A careful overview of eligibility, documents and payment planning for OCI cardholders.
What to know
An OCI cardholder may generally purchase permitted immovable property other than agricultural land, plantation property or a farmhouse. The buyer should present valid status and KYC records and confirm payment through authorised banking channels.
Individual facts, joint ownership, financing, tax and future repatriation should be reviewed before funds are transferred.
This guide is general information only. Confirm eligibility, documents, payment, tax and registration requirements with qualified advisers and the relevant authorised dealer bank.
Practical next steps
- Confirm your exact buyer category and the project record.
- Request current unit information, a complete cost sheet and draft transaction documents.
- Use official payment instructions and preserve the complete banking trail.
- Keep independent legal and tax review separate from the sales process.
Source referencesRBI Master Direction - Acquisition or Transfer of Immovable Property under FEMA; professional advice required for individual circumstancesRBI immovable-property directionUP RERA verification
NRI & OCI ASSISTANCE