What an NRI Should Check Before Buying a Plot in Hyderabad

Before you pay a token

1. 01Ask for the layout approval number and check it with the authority that issued it, HMDA or DTCP.
2. 02Look the project up on the TG-RERA website and match the registration number to the one you were given.
3. 03Confirm the land is not agricultural land, plantation property or a farm house: an NRI or OCI cardholder may not buy those.
4. 04Settle the payment route: an inward remittance, or an NRE, FCNR(B) or NRO account — never cash or traveller's cheques.
5. 05Have a lawyer read the title documents and the approval, and tell you what each one proves.

What the RERA Act gives you

The RERA Act forbids a promoter to advertise, market, book or sell any plot in a real estate project without registering it. Section 19 gives a buyer the right to information on the sanctioned plans and layout plans with their specifications and, where possession is not given as agreed, to a refund with interest.

What changes when you buy from abroad

Two things. If you will not be in India to register, you need a power of attorney authenticated where you live. And for property above ₹20 lakh you need a PAN; the income-tax rules' exemption for non-residents does not cover property.

Where our layouts' numbers are

The approvals page lists every layout we sell with its approval number and its TS-RERA registration, for you to check against the authorities' own records. The glossary defines the terms on the paperwork, from encumbrance certificate to power of attorney.

Questions