India is a key player in the global real estate market. Due to increased urbanisation, it has become a hub for high-profile NRIs (Non-Resident Indians) to explore lucrative investment options in real estate. Adani Realty has etched its name in some of the biggest and most iconic Indian cities and has become a trusted name in the real estate market. India’s realty market being in its’s prime developing phase makes this the perfect time for you to invest in real estate here.
The Indian real estate industry is experiencing staggering growth and is amongst the most substantial wealth creators in the current era. Real estate’s major contribution in India’s GDP is one of the major reasons that inspire NRIs to buy property in India. Adani Realty’s ingenious efforts to create some of the most sophisticated and state-of-the-art housing spaces will bring the familial warmth and comfort that you seek in a home.
Emerging as one of the most significant industrial and economic hubs of India, Ahmedabad is a bustling metropolis. Numerous residential and commercial projects are rapidly being developed in the city, making it one among the top contenders in the Indian real estate market.
The IT hub of India and a hotspot for Fortune 500 companies, Gurugram is a city that speaks of best-in-class high-rises and well-planned roadways at the same time, is bordered by the natural beauty of the Aravalli.
Mumbai is the financial capital of India and the city which popularised the culture of high-rise buildings in the country. It is a vibrant coastal city that has one of the best nightlife scenes in the country.
A city that takes immense pride in its history and tradition, Pune is witnessing unprecedented growth in its real estate sector. Pune is known for its hilly surroundings and rain and is an integral centre for education.
An Indian citizen who stays abroad for employment/business/vocation or under any circumstances indicates an intention of an uncertain duration of stay abroad is a non-resident. (Persons posted in UN organisations and officials deputed abroad by Central/State Governments and Public Sector undertakings on temporary assignments are also treated as non-residents). Non-resident foreign citizens of Indian origin are treated on par with Non-Resident Indian citizens (NRIs).
A Person of Indian origin means an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal, or Bhutan) who holds an Indian passport at any time or whose father or paternal grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955.
Under the general permission, the following categories can freely purchase immovable property in India:
Non-Resident Indian (NRI) – that is a citizen of India residing outside India
Person of Indian Origin (PIO) – that is an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan) who at any time, held an Indian passport or whose father or grandfather was a citizen of India by virtue of the constitution of India or the Citizenship Act, 1955 (57 of 1955).
However, the general permission covers only the purchase of a residential and commercial property.
Non-resident Indians (NRIs) and overseas citizens of India (OCIs) don’t require prior approval for buying or selling immovable properties like houses in the country, according to the Reserve Bank of India (RBI).
Yes, under the general permission granted by the Reserve Bank, property other than agricultural land/farmhouse/plantation property can be acquired by NRIs provided the purchase consideration is met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchaser’s NRE/FCNR accounts maintained with the banks in India and a declaration submitted to the Central Office of Reserve Bank in form IPI 7 within a period of 90 days from the date of purchase of the property/final payment of purchase consideration.
No. NRI/PIOs do not have the necessary authorisation to purchase agricultural land, plantation property, or a farmhouse in India. Such projects (proposals) will require specific consent from the Reserve Bank of India. The plans are being studied in consultation with the Indian government.
Just the acquisition of property is not subject to income tax. However, any income derived from ownership of it, whether in the form of rent (if it is rented)/the annual value of the house (if it is not rented and is not the only residential property owned by that person in India), and/or capital gains (short or long term) arising on the sale of this house or a portion of it, is taxable in the hands of the owner.
We have properties in four major cities – Ahmedabad, Gurugram, Mumbai and Pune.
In Ahmedabad, we have an approximately 600-acre township called Adani Shantigram, which is unique in its own way. Shantigram has some of the most stunning houses in the form of apartments and villas with numerous amenities that make life truly heavenly. The township also comprises beautiful sceneries, hangout places, Adani’s commercial centre (Inspire Business Park), places of worship, a shopping complex, and more. It also is home to the Belvedere Golf and Country Club, which is luxury at its pinnacle.
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Even other cities like Gurugram (formerly Gurgaon), Mumbai and Pune, which have commercially grown over the years and generate massive employment, are witnessing a continuous surge among NRIs. Like Shantigram, Adani Realty never compromises on quality and design in all its projects pertaining to the aforementioned cities.
Our Gurugram Chapter offers some of the finest luxurious housing apartments (for example: Oyster Grande) and independent floors (Samsara) with contemporary settings near popular destinations like Golf Course Road, Golf Course Extension Road and the upcoming Dwarka Expressway, which are among the busiest and most likeable regions in the city. Adani Realty’s Gurugram chapter also has four big commercial projects that are located in the vicinity of the areas described above.
Similarly, in Mumbai, we have resplendent apartments in reputed posh localities of Andheri West, Ghatkopar East and Byculla (W) of South Mumbai. The splendour of extravagant homes infused with the vibrant lifestyle of the city and its famous skyline gives you reasons aplenty to find a new address with our help. Ghatkopar East, a prominent address for some of the most opulent apartments, has The Views standing out tall, offering plush luxury homes with a broad spectrum of amenities that bodes really well with the civic lifestyle of Pune.
Adani Realty offers rewarding investment options across India. No project is executed without the efforts of the finest architects, designers and contractors, and the end result is always splendid. Delving deeper into the intricacies of real estate, we understand the needs of our clientele and realise that city life can often become a burden. Our homes are designed to interact with nature, offering vast green expanses that you can enjoy from the comfort of your balcony or bedroom. Not only you but your kids, parents and grandparents will find a worthwhile connection.
If you’re an NRI and looking to buy a residential or commercial property, we invite you to have a look at all our projects. Adani Realty believes in not only catering to your needs but fulfilling every necessity that ticks the checklist for a luxurious lifestyle. Luxury is a priority, and no compromises are made when it comes to the comfort of our valued customers.
We believe in Adani Group’s guiding principles of ‘Nation Building’ and ‘Growth with Goodness’ that show us the path to expand our realty profiles with newer accomplishments and more remarkable developments. Our satisfaction lies in your happiness as we offer you a home away from home.
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All images, appearances, colours, etc. given herein are mere artistic impressions for representation purposes only and do not constitute an offer, an invitation to offer and/or commitment of any nature between the promoter and the recipient. The data/information herein is intended to give a general understanding of the subject matter and is subject to change without any prior notice. Readers are therefore requested to verify all details, including area, amenities, services, terms of sale and payment schedule and other relevant terms independently with the promoter prior to arriving at any decision of buying any apartment/plot in the said project. The binding offering shall be governed by the terms and conditions of the Agreement for Sale only. Our official website is www.adanirealty.com, an email address is info@adanirealty.com and phone no is 1800-108-0009. In no event will the Promoter be liable for any claim made by the reader including seeking any cancellation and or/withdrawal for any of the inaccuracies in the information provided in the advertisement, though all the efforts have been made to ensure accuracy. We also do not hold any responsibility for any information provided by any broker/channel partner/property dealer or made available on any website/email communication other than official website/email/correspondence. [1 sq. mt. = 10.764 sq. ft. , 1 sq. mt. = 1.196 sq. yd.]. *T&C apply.
Ambrosia - RERA No. PR/ GJ/ GANDHINAGAR/ GANDHINAGAR/ AUDA/ RAA10833/ 201022 | Archway - RERA No. PR/ GJ/ AHMEDABAD/ AHMEDABAD CITY/ AUDA/ RAA10154/ 050522 | Atrius - RERA No. PR /GJ /AHMEDABAD /AHMEDABAD CITY /AUDA /RAA09989 /310322 | Ikaria - RERA No. PR /GJ /AHMEDABAD /DASKROI /AUDA /RAA10359 /240622 | Green View - RERA No. PR /GJ /AHMEDABAD /AHMEDABAD CITY /AUDA /RAA09534 /241221 | Paarijat - PR /GJ /GANDHINAGAR /GANDHINAGAR /AUDA /RAA10759 /121022 | The Storeys - RERA No. PR /GJ /AHMEDABAD /AHMEDABAD CITY /AUDA /RAA08162 /090321 | The North Park Phase 1&6 - PR /GJ /AHMEDABAD /AHMADABAD CITY /AUDA /RAA00303 /290917 | The North Park Phase 2&3 - PR /GJ /AHMEDABAD /AHMEDABAD CITY /AUDA /RAA01824 /010318 | The North Park Phase 4&7 - PR /GJ /AHMEDABAD /AHMEDABAD CITY /AUDA /RAA01901 /070318 | The North Park Phase 5 - PR /GJ /AHMEDABAD /AHMADABAD CITY /AUDA /RAA00268/270917 | The North Park Phase 8 - PR /GJ /GANDHINAGAR /GANDHINAGAR /AUDA /RAA06343 /181119 | Amogha - RERA No. PR /GJ /AHMEDABAD /DASKROI /AUDA /RAA08011 /050221 | Aster - RERA No. PR /GJ /AHMEDABAD /AHMEDABAD CITY /AUDA /RAA07338 /140820 | Water Lily Phase 2 RERA No. PRGJAHMEDABADAHMEDABAD CITYAUDARAA01511030218 | Water Lily Phase 3 RERA No. PRGJAHMEDABADAHMEDABAD CITYAUDARAA00576021117 | Water Lily Phase 4 PRGJAHMEDABADAHMEDABAD CITYAUDARAA01511030218 | Water Lily Phase 5 PRGJAHMEDABADAHMEDABAD CITYAUDARAA03398120918 | Samsara Vilasa - HARERA No. 13 of 2019 dated 26.03.2019 | OG - HARERA No. 170 of 2017 dated 29.08.2017 | OG - HARERA No. 171 of 2017 dated 29.08.2017 | Samsara Vilasa 2.0 - HARERA No. RC/REP/HARERA/GGM/647 /379/2022/ 122 | Platinum Tower at Oyster Grande - HARERA No. 37 of 2017 dated 10.08.2017 | Aangan - HARERA No. 391 of 2017 dated 22.12.2017 | Aangan - HARERA No. 260 of 2017 dated 03.10.2017 | Samsara (M Block) - HARERA No. 37 of 2018 dated 19.12.2018 | Samsara (M Block) - HARERA No. 197 of 2017 dated 15.09.2017 | Samsara (M Block) - HARERA No. 207 of 2017 dated 15.09.2017 | Samsara Avasa - RC/REP/HARERA/GGM/648/380/2022/123 | Lush Land - RC/REP/HARERA/GGM/837/569/2024/64 | The Views - RERA No. P51900031165 for Towers A and B | The Views - RERA No.P51900033194 for Towers C and D (The Views II) | Linkbay Residences - RERA No. P51800047539 | Monte South - RERA No. P51900001936 / P51800001779 / P51800001681 / P51800001585 / P51900001346 / P51800002818 | Atelier Greens - RERA No. P52100018596 | TEN BKC - RERA No. P51800004889 | TEN BKC - RERA No. Tower 1 - P51800055125 and Tower 4 – P51800055166