Begin Your Property Search the Right Way
Start by clearly listing your requirements, such as your budget, preferred location, type and configuration of home or commercial space, desired area (in square feet), amenities, and any specific features that suit your family’s or partner’s needs.
Most modern developments offer basic amenities like landscaped gardens and recreational areas. However, some additional features may come at an extra cost, so evaluating which amenities truly add value to your lifestyle or operations is important.
Also, familiarize yourself with key real estate terms such as carpet area, usable floor area, and whether the parking space is included in the total square footage. Don’t overlook shared/common areas either — understand how they are allocated, maintained, and what regulations apply.
Who is a non-resident Indian (NRI)?
A Non-Resident Indian (NRI) refers to an individual residing outside India who is either a citizen of India or a person of Indian origin, as defined under the Foreign Exchange Management Act (FEMA) regulations.
An individual is considered not resident in India under the following conditions:
-
The individual has stayed in India for 182 days or less during the preceding financial year.
-
The individual has left India or is staying outside India for employment, business, or any other purpose
