NRI
An NRI is a person who is an Indian citizen but resides outside India for the purpose of employment, business, education, or any other reason indicating an indefinite stay abroad. A person is considered an NRI if they spend less than 182 days in India during the preceding financial year.
A PIO is a person (other than a citizen of Bangladesh or Pakistan) who has held an Indian passport at any time, or whose parents or grandparents were Indian citizens, or who is the spouse of an Indian citizen or PIO. The PIO Scheme has been merged with OCI since 2015.
An OCI is a foreign citizen of Indian origin who has been granted OCI status by the Government of India. This provides a lifelong visa and various rights related to residency and property ownership, but excludes those who have ever been citizens of Pakistan or Bangladesh. OCI is effectively the successor to the PIO scheme.
Yes, NRIs and OCIs are allowed to purchase residential and commercial properties in India without any special permission. However, they are not allowed to purchase agricultural land, plantation property, or farmhouses.
No, there is no restriction. NRIs and OCIs can buy as many residential or commercial properties as they wish within India under the general permission guidelines.
Yes, NRIs and OCIs are allowed to inherit any type of property—residential, commercial, or agricultural—from a person residing in India, provided the inheritance complies with legal and FEMA guidelines.
NRIs can book a property through online communication, video calls, or via a legally
authorized representative in India holding a Power of Attorney. We offer digital
documentation and secure online payment options for your convenience.
You will need:
1. A valid passport and visa/OCI card
2. PAN card
3. Overseas address proof
4. Recent photographs
5. Power of Attorney (if applicable)
Payments must be made in Indian rupees using:
– Funds from NRE/NRO/FCNR accounts.
– Direct inward remittances from overseas bank accounts via normal banking channels.
Note: Cash payments are not permitted under FEMA.
It is not mandatory if you are in India to execute the sale. However, a PoA is strongly recommended if you reside abroad and want someone in India to act on your behalf for documentation, registration, or possession.
Yes, we provide complete assistance with legal documentation, registration, and liaison with government departments. We also help with guidance on PoA, home loans, and NRI tax queries through our legal experts.
Yes, but only if the property was acquired with prior RBI approval. In such cases, they are also required to seek RBI approval before selling the property, whether the buyer is an Indian or another foreign national.
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SVADHA MACKENNA’S
MACKENNA’s is a latest residential development of Svadha Builders in Kollur, Hyderabad. It offers 2, 2.5, and 3BHK apartments with all the modern amenities.
Happiness Increases With Design
When the design matches your idea and needs, the happiness multiplies the utility and purpose are primary, but the style and finish make it look unique and your own.
Land Area : 667 Sqyds
No. of flats : 10 Flats
Structure : S + 5 Floors
Location : Road No.28, Alkapur Township, Manikonda
Every Emotion Deserves its Space
Joys have no boundaries. They are waiting for befitting moments in your life to arrive. Joys are an emotion, and the bright morning of a dream. Joys are a testimony to the fact that every member of the family will look forward. Presenting, a home for your joys, Svadha.
Land Area : 1200 Sqyds
No. of flats : 25 Flats
Structure : S + 5 Floors
Location : Road No.15, Alkapur Township, Manikonda
Happiness begins with Intention
The projects from the same umbrella are like siblings. They carry the same values, features and the same signature style. Yet they are distinctly different with individual identity. Suja Aashreek is classy and cosy.
Land Area : 448 Sqyds
No. of flats : 8 Flats
Structure : S + 4 Floors
Location : Road No.17, Alkapur Township, Manikonda
Crafted with care for quality, made with focus on amenities.
Svadha Suja Elysian. It’s an address that gets you connecting with a locale that has been rapidly expanding in value and in demand. Arising on the linking road that connects Pragathi Nagar with Nizampet, it makes life easy for those travelling every day to the IT corridor and major corporates on this side of Hyderabad.
Land Area : 2 acres
No. Of flats : 160 Flats
Club House Area : 7500 sft
Structure : C + S + 5 Floors (Block A, B)
Location : Near 3 Monkey’s Junction, Pragathi Nagar
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