PAYMENT STRUCTURE
Construction-linked payment plan — stage payments tied to verified milestones, fully compliant with RERA Karnataka escrow requirements.
CONFIGURATIONS & PRICING
All prices in Indian Rupees. Prices subject to applicable GST (5% for under-construction) and registration charges (≈6% in Karnataka including stamp duty).
LOCATION ADVANTAGE
Distances from Brigade Cornerstone Utopia to key employment, transport, and infrastructure nodes.
NRI INVESTMENT GUIDE
Buying residential property in Bangalore from the UAE? Here is the complete regulatory and practical roadmap — RERA Karnataka, FEMA, home loans, PoA, TDS and repatriation.
Confirm the project is registered at rera.karnataka.gov.in. RERA mandates quarterly construction updates, escrow accounts holding 70% of funds, and penalty clauses for delays — all critical safeguards for NRIs who cannot monitor construction in person.
NRIs and OCIs can purchase residential and commercial property in India without RBI approval under FEMA. Payment must be through an NRE / NRO account or by inward remittance — never via travellers' cheques or foreign currency cash.
SBI, HDFC, ICICI, Axis and Canara Bank all offer NRI home loans for Bangalore projects — up to 80% LTV on flats and 70% LTV on plots, with tenures up to 20 years. IA Wealth is a registered DSA and arranges pre-approvals from Dubai, handling paperwork without you visiting India.
Get a specific PoA prepared in India, notarise it before a UAE Notary Public, attest it at the Indian Consulate in Dubai or Abu Dhabi, then apostille it via the UAE MOFA. Once registered in Bangalore, your authorised representative can execute sale deeds and register the property on your behalf — no India trip needed.
Buying from a resident developer: deduct 1% TDS (Section 194-IA) on payments above ₹50 Lakh via Form 26QB. Karnataka stamp duty is 5% + 1% registration fee — factor ≈6% of property value into your total acquisition cost. IA Wealth provides a detailed cost sheet before you commit.
Rental income and sale proceeds credited to your NRO account are repatriable up to USD 1 million per financial year after deducting applicable taxes. NRE account balances are fully and freely repatriable at any time. Engage a CA for Form 15CA/15CB before each remittance above the threshold.
FREQUENTLY ASKED QUESTIONS
Answers to the questions Gulf NRIs ask most when evaluating Bangalore real estate investments.
GET IN TOUCH
IA Wealth's Dubai team guides Gulf NRIs through every step — from floor plan selection to home loan to registration. No India visit needed.
We are RERA-registered Dubai brokers (Reg. 52591) with a dedicated India desk. Our advisors have personally walked every site and can connect you with developer STMs, bank DSAs, and PoA lawyers — all from your Dubai meeting room.
Exclusive NRI Offer
Limited units available at launch pricing. Our Dubai advisors will share floor plans, payment plans and NRI home loan options within 2 hours.