NRI Guide to Buying Property in Bangalore
By Property Point Advisory·Updated September 2026
In short
NRIs can freely buy residential (and commercial) property in Bangalore under FEMA — no RBI approval needed, only agricultural land, farmhouses and plantations are barred. Fund it through NRE/NRO/FCNR accounts, appoint a trusted Power of Attorney for registration, and plan for TDS and repatriation limits up-front.
The rules
- Residential/commercial property is allowed; agricultural land, farmhouses and plantations are not
- Pay via NRE/NRO/FCNR banking channels — no cash
- A registered Power of Attorney lets a relative complete registration in your absence
Tax & repatriation
- TDS on purchase from a resident seller; higher TDS when buying from another NRI
- Sale-proceeds repatriation is capped at USD 1 million per financial year from NRO
- Home-loan tax benefits (80C, 24b) apply to NRIs filing Indian returns
Bangalore specifics
Verify FAR/plan sanction and Cauvery water — a recurring pain point in East Bengaluru micro-markets. A dedicated NRI desk can run khata (insist on a-khata; b-khata limits home loans and resale) and registration on your behalf.
Good to know
Questions buyers ask
Can NRIs buy property in Bangalore?
Yes — residential and commercial property, freely under FEMA. Only agricultural land, farmhouses and plantations are restricted.
How can an NRI repatriate sale proceeds?
Up to USD 1 million per financial year from an NRO account, subject to taxes paid and Form 15CA/CB.
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