01
RERA Telangana Verification
Verify the project on RERA Telangana (rera.telangana.gov.in) before booking. All new projects over 500 sq m or 8 units must be registered. Request the RERA certificate and check completion timelines.
02
NRI Eligibility under FEMA
NRIs and PIOs can freely purchase residential and commercial property in India. No RBI approval is required. Payments must come through NRE/NRO accounts or inward remittance — never through foreign currency notes or traveller's cheques.
03
Home Loan for Gulf NRIs
Leading banks — SBI, HDFC, ICICI, Axis — offer NRI home loans up to 80% of property value. Eligibility is based on overseas income. IA Wealth is a registered DSA and can facilitate loan processing from Dubai without you travelling to India.
04
Power of Attorney (PoA)
Most Gulf-based buyers execute a PoA to allow a trusted person in India to sign documents on their behalf. The PoA must be notarised in the UAE/GCC country and attested at the Indian Embassy before being apostilled and registered in Hyderabad.
05
TDS on Property Purchase
When buying from an NRI seller, the buyer must deduct TDS at 20% (plus surcharge/cess) on the sale price. When buying directly from a developer (resident), standard 1% TDS on purchases above ₹50 Lakh applies. IA Wealth's tax advisor can guide you through compliance.
06
Repatriation of Sale Proceeds
On resale, you can repatriate up to USD 1 million per financial year from an NRO account after paying applicable taxes. Principal from NRE account purchases can be fully repatriated. Retain all purchase documents, loan statements, and tax receipts for smooth repatriation.
