NRI

Your gateway to investment opportunities

Overview

Connecting Worlds, Building Futures and Investment

Investing in Indian real estate is a wise choice for NRIs. Property values are steadily increasing, and there’s a sentimental attachment to owning property in one’s hometown. Purchasing property under FEMA regulations is straightforward with the correct documentation.

However, finding the right investment while living abroad can be challenging. RLD simplifies this process by offering projects in rapidly developing areas of Chennai, where property values are rising swiftly. Our experienced team assists NRIs throughout the purchasing journey, clarifying doubts and ensuring transparency. Chennai’s growing real estate sector, bolstered by industries like automobiles and IT, promises lucrative returns and tax advantages, making it an appealing investment hub for NRIs.

Being in the
Right Place

Choosing strategic locations
leads to valuable growth.

Top Real
Estate Brand

Well-known for its outstanding
quality and trustworthiness.

WHY RLD?

RLD is the reliable companion for
your property investments, dedicated
to delivering top-notch quality
in every aspect of building
and customer care.

Carefully
Planned Projects

Building Excellence Crafted
to Match Global Standards.

Skilled Design
and Building

Creative ideas for eco-friendly
homes and living environments.

Ongoing Projects

Experience RLD’s latest ventures tailored for NRIs, showcasing top-notch building standards,
strategic placements, and promising investment prospects.

plot for sale in ayapakkam

Madhavaram

  • 226 Units
  • S + 5
  • 2 & 3 BHK
  • 968 – 1738 SQ.FT
plot for sale in ayapakkam

Athipet

  • 15 Units
  • S + 3
  • 2 BHK
  • 885 – 1025 Sq.Ft
flats in athipet

Athipet

  • 15 Units
  • S + 3
  • 2 BHK
  • 1025- 1132 SQ.FT
plot for sale in ayapakkam

Ayapakkam

  • 20 No of Units
  • 451 – 3736 Sq.Ft
  • 1.23 Acres
land for sale in ayapakkam

Ayapakkam

  • 39 No of Units
  • 451 – 3736 Sq.Ft
  • 1.81 Acres
land for sale in ayapakkam

Maraimalai Nagar

  • 44 No of Units
  • 801 – 3968 Sq.Ft
  • 1.54 Acres
Benefits

Bridge the
distance, grow
your Investment

Investing in real estate in Chennai, especially with RLD, provides NRIs with an excellent opportunity to benefit from the city’s economic progress, varied job opportunities, and promising profits. India’s real estate is booming in Chennai, offering high appreciation values and long-term tax benefits. With diverse investment options, flexible home loan choices, and versatile down payment options, NRIs can make strategic investments that align with their financial goals and preferences.

The real estate scene in Chennai is looking promising, thanks to its expanding economy and variety of industries. For non-resident Indians (NRIs) eyeing dependable and fruitful investments, Chennai holds great potential.

Location
Highlights

Chennai's prime locations are great investment spots for NRIs. With its rich culture and easy access, Chennai appeals to investors looking for stable returns and long-term growth opportunities.

Madhavaram

Urban living with compelling highlights to a fulfilling and connected life.

Madhavaram, located in Chennai, India, boasts several compelling highlights for NRI real estate investment. Its strategic location near major transportation hubs, including Chennai International Airport and Chennai Central Railway Station, ensures easy accessibility. The area features excellent connectivity via road networks, enhancing convenience for residents and commuters alike. Madhavaram's proximity to prominent educational institutions, healthcare facilities, and commercial centers adds to its allure. Additionally, the region is witnessing rapid infrastructure development, including proposed metro rail extensions, which could lead to higher property values.

If you're an NRI looking for a solid investment with potential for growth, Madhavaram is worth considering.

Madhavaram

  • 226 Units
  • S + 5
  • 2 & 3 BHK
  • 968 - 1738 Sq.Ft

Madhavaram

  • 226 Units
  • S + 5
  • 2 & 3 BHK
  • 968 – 1738 Sq.Ft

Location
Highlights

Chennai’s prime locations are great investment spots
for NRIs. With its rich culture and easy access, Chennai
appeals to investors looking for stable returns and
long-term growth opportunities.

Madhavaram

Urban living with compelling highlights to a fulfilling and connected life.

Madhavaram, located in Chennai, India, boasts several compelling highlights for NRI real estate investment. Its strategic location near major transportation hubs, including Chennai International Airport and Chennai Central Railway Station, ensures easy accessibility. The area features excellent connectivity via road networks, enhancing convenience for residents and commuters alike. Madhavaram’s proximity to prominent educational institutions, healthcare facilities, and commercial centers adds to its allure. Additionally, the region is witnessing rapid infrastructure development, including proposed metro rail extensions, which could lead to higher property values.

If you’re an NRI looking for a solid investment with potential for growth, Madhavaram is worth considering.

Madhavaram

  • 226 Units
  • S + 5
  • 2 & 3 BHK
  • 968 – 1738 Sq.Ft

Athipet

Modern living with green spaces and close proximity to commercial & transportation networks.

Athipet, a growing area on the outskirts of Chennai, India, offers great opportunities for NRI investors looking for real estate. Its location makes it easy to reach key spots like Chennai Central Railway Station and the airport, which is a big plus for residents. With nearby industrial areas like Ambattur and Sriperumbudur, there’s promising potential for rental income and property value growth.

Athipet is also seeing improvements in infrastructure, including upcoming metro links and better roads, making it easier to get around. It has good schools, hospitals, and shopping centers nearby, making it a convenient place to live for families and professionals. Plus, its peaceful environment amidst the city’s hustle and bustle makes it an attractive choice. With all these factors in play, Athipet emerges as a smart investment option for NRIs looking to invest in Chennai’s real estate market.

Athipet

  • 15 Units
  • S + 3
  • 2 BHK
  • 885 – 1025 Sq.Ft

Ayapakkam

Developing suburban areas with affordable housing options and future growth potential.

Ayappakkam’s convenient location in northwest Chennai makes it a great choice for real estate investment, especially for Non-Resident Indians (NRIs). With easy access to major roads like the Chennai Bypass Road and the Outer Ring Road, getting around the city is a breeze. Ayappakkam is also packed with schools, hospitals, shops, and fun activities, making it perfect for families.

For NRIs thinking about investing in property, Ayappakkam has a lot to offer. Its growing urbanization means property values are likely to go up, making it a smart investment. The neighborhood’s friendly vibe and mix of cultures make NRIs feel right at home. With its mix of modern comforts and peaceful surroundings, Ayappakkam is an excellent choice for NRIs looking to invest in real estate in Chennai.

Ayapakkam

  • 20 Units
  • 441 – 3736 Sq.Ft
  • 1.23 Acres

Maraimalai Nagar

Living in a modern environment with plenty of green spaces and easy access to shops and transportation.

People often find Maraimalai nagar an appealing choice due to its blend of convenience and tranquility especially Non-Resident Indians (NRIs). This vibrant town, nestled in Tamil Nadu, offers a calm environment away from the hustle of city life. Its strategic location provides easy access to essential amenities like shopping malls, educational institutions like The TamilNadu Dr. M.G.R. Medical University, and healthcare facilities like Sri Ramachandra Institute of Higher Education and Research medical university, ensuring a comfortable lifestyle for NRIs and their families.

Maraimalai Nagar consists of well-planned residential areas, green spaces like parks and grounds, and robust infrastructure, making it a good destination for settling down or investing in property. With its peaceful ambiance and modern conveniences, Maraimalai nagar stands out as a promising choice for NRIs seeking a fulfilling life back home.

Maraimalai Nagar

  • 44 Units
  • 801 – 3968 Sq.Ft
  • 1.54 Acres

OMR

Living conveniently close to areas with lots of technology companies and places for fun and entertainment

Living in the lively technology environment of Chennai’s Old Mahabalipuram Road (OMR) offers easy access to work and entertainment. OMR, often known as Chennai’s Silicon Valley, features a combination of residential areas, office spaces, and recreational venues. It promotes modern housing options, well-maintained roads, and an attractive ambiance, serving diverse preferences, whether you seek apartments, secure neighborhoods, or business opportunities.

One of OMR’s key advantages is its top-notch connectivity to essential amenities such as schools, hospitals, and the airport. Investing in property here provides a comfortable living space and promises lucrative returns through rental income, as property values continue to appreciate. If you desire a dynamic lifestyle and a wise investment opportunity, OMR stands as the ideal choice.

Mahindra World City

Creating residential neighborhoods in suburban regions that offer affordable housing choices and have the potential for future expansion.

NRI’s seeking investment opportunities or settling back in India should consider Mahindra World City for its perfect location, strong infrastructure, and business-friendly environment. Situated near major localities like Singaperumal Koil, Maraimalai Nagar, and Kothari, it offers easy access to markets and transportation hubs. The city’s modern amenities and planned development ensure a comfortable lifestyle for families.

Moreover, Mahindra World City provides large business options, from manufacturing to IT giants like Infosys, which promote growth and employment opportunities. Its commitment to sustainability and green practices aligns with global standards, making it an ideal choice for those seeking a vibrant, sustainable community to live in.

Kelambakkam

Residing near technology hubs and entertainment spots for convenience.

For NRIs contemplating investment in India, Kelambakkam emerges as a prime choice. Its advantageous location, situated near Chennai, facilitates easy access to urban conveniences and major IT hubs such as OMR and Siruseri IT Park which houses TCS, Infosys, Cognizant, and Wipro. Kelambakkam offers a growing real estate market, featuring affordable housing options alongside modern amenities. Families are drawn to the area for its connection to educational institutions and healthcare facilities.

Moreover, Kelambakkam’s peaceful surroundings and close connection to recreational destinations like Kovalam beach and resorts contribute to its attraction. On the whole, Kelambakkam presents NRIs with a good investment opportunity, promising growth potential and quality of life.

Noombal

A suburban area with affordable housing choices and having the possibility for future expansion.

For people seeking an ideal location with peace, connectivity, and investment potential, Noombal stands out especially for NRIs. Noombal offers an escape from urban life while maintaining excellent links to Chennai’s vital areas like Koyambedu Metro Station. Its strategic placement ensures easy access to essential amenities like educational institutions, hospitals and markets, enhancing everyday living. Noombal’s growing real estate market presents good investment opportunities with promising returns.

Promoting modern facilities, green expanses, and a vibrant community spirit, Noombal promises a comfortable lifestyle for families. Choosing Noombal in Thiruverkadu means embracing a strong connection between convenience and investment prospects.

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Voice of Our

Experts

Insights guide NRIs to fruitful investment options, aiding informed
decisions for financial growth and stability.

Every tick
echoes a wise
investment

Start your investment journey today!
Contact us at (phone number) for expert
assistance and support.

Every tick echoes a wise investment

Start your investment journey today! Contact us at +91 96000 23159 for expert
assistance and support.

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(Indian Standard Time)

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Faqs & Glossary

Explore FAQs and grasp real estate jargon for a smooth
investment journey with expert guidance.

An NRI, as defined by the FEMA act of 1999, refers to Indian citizens or foreign nationals of Indian origin residing outside the country for business, employment, or other vocations. It signifies their intention to stay abroad indefinitely. Indians who stay in the country for less than 182 days are also considered NRIs.
OCI, or Overseas Citizenship of India, opens doors for foreign citizens of Indian origin to embrace their heritage and build a meaningful life in India. Introduced in 2005, this immigration status allows you to work and live in the country indefinitely, fostering a strong connection with your roots.
PIO, or Person of Indian Origin, encompasses individuals who hail from countries other than,

  • Afghanistan
  • Bangladesh
  • Bhutan
  • China
  • Nepal
  • Pakistan
  • Sri Lanka

Additionally, those who have held an Indian passport in the past or possess grandparents or parents who are Indian citizens, as per the Citizenship Act 1955 or Indian Constitution, are also considered PIOs.

India warmly welcomes NRIs and PIOs to become proud property owners in the country. The RBI has granted general permission that extends this privilege to these categories of individuals. Whether you’re an NRI, an Indian citizen living abroad, or a PIO with strong connections to this land, you can now make your real estate dreams come true.
As an NRI investor, you have the opportunity to realize your dream of owning an apartment in India with the support of financial institutions. Funding your purchase is possible, given that you meet the eligibility criteria and the property documents are in order. As per RBI norms, financial institutions can fund up to 80% of the property’s value, while the remaining portion is to be covered by your personal resources.
NRIs have the unique privilege of investing in a diverse range of properties in India. From luxurious residential apartments to thriving commercial spaces. However, the RBI prohibits NRIs from investing in agricultural and plantation land. Moreover, the purchase of farmhouses is also restricted under the existing guidelines.
There are some essential documents NRI Investor need to have in your possession. These documents play a crucial role in ensuring a seamless and hassle-free property purchase process. Here’s a comprehensive list of the documents you’ll need:

  • PAN Card (Permanent Account Number)
  • Passport Size Photographs
  • OCI/PIO Card (In case of OCI/PIO)
  • Address Proof
  • Passport (In case of NRI)
Documents required from an individual to present for home loans:

  • Copy of their employment contract and work permit.
  • Recent salary slips and Bank statements of the last 4 months or NRO/NRE a/c statements for the last six months.
  • Visa or Passport Copy
  • Address Proof or Utility Bill
  • OCI or PIO card
  • Client credit report
  • Power of attorney according to the respective bank’s format
  • The agreement for property and related documents
  • The proof of Income tax returns for the past 2 years.
  • ITR or Income Tax Returns for three years
  • Visa or Passport Copy
  • OCI or PIO card
  • Power of Attorney according to the respective banks format
  • Bank account statements of individual and company for past 6 months
  • Profit and Loss statements and Balance sheets for the company for the past three years.
  • The documents related to property agreement.
As an NRI planning to invest in an under-construction property, you may come across the term “Power of Attorney” (PoA) during your documentation process. Don’t be alarmed; it’s a common practice that can streamline the process for you.

With a PoA, you grant someone the authority to act on your behalf. This can include executing contracts, deeds, mortgages, leases, and even property sales. It’s essential to ensure that you clearly define the extent of authority granted in the PoA.

As an NRI or OCI seeking to invest in your dream property in India, you’ll be pleased to know that any authorized dealer or financial institution in India, approved by the National Housing Bank, can assist you in securing a home loan. Here are essential guidelines to keep in mind:

  • Equal Opportunities: NRIs and OCIs are eligible to apply for a house loan with the same benefits and terms as those applicable to Indian residents.
  • Currency Considerations: The loan amount should not be credited to FCNR (Foreign Currency Non-Resident), NRNR (Non-Resident Non-Repatriable), NRE (Non-Resident External), or any foreign currency account.
  • Secure Investment: Your investment is protected by the equitable mortgage of the title deed for the proposed property. Additionally, it can also act as a lien, offering peace of mind for both borrowers and lenders.
As an NRI investor looking to make a wise real estate investment in India, there are crucial factors you should keep in mind to ensure a seamless and secure transaction. Follow these essential tips to safeguard your interests and make the most of your investment:

  • Clear Title Deed
  • Check for Mortgage Clearance
  • Necessary Clearances
  • Legal Verification
  • Buyer-Builder Agreement
  • No Dues Certificate
  • New Constructions and Civic Approvals

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