NRI Guide to Buying Property in Hyderabad (2026): Rules, Payments, Loans and Process
Quick answer: Yes, NRIs and OCI cardholders can buy residential property in Hyderabad, with no limit on the number of homes. Agricultural land, plantations and farmhouses are restricted.
- Payment: through banking channels, either your NRE, NRO or FCNR account or an inward remittance.
- Home loans: available from Indian banks.
- Buying from abroad: with a registered power of attorney, you can complete the purchase without travelling.
Why read this, and how it helps you
Why are so many NRIs buying back home without flying in? Because video tours, NRE payments and a power of attorney make it simple. Here's how the rules work, and how to buy a Hyderabad home step by step from anywhere.
Sources: RBI / FEMA rules for NRIs & OCIs; Telangana Registration Dept. Not legal or tax advice.
Who can buy?
Under India's Foreign Exchange Management Act (FEMA) rules:
- Non-Resident Indians (NRIs) and Overseas Citizens of India (OCI) can buy residential and commercial property.
- They cannot buy agricultural land, plantation property or farmhouses (except by inheritance).
How to pay
All payments must go through normal banking channels:
- from your NRE, NRO or FCNR(B) account in India, or
- by inward remittance from abroad.
Payments in foreign currency notes or traveller's cheques are not allowed.
Home loans for NRIs
Most major Indian banks offer home loans to NRIs.
What you typically need:
- passport and visa or OCI card
- overseas employment proof and salary slips
- bank statements
- PAN
How it works:
- EMIs are repaid from your NRE or NRO account.
- Loan amounts and terms depend on income and the bank's policy.
Documents checklist
- Passport (and OCI card, if applicable)
- PAN card
- Overseas address proof
- NRE / NRO account details
- Passport-size photographs
- Power of attorney (if you won't be present)
Buying without flying in
- Video site visit: tour the show apartment and the site live with our team.
- Choose your home: review floor plans, the cost sheet and RERA details online.
- Book: pay the booking amount through your NRE or NRO account.
- Power of attorney: execute a PoA abroad (attested at the Indian embassy or consulate as required) in favour of a trusted person in India.
- Agreement and registration: your PoA holder signs and registers on your behalf. See our stamp duty guide.
Taxes to know about
- Rental income from your Indian property is taxable in India.
- When you sell, tax is deducted at source by the buyer, and capital gains rules apply.
- Repatriation: sale proceeds can be sent abroad within the limits set by RBI rules. Keep all payment records.
Tax rules change. Please consult a chartered accountant for your situation.
Why NRIs choose Hyderabad
- A strong job market that supports rental demand.
- A high quality of life for families who plan to return.
- Planned growth in the western corridor.
→ Why Hyderabad is India's standout real estate market
Homes NRIs ask us about
- Honer Aquantis, Gopanpally: ready to move, so there's no construction to monitor from abroad. Only a few homes left.
- Honer Signatis, Kukatpally: 3, 3.5 & 4 BHK, possession from December 2026.
- Honer Richmont, near HITEC City: 5 BHK boutique mansions for those planning a long-term return.
Frequently asked questions
Can NRIs buy property in India without visiting?
Yes. With a registered power of attorney, a trusted person in India can sign and register on your behalf.
Can NRIs get a home loan in India?
Yes. Most major Indian banks offer NRI home loans, repayable from NRE or NRO accounts.
Can OCI cardholders buy flats in Hyderabad?
Yes. OCI cardholders have the same rights as NRIs to buy residential property.
Can NRIs buy agricultural land in India?
No. Agricultural land, plantations and farmhouses are restricted, except through inheritance.
How can NRIs pay for property in India?
Through normal banking channels only: from an NRE, NRO or FCNR(B) account in India, or by inward remittance from abroad.
Is there a limit on how many homes an NRI can buy?
No. NRIs and OCI cardholders can buy any number of residential properties in India.
Can NRIs send the sale proceeds abroad?
Yes, within the limits set by RBI rules. Keep all payment records, and consult a chartered accountant on tax.
Book a live video tour from anywhere in the world: +91 83026 16666 (10 AM–6 PM IST) or request a call back.
Sources: Reserve Bank of India, FEMA regulations on acquisition of immovable property by NRIs/OCIs; Income Tax Department. This guide is general information, not legal or tax advice.
