{"id":7937,"date":"2024-12-29T05:00:18","date_gmt":"2024-12-28T23:30:18","guid":{"rendered":"https:\/\/aktassociates.com\/blog\/?p=7937"},"modified":"2024-11-15T14:54:07","modified_gmt":"2024-11-15T09:24:07","slug":"5-essential-checks-for-nris-buying-property-in-india","status":"publish","type":"post","link":"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/","title":{"rendered":"5 Essential Checks for NRIs Buying Property in India"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >In this article, we will discuss about...<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #1e73be;color:#1e73be\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #1e73be;color:#1e73be\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#Introduction\" title=\"Introduction\">Introduction<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#1_Check_the_Builders_Reputation\" title=\"1. Check the Builder\u2019s Reputation\">1. Check the Builder\u2019s Reputation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#2_Verify_RERA_Registration\" title=\"2. Verify RERA Registration\">2. Verify RERA Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#3_Assess_Quality_in_Past_Projects\" title=\"3. Assess Quality in Past Projects\">3. Assess Quality in Past Projects<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#4_Ask_About_Project_Delivery_Timelines\" title=\"4. Ask About Project Delivery Timelines\">4. Ask About Project Delivery Timelines<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#5_Investigate_Post-Sale_Support\" title=\"5. Investigate Post-Sale Support\">5. Investigate Post-Sale Support<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#Extra_Tips_for_NRIs_Buying_Property_in_India\" title=\"Extra Tips for NRIs Buying Property in India\">Extra Tips for NRIs Buying Property in India<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#Beware_of_Builders_Who_Frequently_Change_Company_Names\" title=\"Beware of Builders Who Frequently Change Company Names\">Beware of Builders Who Frequently Change Company Names<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><b>Introduction<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Buying property in India is a significant step, especially for Non-Resident Indians (NRIs) who may not be familiar with the market. If you\u2019re considering an under-construction property, the process can feel even more complicated due to potential delays, quality issues, and communication gaps. However, by focusing on a few essential checks, you can make a smart investment. Here are five things every NRI should consider before buying property in India.<\/span><\/p>\n<p><strong>Don\u2019t let reading hold you back, Watch our video instead<\/strong><br \/>\n<iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/zKqoCNu3DhE?si=gmIYV8EJ5UacE66c\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Check_the_Builders_Reputation\"><\/span><b>1. Check the Builder\u2019s Reputation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The first step when buying property in India is to research the builder\u2019s reputation, particularly for under-construction properties, as you can\u2019t see the finished product yet. A builder\u2019s reputation gives you an idea of their reliability and quality.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Look into the builder\u2019s previous projects and their track record in the market. Sometimes, properties look amazing on paper, but if the builder isn\u2019t trustworthy, you may face issues with delays or poor construction quality. A reputable builder is likely to have several successful projects and will deliver on promises, even if their properties are priced a bit higher. Paying a little extra upfront for a reliable builder can save you significant trouble later on.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Verify_RERA_Registration\"><\/span><b>2. Verify RERA Registration<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Next, make sure the builder is registered with RERA (Real Estate Regulatory Authority) in India. RERA is crucial for transparency, ensuring that only registered builders can collect funds and that they\u2019re committed to project timelines.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7940 aligncenter\" src=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2024\/10\/Untitled-design-8.png\" alt=\"RERA Registration\" width=\"500\" height=\"300\" \/><span style=\"font-weight: 400;\">If your builder is RERA-registered, you\u2019ll have more legal support if issues arise, such as delays or quality problems. Builders who are not registered are not legally allowed to collect payments before registration. Most Indian states have RERA websites where you can check a builder\u2019s registration status, making it easy for NRIs to verify that everyone involved\u2014builders and agents\u2014is compliant with regulations.<\/span><\/p>\n<p><a href=\"https:\/\/pages.razorpay.com\/akt-nri-tax-consulting\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-5193 size-full\" src=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2023\/06\/Consult-CA-Arun-Tiwari-1.png\" alt=\"\" width=\"700\" height=\"150\" srcset=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2023\/06\/Consult-CA-Arun-Tiwari-1.png 700w, https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2023\/06\/Consult-CA-Arun-Tiwari-1-300x64.png 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Assess_Quality_in_Past_Projects\"><\/span><b>3. Assess Quality in Past Projects<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Looking at the builder\u2019s projects completed within the last 5-7 years offers valuable insight into their construction quality. Buildings typically start to reveal their durability and quality around this time. Do these projects show structural issues, leaks, or other signs of wear? Quality builders deliver properties that hold up over time, even if they cost a bit more upfront.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7942 aligncenter\" src=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2024\/10\/Untitled-design-9.png\" alt=\"construction quality\" width=\"500\" height=\"300\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">If you notice damp walls, cracks, or other signs of deterioration in the builder\u2019s older projects, it could indicate poor quality control. In such cases, it\u2019s wise to look for other options, even if the pricing and location seem attractive.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Ask_About_Project_Delivery_Timelines\"><\/span><b>4. Ask About Project Delivery Timelines<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Timely delivery is often essential for NRIs, as no one wants to wait years beyond the promised date for their property to be ready. Although most developers now specify project delivery dates, sometimes these are overly optimistic. Checking the builder\u2019s punctuality record can help you avoid long delays.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While RERA aims to reduce delays, some builders list longer completion timelines on RERA documents to avoid penalties, even if they expect to finish sooner. This means they may list a project as taking four years when it could be done in two, giving themselves extra time without facing repercussions. Be sure to get clarification on the expected timeline before you commit.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Investigate_Post-Sale_Support\"><\/span><b>5. Investigate Post-Sale Support<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Buying a property doesn\u2019t end with taking possession. Reliable post-sale support is essential. Most buildings come with a warranty or guarantee, meaning the builder should respond to issues that arise shortly after possession. Unfortunately, some builders become unresponsive once they\u2019ve collected the majority of the payment.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7943 aligncenter\" src=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2024\/10\/Untitled-design-10.png\" alt=\"buying property\" width=\"500\" height=\"300\" \/><\/p>\n<p><span style=\"font-weight: 400;\">If you\u2019re considering a builder known for poor post-sale service, you may encounter frustrations down the line. Check feedback from other buyers about the builder\u2019s post-sale service. Are repairs handled quickly? Are maintenance requests addressed? This can be a valuable factor when evaluating your options.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Extra_Tips_for_NRIs_Buying_Property_in_India\"><\/span><b>Extra Tips for NRIs Buying Property in India<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Some NRIs worry that being too picky might limit their options. However, India has many reputable builders who follow high standards in construction and service. Well-known companies like Hiranandani in Mumbai are known for quality construction, punctuality, and reliable post-sale service. While they might be more expensive, these properties usually retain their value for decades.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Beware_of_Builders_Who_Frequently_Change_Company_Names\"><\/span><b>Beware of Builders Who Frequently Change Company Names<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400;\">If you notice a builder frequently changing names between projects, consider this a red flag. Changing names can make it difficult to track past projects and could indicate they\u2019re trying to avoid accountability. Reputable builders generally maintain their brand across projects to build buyer trust and justify premium pricing. Fly-by-night builders, however, often change names to separate themselves from past issues.<\/span><\/p>\n<p><a href=\"https:\/\/aktassociates.com\/nri-lower-tds\/\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-4867 size-full aligncenter\" src=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2023\/05\/N.png5664.png\" alt=\"Foreign Nationals on Long-Term Visa\" width=\"700\" height=\"150\" srcset=\"https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2023\/05\/N.png5664.png 700w, https:\/\/aktassociates.com\/blog\/wp-content\/uploads\/2023\/05\/N.png5664-300x64.png 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><b>Conclusion<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In conclusion, NRIs looking to buy property in India should focus on the builder\u2019s reputation and track record above all else. A trustworthy builder will ensure a high-quality project, while a problematic builder can turn even the most attractive design into a nightmare. Buying a property is often one of the biggest financial decisions you\u2019ll make, so take the time to check the builder\u2019s reputation, RERA compliance, quality of past projects, punctuality, and post-sale support.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By focusing on these essentials, you\u2019ll be more likely to secure a property that\u2019s not only well-constructed but also retains its value over time. With the right research and careful selection, you\u2019ll find a builder who prioritizes quality, reliability, and customer satisfaction, making your investment safe and rewarding.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Buying property in India is a significant step, especially for Non-Resident Indians (NRIs) who may not be familiar with &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"5 Essential Checks for NRIs Buying Property in India\" class=\"read-more button\" href=\"https:\/\/aktassociates.com\/blog\/5-essential-checks-for-nris-buying-property-in-india\/#more-7937\">Read more<span class=\"screen-reader-text\">5 Essential Checks for NRIs Buying Property in India<\/span><\/a><\/p>\n","protected":false},"author":4,"featured_media":7946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[107],"tags":[1581,1584,1583,1582],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 Essential Checks for NRIs Buying Property in India | AKT Associates<\/title>\n<meta name=\"description\" content=\"Buying property in India? 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