For buyers and investors abroad
Buying Mumbai property as an NRI.
The mechanics are manageable once they're laid out. Below is what to plan for, how a remote purchase works, and the questions NRIs ask us most. Zero brokerage applies exactly as it does for a resident buyer.
NRE and NRO accounts
Funds for the purchase and the sale proceeds move through NRE and NRO accounts, each with its own repatriation rules.
Repatriation of sale proceeds
Subject to limits and documentation, sale proceeds can be repatriated. The route depends on how the purchase was funded.
Power of Attorney
A POA lets a trusted person in India sign and complete steps on your behalf when you cannot be present.
TDS on an NRI seller and DTAA
When an NRI sells, TDS applies at a higher rate; the Double Taxation Avoidance Agreement may reduce it. Confirm with your CA.
Remote due diligence
Video walkthroughs and document review let you evaluate a launch without flying in for every step.
Zero brokerage, unchanged
The developer pays our fee whether you sit in Mumbai or abroad. Your cost is the same as a resident buyer's.
How a remote purchase works
Four steps.
01
Share your brief
Budget, configuration, intent — over WhatsApp or video call.
02
Shortlist & video walkthrough
We send the launches that fit and walk you through them on video.
03
Documents & POA
You review the paperwork; a POA is arranged where a signature is needed in India.
04
Book & track
You book against the project's MahaRERA number, and we track milestones to possession.
NRI questions
Five we hear often.
Can I buy entirely from abroad?+
Largely, yes. Video walkthroughs and a Power of Attorney cover most steps; some signatures may still need your presence or a notarised POA.
Which account funds the purchase?+
NRE funds (foreign-origin, repatriable) or NRO funds, depending on the source. The account affects how you repatriate later.
Can I take the sale proceeds out of India?+
Up to the prescribed limits and with the right documentation, yes. The route depends on how the purchase was funded.
What tax do I owe on a sale?+
Capital gains tax applies, and TDS is deducted at a higher rate for NRIs. The DTAA between India and your country may reduce it — confirm with your CA.
Do I pay you a brokerage?+
No. The developer pays our fee, exactly as for a resident buyer. Your cost is identical whether you approach them directly or through us.
Urban Square Realtors is a real estate agency, not a tax, legal or foreign exchange adviser. Confirm your specific position with a qualified chartered accountant.
Start your remote purchase.
Send your brief on WhatsApp or ask for a video call. We'll take it from there.