Dholera for NRI Investors: Rules, Repatriation and Verification
NRIs can invest in Dholera, but a remote purchase makes verification even more important. This guide covers the rules and the safe playbook when you cannot walk the land yourself.
These are general RBI and FEMA rules, not Dholera-specific; confirm current limits with a professional.
What NRIs can buy
Yes, NRIs and OCIs can buy residential and commercial property (not agricultural land) under FEMA, paying through NRE or NRO accounts. DURABLE These are general RBI and FEMA rules, not Dholera-specific; confirm current rules with a qualified professional before transacting.
The remote-buying playbook
NRIs and OCIs can buy residential and commercial property (not agricultural land) under FEMA, paying through NRE or NRO accounts. DURABLE The extra care for a remote purchase is verification: since you may not visit, lean hard on independent legal due diligence of the specific plot (RERA number, N.A., DSIRDA layout, title, Encumbrance Certificate), and get the all-in price and payment schedule in writing.
On exit, sale proceeds are repatriable within RBI limits (generally up to USD 1 million per financial year), TDS applies on the sale, and a section 197 certificate can reduce it. These are general RBI/FEMA and tax rules, not Dholera-specific, so confirm current limits with a professional. Not investment advice.
Repatriation and TDS
Yes, within RBI limits (generally up to USD 1 million per financial year, up to two residential properties) via the NRO route, using forms 15CA and 15CB. DURABLE TDS applies on an NRI's property sale, and a lower-deduction certificate under section 197 can reduce it. Verify current limits with a professional.
Verify before you pay
Go to gujrera.gujarat.gov.in, open Registered Projects, filter District = Ahmedabad and taluka = Dhandhuka (some newer ones tag Dholera/DSIRDA), and search the project or promoter name. DURABLE
Check the sanctioned layout, FSI, validity and expiry, and confirm your brochure's plot numbers match. A blanket 'RERA approved' is not a number: get the actual registration number and verify it live before any payment.
Documented red flags: agricultural land marketed as 'in the SIR' without N.A. status; plots far outside the Activation Area sold as prime; unregistered or non-RERA projects; and unclear title. DURABLE Also treat any promise of guaranteed appreciation or assured returns as a warning sign, since no government source guarantees appreciation.
FAQ
Can NRIs buy property in Dholera?
Yes, NRIs and OCIs can buy residential and commercial property (not agricultural land) under FEMA, paying through NRE or NRO accounts. DURABLE These are general RBI and FEMA rules, not Dholera-specific; confirm current rules with a qualified professional before transacting.
Can an NRI repatriate proceeds from selling Dholera property?
Yes, within RBI limits (generally up to USD 1 million per financial year, up to two residential properties) via the NRO route, using forms 15CA and 15CB. DURABLE TDS applies on an NRI's property sale, and a lower-deduction certificate under section 197 can reduce it. Verify current limits with a professional.
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