Embassy Group · Devanahalli

Embassy Springs — Plots & Luxury Villas in Bangalore

Location: Devanahalli, Bangalore Possession: Ready to Register Size: 1,200 – 4,000 sq ft (plot); 3,500 – 6,000 sq ft (villa) Units: 1,000+ plots and 200 villas across 288 acres
₹1.8 Cr onwards · INR
  • 5 km from Kempegowda International Airport
  • 288-acre integrated township
  • BMICAPA Zone — aerospace & IT growth corridor
  • Lakefront plots available
  • Only plotted development by Embassy Group
Get Floor Plans & Pricing WhatsApp Enquiry
Description Description Description Description Description

PAYMENT STRUCTURE

Payment Plan

Construction-linked payment plan — stage payments tied to verified milestones, fully compliant with RERA Karnataka escrow requirements.

20%
On Booking
20%
Within 30 Days of Booking
60%
On Possession / Registration

CONFIGURATIONS & PRICING

Unit Types & Pricing

All prices in Indian Rupees. Prices subject to applicable GST (5% for under-construction) and registration charges (≈6% in Karnataka including stamp duty).

ConfigurationCarpet AreaPrice Range
30×40 Plot (1,200 sq ft)—₹1.8 – 2.1 Cr
40×60 Plot (2,400 sq ft)—₹3.6 – 4.2 Cr
60×80 Plot (4,800 sq ft)—₹7.2 Cr+
Ready Villa (3,500 sq ft)4 BHK₹5.5 – 6.5 Cr

LOCATION ADVANTAGE

Connectivity & Landmarks

Distances from Embassy Springs to key employment, transport, and infrastructure nodes.

Landmark / DestinationApprox. Distance
Kempegowda International Airport5 km
Aerospace SEZ / BMICAPA3 km
Hebbal / Yelahanka15 km
Proposed Metro Line (Airport corridor)4 km
MG Road / City Centre35 km

NRI INVESTMENT GUIDE

Gulf NRI Buyer's Guide — Bangalore

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.

01

RERA Karnataka Verification

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.

02

NRI Eligibility under FEMA

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.

03

NRI Home Loan from Dubai

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.

04

Power of Attorney (PoA)

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.

05

TDS & Karnataka Stamp Duty

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.

06

Repatriation of Proceeds

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

NRI Buyer FAQ — Embassy Springs

Answers to the questions Gulf NRIs ask most when evaluating Bangalore real estate investments.

Is Embassy Springs Devanahalli RERA-registered?
Yes, registered under RERA Karnataka. The plotted township has all BDA/BMRDA approvals in place, giving NRI buyers clear title confidence verifiable at rera.karnataka.gov.in.
Can Gulf NRIs purchase plots in India under FEMA?
Yes. NRIs and OCIs can purchase residential plots in India freely under FEMA. Agricultural land is restricted, but Embassy Springs is designated residential/township land — fully eligible for NRI ownership.
Why is Devanahalli a top NRI land investment zone?
Devanahalli's BMICAPA zone — an aerospace & IT growth corridor anchored by the international airport — has seen 3–5× land appreciation in 10 years. The proposed Namma Metro airport extension will further de-risk it.
Can I build my own villa on an Embassy Springs plot?
Yes. Embassy Springs sells raw plots with approved layout plans. You can construct independently following BBMP/BDA building bye-laws, or purchase an Embassy-constructed villa. NRIs often prefer a villa for a holiday/retirement home.
Is a home loan available for plot purchase?
Yes, though plot loans have slightly different terms — typically 70% LTV (vs 80% for flats) and a max tenure of 15 years. SBI's NRI plot loan and HDFC's NRI land loan are both available. IA Wealth arranges the DSA channel.
How does a NRI in Dubai handle property registration remotely?
A UAE-notarised and Indian Consulate-attested PoA authorises your representative to execute the sale deed and register at the Sub-Registrar Office in Devanahalli — no India trip required.
What capital gains tax applies on plot resale?
Plots held over 2 years qualify for LTCG at 20% with indexation. Devanahalli's high appreciation rate makes the indexed cost base significantly lower, reducing effective tax. Form 15CA/15CB from a CA is needed for repatriation.

GET IN TOUCH

Enquire About Embassy Springs

IA Wealth's Dubai team guides Gulf NRIs through every step — from floor plan selection to home loan to registration. No India visit needed.

Why Book Through IA Wealth?

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.

  • Dubai Office OBK Business Centre, 20F, Burj Gate, Sheikh Zayed Road
  • WhatsApp +971 56 909 3693
  • Email dubai@investadvise.in
  • RERA Reg. 52591
  • Speciality NRI India Residential Investment
Embassy Springs · ₹1.8 Cr onwards
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