If you’re a Non-Resident Indian (NRI) looking to invest in Dholera Smart City, you might wonder: Can I buy a residential plot in Dholera without traveling to India? The good news is yes, NRIs can purchase property in Dholera without being physically present by following the right legal steps.
In this guide, we’ll explain how NRIs can invest in Dholera residential plots remotely, the legal process, payment methods, and key benefits of investing in this upcoming smart city.
Can NRIs Buy Property in Dholera Without Visiting India?
Yes, NRIs can buy residential and commercial plots in Dholera without visiting India by using a Power of Attorney (POA). The Reserve Bank of India (RBI) allows NRIs to invest in Indian real estate under the Foreign Exchange Management Act (FEMA)
How Does It Work?
- Appoint a Trusted Representative – You can authorize a family member, friend, or legal agent in India to handle the purchase on your behalf using a Power of Attorney (POA).
- Complete Documentation Online – Key documents like passport copies, PAN card, and proof of address can be submitted digitally.
- Payment Through Banking Channels – NRIs can pay via NRE/NRO accounts or foreign remittances (no cash or traveler’s cheques allowed).
- Registration & Legal Formalities – Your representative can sign the sale deed and complete registration under your POA.
This makes the entire process hassle-free for NRIs who cannot visit India frequently.
Why Should NRIs Invest in Dholera Smart City?
Dholera is one of India’s most promising greenfield smart cities, with massive infrastructure developments:
- Ahmedabad-Dholera Expressway (opening mid-2025) – Reduces travel time to under 1 hour.
- Dholera International Airport (operational by 2026) – Boosting real estate demand.
- World’s Largest Solar Park (5000 MW) – Ensuring sustainable energy.
- Smart City Infrastructure – Planned residential zones, metro connectivity, and industrial hubs.
With affordable Residential plot near key locations, Dholera offers high appreciation potential for NRIs.
Key Steps for NRIs to Buy Plots in Dholera Remotely
1. Choose a Reliable Developer or Agent
- Look for RERA-approved developers with a track record in Dholera projects.
- Verify land titles, NOC (No Objection Certificate), and approvals before investing.
2. GrantPower of Attorney (POA)
- A General or Specific POA allows your representative to sign documents, make payments, and complete registration.
- The POA must be notarized and, if required, apostilled (for some countries).
3. Make Payments via Legal Channels
- Use NRE/NRO accounts or foreign remittances (no cash transactions).
- Avoid black money deals—only use banking channels for transparency.
4. Complete Registration & Possession
- Your representative can handle registration at the Sub-Registrar Office under the POA.
- Once registered, you’ll receive the sale deed and ownership documents digitally.
Tax & Repatriation Rules for NRI Property Buyers
- Repatriation of Sale Proceeds: NRIs can repatriate up to $1 million per year from NRO accounts after paying taxes.
- Capital Gains Tax: If sold within 2 years, short-term capital gains apply (as per income slab). After 2 years, long-term capital gains (LTCG) at 12.5% (for properties registered after July 2025).
- TDS Deduction: Buyers must deduct TDS (Tax Deducted at Source) on property sales, but NRIs can apply for a lower TDS certificate to reduce upfront deductions
Final Verdict
Absolutely! With government-backed infrastructure, affordable prices, and high growth potential, Dholera is a safe and profitable investment for NRIs. Since you don’t need to visit India, the process is smooth with a Power of Attorney.