By Vikas, Real Estate Content Writer · Published 13 Jul 2026 · Last updated 13 Jul 2026

A general buyer guide for 2026. Banking, tax and repatriation rules for NRIs are governed by RBI, FEMA and the tax authorities and can change, so confirm the current rules with your bank and a qualified adviser before you act.

Buying a home in India from abroad is more straightforward than most Non-Resident Indians expect, but it runs on a specific set of banking and legal rules. NRIs are freely allowed to buy residential property in India, can fund it through Indian bank accounts and home loans, and can even complete registration without flying down by appointing a trusted representative. The details, though, matter: how you pay, which account you use, how the paperwork is signed and how you might one day take the money back out all follow set procedures. For an NRI eyeing an apartment in Kompally, knowing these upfront makes the whole purchase calm and predictable.

This guide covers what NRIs can and cannot buy, the payment and banking rules, home loans, the role of a power of attorney, the taxes involved and how sale proceeds can be repatriated. The rules below are general; always confirm the current position with your bank and a qualified legal or tax adviser before acting.

What an NRI Can and Cannot Buy

Under the foreign-exchange framework, an NRI can freely purchase residential and commercial property in India, and there is no limit on the number of such properties. What is not permitted without special approval is agricultural land, plantation property and farmhouses. So an apartment in a residential project is squarely within what an NRI may buy, with no prior permission required. This is the single most reassuring fact for first-time NRI buyers, and it means the process from here is about paperwork and payments, not eligibility.

Bottom line: NRIs can freely buy residential and commercial property, but not agricultural land, plantations or farmhouses.

Payment and Banking Rules

All payments for the property must be made in Indian rupees through normal banking channels, using funds held in an Indian account. NRIs typically route payments through an NRE, NRO or FCNR account. Payment in foreign currency cash or by traveller's cheque is not allowed. Keeping the transaction inside these accounts also makes later steps, such as claiming repatriation of sale proceeds, far simpler, because the money trail is clean and documented from the start.

General process; exact requirements vary by bank and project. Confirm the current rules with your bank and adviser.

Bottom line: pay in rupees through an NRE, NRO or FCNR account, never in foreign cash.

Home Loans for NRIs

Indian banks and housing finance companies offer home loans to NRIs, usually on terms broadly comparable to those for resident buyers, with eligibility based on income, age and the lender's checks. Repayment is generally made through your NRE or NRO account by remittance from abroad or from Indian income. As with any buyer, the loan funds the property cost but not the stamp duty, registration or GST, so plan those separately. Reading a general home loan guide alongside this one will help you compare the numbers before you apply.

Bottom line: NRI home loans are widely available; budget stamp duty, registration and GST on top of the loan.

Power of Attorney and Registration

Many NRIs cannot be present in India on the registration date, so they appoint a trusted person, often a family member, through a power of attorney to sign and complete registration on their behalf. The document should be specific about the powers granted, and when it is executed abroad it typically needs to be attested and then handled per Indian requirements before use. A carefully drafted power of attorney is what lets a purchase complete smoothly without the buyer travelling, so it is worth getting it drawn up by a competent lawyer rather than using a generic template.

Bottom line: a properly drafted power of attorney lets a trusted representative register the property while you stay abroad.

Taxes and Repatriation

The same purchase taxes apply to NRIs as to residents: stamp duty and registration at the state level, and GST where the home is under construction, as covered in our stamp duty and registration guide. On a future sale, capital-gains tax applies, and the buyer of your property must deduct tax at source. Sale proceeds can generally be repatriated abroad within the limits and conditions set by the foreign-exchange rules, provided the purchase was funded through proper banking channels and the paperwork supports it. Because these rules carry conditions and limits, an NRI should plan the tax and repatriation side with a qualified adviser before both buying and selling.

Bottom line: the same purchase taxes apply, and clean banking records are what make later repatriation possible.

Conclusion

For an NRI, buying an apartment in Hyderabad is well within reach: residential property is freely permitted, home loans are available, and a power of attorney lets the purchase complete without a trip to India. The key is to run the transaction correctly, paying in rupees through an NRE, NRO or FCNR account, verifying the project's RERA and title, budgeting stamp duty, registration and GST alongside the price, and keeping clean records so any future repatriation is smooth. Confirm the current banking, tax and foreign-exchange rules with your bank and adviser, and an apartment in Kompally can be bought from anywhere in the world with confidence.

For more local detail, return to the Kompally real estate guide, or explore the property guides blog.