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Real estate · Non-resident Indians

For Indians living abroad

Wherever a buyer lives, the same standards, documents and protections apply. This page sets out what we commit to buyers outside India, and the main rules that apply to them.

No offer of property

Hazaar is not offering any property for sale, lease or booking, and nothing on this page is an offer or an invitation to buy, book or invest. We promote a project only after it is registered under the Real Estate (Regulation and Development) Act, 2016, and only with the information the law requires.

Our commitments

The same standards, wherever you live

When we offer a registered project, these commitments apply to every buyer outside India.

  • Registered projects only

    We offer a project only once it is registered under the Real Estate (Regulation and Development) Act, 2016.

  • Payment through banks only

    We accept payment only through banking channels into Hazaar’s own accounts. We never accept cash, and never ask for payment to a personal account.

  • Everything in writing

    Every buyer receives complete documents in writing, from the agreement to handover, wherever they live.

  • One standard for every buyer

    The same quality, safety and documentation standards apply to every home, whoever buys it and wherever they live.

  • Genuine contact only

    We email people only from addresses ending in hazaar.co.in, and never ask for passwords, one-time codes or bank details by email or phone. See our fraud warning.

  • Across India, then beyond

    We intend to work across India and, over time, internationally, with the same standards wherever we work.

The rules, in brief

Buying property in India from abroad

General information only, not legal or tax advice.

  • Under the Foreign Exchange Management Act, 1999 and the Foreign Exchange Management (Non-debt Instruments) Rules, 2019, a non-resident Indian (NRI) or an Overseas Citizen of India (OCI) may buy residential or commercial property in India. Agricultural land, plantation property and farm houses cannot be bought.
  • Payment must come from money sent to India through normal banking channels, or from an NRE, FCNR(B) or NRO account held in India. It cannot be made in foreign currency notes or traveller’s cheques.
  • Money from a later sale can be sent abroad, within the limits and conditions set by the Reserve Bank of India.
  • The protections of the Real Estate (Regulation and Development) Act, 2016 apply to every buyer of a registered project, wherever they live.
  • A buyer who lives abroad may appoint someone in India to act for them under a power of attorney.

The rules can change, and how they apply depends on each person’s circumstances. Check the current rules with the Reserve Bank of India (rbi.org.in) or a qualified adviser before you act.

Stay informed

Hear from us when there is news

Subscribe to the updates you choose. We never use a subscription to market a project before it is registered, and you can unsubscribe at any time.

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