Can an NRI in Dubai or the Gulf buy a flat in Devanahalli?

Yes. An NRI or OCI card-holder can buy any residential or commercial property in India, including a flat or villa in Devanahalli, without RBI approval. Only agricultural land, plantation property and farmhouses are excluded (RBI Master Direction No. 12, para 3.1.1).

How do I pay for a home in Devanahalli from abroad?

Through Indian banking channels: money remitted to India, or your NRE, FCNR(B) or NRO account. Foreign currency notes and traveller's cheques are not allowed. A home loan from an Indian bank is paid to the developer, and you can repay it from abroad or from the rent (RBI Master Directions No. 12 and 6).

What tax applies when an NRI sells later?

The buyer deducts tax at source: 12.5% on long-term gains (held more than 24 months) and 30% on short-term gains, plus surcharge and cess, for tax year 2026-27. A lower-deduction certificate can reduce it to the tax actually due. Proceeds from up to two homes bought with foreign exchange or NRE/FCNR funds can be sent abroad.

Do I need to fly in to buy in Devanahalli?

Not necessarily. You can view projects on a video call, sign a power of attorney before the Indian embassy or consulate in your Gulf country, and have someone you trust register the sale. The power of attorney must be stamped in Karnataka within three months of reaching India.

The Gulf Desk · Bengaluru

Devanahalli, for buyers in the Gulf

Homes in Devanahalli priced in your currency, with the rules for buying from abroad set out plainly.

Today—per AED

In short

As of 21 October 2026, Property Point lists 47 projects in Devanahalli, from ₹37.91 L; 35 are new launches or under construction. NRIs and OCI card-holders can buy here much as residents do, paying from an NRE, FCNR or NRO account, and a power of attorney signed at the Indian mission lets someone in India register for you.

Metro: Blue Line airport section under construction, with Bagalur Cross, Doddajala, Airport City and KIAL Terminals stations; targets range from September 2027 to March 2028 (NativePlanet, Business Today, August 2026)
Drive times: Airport about 26 min, Manyata Tech Park about 45 min, MG Road about 78 min, ITPL about 110 min (Ola Maps, 12 October 2026)
Market rate: About ₹9,600 per sq ft asking; International Airport Road about ₹11,250 (Square Yards, June 2026)
On our books: Median about ₹9,650 per sq ft across 26 priced listings, range ₹6,700–17,000 (Property Point listings, October 2026)
Rent and yield: 2 BHK about ₹25,150 a month; gross yield about 3.25% (Square Yards, June 2026)

Why buyers abroad look at Devanahalli

North Bengaluru, which takes in Devanahalli and the airport, accounts for about 40% of NRI home sales in the city, by NoBroker's data reported by BW Businessworld (2026), which names Devanahalli among NRI favourites.
The airport metro (Blue Line Phase 2B, Hebbal to the airport) had passed the 72% mark in August 2026 (Business Today, 6 August 2026).
ANAROCK's Q2 2026 outlook lists a 1.33 million sq ft IT park in the Devanahalli ITIR and a ₹6,000 crore aerospace, defence and AI hub among the area's coming employers.
A Devanahalli project was the most-searched project on Magicbricks in Q2 2025 (Magicbricks PropIndex Q2 2025).

Sources: BW Businessworld (NoBroker data), 2026 · Business Today, 6 August 2026 · ANAROCK Bengaluru Q2 2026 · Magicbricks PropIndex Q3 2025

Homes in Devanahalli, in your currency

All 47 projects

Starting prices from developer information, 21 October 2026; indicative, before taxes and charges. Currency at today's rate. Check each project's RERA number on rera.karnataka.gov.in.

Can you buy here from abroad?

An NRI or an OCI can buy any immovable property in India other than agricultural land, plantation property or a farmhouse, without RBI approval (RBI Master Direction No. 12, para 3.1.1).
A foreign national who is neither an NRI nor an OCI generally cannot buy without RBI permission. The exceptions in the rules are leases of up to five years, property held or inherited from a resident, and one property bought jointly with an NRI or OCI spouse after at least two years of registered marriage (paras 1.1, 1.2, 4.1 and 4.3).
OCI card-holders are not covered by the restriction that applies to citizens of certain neighbouring countries (para 9.2).

Paying for it, and selling later

The price must be paid from money received in India through banking channels, or from your NRE, FCNR(B) or NRO account. Traveller's cheques and foreign currency notes are not allowed (RBI Master Direction No. 12, paras 3.3.1–3.3.2).
Home loans to NRIs are given on the same terms as to residents, and are paid to the seller, not into your NRE or FCNR account. You can repay from abroad, from your NRE, FCNR or NRO account, from the home's rent, or through a relative in India (RBI Master Direction No. 6, updated 8 September 2026).
Selling later: proceeds of up to two homes can be sent abroad if you paid for them in foreign exchange or from NRE or FCNR funds; loan instalments paid that way count too (Master Direction No. 12, para 8.2). NRO balances can be remitted up to USD 1 million a financial year (Master Direction No. 13).
Before money leaves India, Form 145 (earlier Form 15CA) is filed, with a chartered accountant's Form 146 (earlier 15CB) above ₹5 lakh where it applies (Income Tax e-filing portal).

Tax, in plain terms

Buying from a resident seller: deduct 1% tax at source when the price is ₹50 lakh or more (Income-tax Act, 2025, section 393(1), Table item 3(i)).
When you sell as a non-resident, the buyer deducts tax at source: 12.5% on long-term gains (held more than 24 months) and 30% on short-term gains, plus surcharge and cess (section 393(2), Table item 17, tax year 2026-27). A lower-deduction certificate from the Assessing Officer can reduce this.
The 20%-with-indexation option for property bought before 23 July 2024 applies only to residents, not to non-residents (section 197(3)).
Rent paid to a non-resident landlord carries 30% tax at source plus surcharge and cess. Rent can be credited to an NRE account (RBI Master Direction No. 14).
Indian tax on Indian rent and capital gains is worked out under the Income-tax Act whether or not your Gulf country taxes personal income; the UAE, for example, levies no income tax on individuals (u.ae).

What it costs to register in Bengaluru

Bengaluru (Karnataka): registration fee 2% since 31 August 2025 (Government notification RD/46/MNMU/2025). Stamp duty on a home is generally 5% plus additional duty of 10% of the duty (Karnataka Stamp Act, s.3B) and a surcharge; the base rate here is from developer guidance, so confirm the exact figure on the Kaveri portal before you register.
GST on a home under construction: 5% (1% for affordable homes), without input tax credit. No GST is due when the whole price is paid after the completion certificate (CBIC FAQ, 2019; CGST Act Schedule II, para 5(b)).

Questions buyers abroad ask

Can an NRI in Dubai or the Gulf buy a flat in Devanahalli?: Yes. An NRI or OCI card-holder can buy any residential or commercial property in India, including a flat or villa in Devanahalli, without RBI approval. Only agricultural land, plantation property and farmhouses are excluded (RBI Master Direction No. 12, para 3.1.1).
How do I pay for a home in Devanahalli from abroad?: Through Indian banking channels: money remitted to India, or your NRE, FCNR(B) or NRO account. Foreign currency notes and traveller's cheques are not allowed. A home loan from an Indian bank is paid to the developer, and you can repay it from abroad or from the rent (RBI Master Directions No. 12 and 6).
What tax applies when an NRI sells later?: The buyer deducts tax at source: 12.5% on long-term gains (held more than 24 months) and 30% on short-term gains, plus surcharge and cess, for tax year 2026-27. A lower-deduction certificate can reduce it to the tax actually due. Proceeds from up to two homes bought with foreign exchange or NRE/FCNR funds can be sent abroad.
Do I need to fly in to buy in Devanahalli?: Not necessarily. You can view projects on a video call, sign a power of attorney before the Indian embassy or consulate in your Gulf country, and have someone you trust register the sale. The power of attorney must be stamped in Karnataka within three months of reaching India.