From eligibility to taxes: What NRIs need to know before buying a home in India

Non-Resident Indians can now easily buy residential property in India. Payments must flow through recognized banking channels, and cash deals are prohibited. Banks offer loans to NRIs on terms similar to resident buyers. The PMAY subsidy scheme is not directly available to NRIs. Affordable housing options are emerging in various Indian cities.

By TOI REAL ESTATE DESK