By Arpan, Real Estate Investment Analyst · Published 14 Jul 2026 · Last updated 14 Jul 2026

For non-resident Indians, a home from a trusted, listed developer is one of the easiest and safest ways to hold Indian real estate, because a strong brand reduces the risk that is hardest to manage from abroad. This 2026 guide explains how an NRI can buy a Godrej Properties home in Bangalore, from FEMA eligibility and funding through NRE and NRO accounts to home loans, Power of Attorney, taxes and repatriating your money later. The rules are straightforward once you know them, but tax positions differ by country and situation, so treat this as a practical map and confirm specifics with your bank and a chartered accountant.

Can NRIs Buy Property in Bangalore?

Yes. Under FEMA, NRIs and OCI cardholders can freely buy residential and commercial property in India, including Godrej apartments in Bangalore, with no special approval and no cap on the number of homes. The one restriction is that they cannot buy agricultural land, farmhouses or plantation property. A completed or under-construction apartment from a developer like Godrej falls squarely within what an NRI is allowed to own, which is why branded city apartments are the most common NRI purchase.

The NRI Purchase at a Glance (2026)

The table sets out the key building blocks of an NRI purchase so you can see the whole process before going into detail.

Indicative process for 2026 based on prevailing FEMA and RBI rules. Confirm current requirements with your bank and a chartered accountant before you transact.

How to Fund the Purchase: NRE, NRO and FCNR

All payments must move through normal banking channels, not foreign currency cash. You can pay from an NRE account funded by your overseas income, an NRO account that holds your India-sourced income, or an FCNR deposit. The choice matters most for later repatriation: money brought in and paid from an NRE account is the easiest to send back abroad, while funds routed through an NRO account face the annual repatriation limit and more paperwork. If you expect to take the money out of India in future, funding from an NRE account keeps things simplest.

Home Loans for NRIs

You do not have to buy in full cash. Most major Indian banks and housing finance companies offer home loans to NRIs, typically funding up to around 75 to 80 percent of the property value, with the balance as your down payment. Interest rates are broadly in line with resident loans, tenures are usually a little shorter, and EMIs are repaid from your NRE or NRO account. A Godrej project generally has approvals from leading banks, which simplifies the loan, but always confirm that your specific project and tower are on the lender's approved list before you apply.

Power of Attorney and Documentation

Because you may not be in India for site visits, agreement signing and registration, a Power of Attorney is the tool that lets a trusted person act for you. It is not legally mandatory, but it is highly practical, and it must be carefully drafted for the specific transaction and attested at the Indian embassy or consulate in your country of residence, then adjudicated in India. Keep your core documents ready too: a valid passport, your OCI or PIO card if applicable, a PAN card for the transaction and taxes, and overseas plus Indian address proof. Clean paperwork upfront prevents most NRI purchase delays.

Taxes, TDS and Repatriation

On purchase, an NRI pays the same stamp duty, registration charges and applicable GST as any buyer. The tax points that need planning come later. When you eventually sell, capital gains tax applies, and the buyer must deduct TDS at the applicable rate on the sale value, which is higher for NRI sellers than residents, though you can apply for a lower-deduction certificate. Rental income is taxable in India as well. On sending money abroad, sale proceeds can be repatriated within the RBI limit of up to USD 1 million per financial year from an NRO account, once taxes are paid and a chartered accountant certificate is in place. A double-taxation avoidance agreement between India and your country can prevent you being taxed twice, so plan the tax side with a professional early.

Why Godrej Suits NRI Buyers

The single biggest NRI risk is buying something you cannot easily monitor from abroad, which is exactly where a strong developer helps. A listed brand like Godrej offers transparency, RERA-registered projects and a delivery track record you can verify remotely, and its Bangalore homes sit in high-demand IT corridors with steady rental and resale demand. The pre-launch Godrej Whitefield on the East Bangalore belt in Whitefield is one such option for NRIs wanting an early entry into a new Godrej community, while ready Godrej projects suit those who want immediate rental income. Either way, the brand does much of the remote due diligence for you.

More Godrej Properties and Bangalore market guides.