Can an NRI buy NA residential plots in Pune?

Yes. Under FEMA guidelines, NRIs and OCIs can purchase sanctioned non-agricultural (NA) residential plots and villas in India. Misty Greens at Paranjape Forest Trails offers collector-sanctioned, RERA-approved NA plots with clear 7/12 title extracts.

Can an NRI buy property in Pune without traveling to India?

Yes. NRIs can execute a Special Power of Attorney (POA) attested by the Indian Consulate or notarized in their country of residence, allowing a family member or legal representative in Pune to complete the registration process.

What are the tax implications on rental income for NRIs in India?

Rental income earned from Indian property is subject to standard 30% TDS, but NRIs can avail of a 30% standard deduction for repairs and maintenance, as well as deductions on property taxes and home loan interest under Section 24.

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NRI Real Estate Investment Guide — Pune West 2026

A complete advisory framework for Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and Persons of Indian Origin (PIOs) looking to acquire high-appreciation residential property, NA plots, and luxury villas in Pune.

NRI Dedicated Concierge: Virtual tours, end-to-end legal title verification, Special Power of Attorney (POA) drafting, and NRE/NRO transaction support. Call or WhatsApp our Global NRI Desk at +91 7744009295.

FEMA Compliance & Legal Framework (2026)

Under the Foreign Exchange Management Act (FEMA), Non-Resident Indians and OCIs have broad permissions to acquire residential and commercial real estate in India with full repatriation rights:

✅ Permitted Assets: NRIs can freely buy residential flats, apartments, luxury villas, and non-agricultural (NA) bungalow plots without requiring Reserve Bank of India (RBI) prior approval.
✅ Non-Permitted Assets: NRIs cannot purchase agricultural land, plantation property, or farmhouse land unless inherited. All plots at Misty Greens are 100% sanctioned Non-Agricultural (NA) collector-approved plots.
✅ Banking Channels: Inward remittances must flow through normal banking channels via NRE, NRO, or FCNR accounts in INR. No cash transactions are permissible.
✅ Repatriation of Sale Proceeds: Capital invested up to the original foreign currency remittance amount can be freely repatriated outside India, with profits repatriable under the standard USD 1 Million per financial year scheme.

Why Pune West & Forest Trails is #1 for Global Investors

Criteria	Typical Standalone Project	Paranjape Forest Trails (Bhugaon)
Appreciation (2019–2026)	8% – 12% CAGR	18% – 22% CAGR
Legal Security	Varies widely	100% RERA Registered (9 Distinct Numbers)
Land Ownership	Undivided share (UDS)	Independent Clear-Title 7/12 Extract (Plots/Villas)
Township Infrastructure	Standard building amenities	190-Acre Forest Township, Olympic Complex, Equestrian
Remote Buying Assistance	Basic sales calls	Full POA Execution & 4K Virtual Walkthroughs

Step-by-Step Remote Acquisition via Power of Attorney (POA)

Virtual Discovery & Unit Selection: 4K drone videography and live walkthroughs of specific plots or villas.
Booking & KYC Submission: Passport copy, PAN card, OCI card (if applicable), and overseas utility bill.
Special Power of Attorney (POA): Draft prepared by Paranjape legal counsel, notarized and apostilled by the Indian Embassy/Consulate in your resident country (US, UK, UAE, Australia, Singapore).
Registration at Sub-Registrar Office: Appointed POA holder executes the registered agreement for sale in Pune.
Possession & Property Management: Comprehensive rental assistance and property caretaking services.

Schedule an Exclusive Video Consultation with our NRI Desk

Available in all time zones (US PST/EST, UK GMT, UAE GST, Singapore SGT)

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