline depends on project scope and size. On average, we take 30–60 days to complete a residential interior for a 2–3 BHK flat in Chennai or Coimbatore. For villas and bungalows, the timeline may extend up to 90 days.
Absolutely. We offer flexible packages to suit every budget without compromising on quality. Whether it’s a premium project in Coimbatore, a mid-range apartment in Chennai, or a compact home in other cities of Tamil Nadu, we tailor the design to match your budget and lifestyle.
Yes, we offer complete turnkey solutions—from concept design, 3D visualization, furniture fabrication, electrical planning, and false ceiling to final installation. Our turnkey services are available in Chennai, Coimbatore, and across Tamil Nadu.
We work with trusted local and branded vendors for materials, hardware, laminates, and finishes. This ensures consistency, quality, and better cost control—especially in areas like Mogappair, Anna Nagar, RS Puram, and across Tamil Nadu.
We work with trusted local and branded vendors for materials, hardware, laminates, and finishes. This ensures consistency, quality, and better cost control—especially in areas like Mogappair, Anna Nagar, RS Puram, and across Tamil Nadu.
Connect with Our NRI Desk
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Thinking of investing in Chennai or Tamil Nadu real estate? Let us guide you.

Call/WhatsApp:

99621 67778

Still Have Questions?

I5 Housing & Properties

No 4, 3rd Floor, Pushpa Nagar Main Road, Iyyapanthangal, Chennai - 600056.

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