NRI Property Buying Guide Pune: Dual Currency Booking, FEMA Norms & 5.8% Rental Yields
1. Foreign Exchange Management Act (FEMA) Guidelines for NRIs
Under Reserve Bank of India (RBI) and FEMA provisions, NRIs and OCIs can purchase unlimited residential and commercial properties in India without prior RBI permission, utilizing NRE, NRO, or FCNR bank accounts.
2. Dual Currency Advisory & Virtual Video Walkthroughs
Puraniks Abitante Fiore provides dedicated NRI advisory desks assisting buyers from Dubai, London, New York, and Singapore with real-time video walkthroughs, digital cost sheets in USD/AED/GBP/SGD, and authorized Power of Attorney (PoA) registration support.
3. High Rental Demand & Easy Capital Repatriation
Rental yields from Pune tech corridor properties hover between 4.5% and 5.8%, with rental proceeds easily remittable overseas via NRE accounts up to USD 1 Million per financial year under RBI Liberalized Remittance Scheme.
Puraniks Abitante Fiore: Available Configurations
45-Acre Hillside Italian Township with Balcony Gardens, Club Azzurro & Venetian Lagoon. MahaRERA: P52100020202.