Invest in Your Roots
Secure your future with premium real estate in Coimbatore, managed by experts.
NRI Investment Guidelines 2024
A simplified overview of the essentials. Not legal advice.
Who is an NRI?
An NRI (Non-Resident Indian) is a citizen of India who resides outside India and has lived in India for less than 182 days in the preceding financial year. NRIs typically live abroad due to professional or other commitments for an indefinite period.
Who is an OCI?
An OCI (Overseas Citizen of India) is a foreign citizen who:
- Previously held Indian citizenship
- Was eligible for Indian citizenship at the time of the Indian Constitution’s commencement
- Belongs to a territory that became part of India after Independence
Eligibility Check
NRIs and OCIs are permitted to purchase:
- Residential properties: Apartments, villas, gated communities
- Commercial properties: Shops, offices
- Vacant plots (Except Agricultural land / plantations / Farm House)
Note: No special permission is needed from RBI for property types available with us.
Primary Details needed to invest in Vrindhavana
- Copy of valid passport
- OCI card (if applicable)
- PAN card (mandatory for property transactions)
- Overseas & Indian address proof – Duly Apostilled / Notorised
- Recent photograph and signature specimen
- Power of Attorney (POA): If unable to be present physically, NRIs can grant POA to a trusted individual for property transactions
Note: Please reach to us to guide on further eligible documents for both Salaried / Business buyers (self-employed)
Payments Mode / Methods available for Investing
All payments must be made in INR through banking channels (no cash allowed).
- Use funds from your:
- NRE (Non Resident External) / NRO (Non Resident Ordinary) / FCNR (Foreign Currency Non Resident) accounts
- Inward remittance via regular banking route
- EMI options are available via select Indian banks offering NRI home loans
- Payments cannot be made through traveller’s cheques, foreign currency notes, or any modes not specified by the Reserve Bank of India (RBI)
- Use funds from your:
Tax & Compliance
- TDS @ 1% applies for Indian residents; for NRIs it can go up to 20% or more, depending on value and capital gain bracket.
- We help with:
- Lower/Nil TDS certificate application (if eligible)
- Linking you to Tax Professionals for tax consulting / filing
- Repatriation guidance when you want to sell and take funds back abroad We ensure your investment is 100% clean, compliant, and safe from future legal hurdles
Why NRIs Are
Investing in
Tamil Nadu Real Estate
Tamil Nadu is fast becoming a preferred destination for NRIs, offering both strong financial returns and emotional value. Its stable, diversified economy—driven by IT, manufacturing, and healthcare—ensures steady demand and high rental yields.
Strong Economy & High Returns
Constant workforce demand in cities like Chennai and Coimbatore drives consistent rental income and secure investments.
Capital Growth Potential
Metro expansions, new expressways, and industrial corridors boost connectivity and property appreciation.
Affordability & Currency Advantage
Favorable exchange rates and lower property prices give NRIs greater buying power and access to premium assets.
Emotional & Family Connection
Many invest to stay connected to their roots, create a future retirement home, or support family in a familiar environment.
Why NRIs Choose Vrindhavana
Hassle-Free Documentation
Complete end-to-end support for all property paperwork, verification, and compliance.
Loan & Handover Assistance
Guidance for NRI home loans and smooth project handover from start to finish.
Easy Registration Process
Quick registration with power of attorney (PoA) support for buyers living abroad.
Free Fencing & 5 Years Free Maintenance
Added security and savings from day one with zero maintenance cost for five years.
Buy-Back Guarantee
Assured exit option for investors seeking safe and secure returns.
Resale Guarantee with 20% Appreciation
Guaranteed resale support ensuring a minimum of 20% value growth.
120+
NRI Clients
15
Countries
15+
Years Experience
Future Growth & Opportunities
Coimbatore is emerging as one of India’s most promising Tier-2 cities, attracting investments, talent, and innovation. With planned infrastructure, expanding IT hubs, and lifestyle developments, the city is set to offer unparalleled opportunities for residents and businesses alike. Investing in Coimbatore today means being part of a dynamic, future-ready urban landscape.
Metro Impact Zone
Coimbatore’s 136–147 km metro network will link key growth zones, enhancing transit and boosting property values.
Connectivity
IT Corridor Driving Growth & Housing Demand
Coimbatore’s growing IT sector drives demand for housing, especially in Saravanampatti and TIDEL Park, increasing property values and rental returns.
IT Hubs
Sports Infrastructure
A ₹500 crore international cricket stadium in Ondipudur, with a 30,000-seat capacity, will elevate Coimbatore’s urban appeal by 2027.
Sports
Healthcare in coimbatore
Coimbatore boasts top medical centers like KMCH and PSG Hospitals, ensuring excellent healthcare and quality of life.
Healthcare
Smart City
Coimbatore’s Smart City initiative focuses on sustainability, enhancing public spaces, eco-mobility, and environmental resilience.
Greener Smart City
Education Hubs
Coimbatore, a leading education hub, with institutions like PSG and Amrita, fuels housing demand near campuses, boosting real estate markets.
Education
What Our NRI Clients Say
“Living in the US, I was worried about monitoring construction. Vrindhavana’s weekly video updates gave me complete peace of mind.”
– Suresh K., California
“The documentation support was fantastic. Their team handled the PoA and bank coordination seamlessly.”
– Anjali R., Singapore
“They not only built a great villa but also found a tenant within a month of completion. Truly end-to-end service.”
NRI FAQs
How is the revenue or area share decided?
It depends on land value, FSI, and construction cost. We conduct a detailed feasibility study to propose a fair ratio.
What costs does Vrindhavana bear?
We bear all costs related to approvals, design, construction, marketing, and sales. The landowner provides the clear titled land.
How long does a project take?
Typically 18-24 months for residential apartments after obtaining all approvals, depending on the scale.
Talk to Our NRI Desk
Schedule a Consultation
Our NRI relationship manager will contact you at your preferred time.
Direct Contact
Prefer to talk first? Call or WhatsApp our JV Managers directly.
Mr. Rajesh Kumar
Head of Business Development
Call
