If you’ve ever caught yourself daydreaming about owning a beautiful home back in India — perhaps a sea-facing apartment in Versova or a luxury residence near BKC — you’re not alone. Non-Resident Indians (NRIs) around the world are increasingly investing in Indian real estate, drawn by favourable currency exchange rates, a sense of emotional belonging, and the irresistible promise of high returns in cities like Mumbai.
And the best part? NRI buying property in India is now easier with Rustomjee’s seamless overseas buying process. From virtual tours to digital paperwork and possession handovers, Rustomjee makes it feel like you’re just a video call away from your dream home.
Step-by-Step: How NRIs Can Buy a Rustomjee Property from Anywhere
Here’s how you can you can buy Rustomjee properties without leaving the comfort of your couch:
Step 1: Pick Your Dream Home (Virtually!)
Who says house-hunting needs traffic, tea breaks, and sweaty site visits? NRI properties with Rustomjee’s digital ecosystem let you explore 29+ luxury projects online, complete with virtual property tours, 3D walkthroughs, and one-on-one video consultations.
Picture yourself checking out Rustomjee Panorama in Pali Hill with its spacious 4 BHK layouts, or the breezy Rustomjee Ocean Vista in Versova offering beachfront views — all from your couch in Dubai, London, or New York. There’s even Rustomjee Balmoral Golf Links in Chembur for those who prefer fairways to freeways.
Read Also: Kasara is the Centre of Attraction Again
Step 2: Prepare the Paperwork (Minus the Headache)
The admin part sounds daunting, but Rustomjee’s NRI support team handles most of the heavy lifting. From document checklists and PAN card assistance to NRE/NRO/FCNR account setup, everything is guided step-by-step.
Need a Power of Attorney notarised at your local Indian Embassy? We’ll help you with all of that, too.
Step 3: Book Your Property (and Lock That Rate)
Once you’ve picked “the one,” booking is as easy as sending a token payment (usually 1–2% of the property value) via your NRE/NRO account or international wire transfer. You’ll get a booking receipt, and the property is blocked for you for up to 30 days.
So whether it’s Rustomjee Aden in BKC Annexe (from ₹4.05 Cr) or Rustomjee Cleon (from ₹4.25 Cr), you can secure your investment before market rates shift.
Step 4: Apply for an NRI Home Loan, If Needed
NRIs can get up to 80% financing from trusted banks like HDFC, ICICI, Axis, or SBI, with loan tenures of up to 30 years. Interest rates hover between 8.5–10%, slightly higher than for residents.
Fun fact: Rustomjee has tie-ups with major lenders for faster mortgage approvals and pre-approved offers, especially for premium projects like Rustomjee Stella in Bandra East.
Step 5: Sign Through Power of Attorney
Your Power of Attorney (PoA) holder in India can sign the sale agreement on your behalf. They’ll handle stamp duty, registration, and initial payments, while you receive all updates digitally.
Maharashtra’s current stamp duty ranges from 4–6%, and registration charges are 1%. Rustomjee’s legal and liaison team ensures every step is compliant and transparent, whether it’s for Rustomjee Cliff Tower in Mount Mary or Rustomjee Crescent in Pali Hill Bandra.
Step 6: Manage Payments with Ease
Under-construction properties usually follow a construction-linked payment schedule (foundation, plinth, floor, completion). Ready homes have time-linked plans. All transactions happen in Indian Rupees through NRE/NRO/FCNR accounts.
Read Also: Understanding the 20:80 Payment Plan
Step 7: Take Possession — Virtually or In Person
Once the Occupancy Certificate (OC) is ready, Rustomjee arranges a final inspection (via video walkthrough or PoA representative). After verification, you receive your possession letter, keys, and utility setups.
Projects like Rustomjee Seasons in BKC Annexe, Rustomjee Crown in Prabhadevi, and Rustomjee Parishram in Pali Hill are all ready for immediate handover — meaning you could literally own a Mumbai home before your next trip home!
Why NRIs Love Buying Rustomjee Properties
NRIs aren’t psyched about buying Rustomjee properties for no reason:
-
Favourable Currency Advantage
With ₹84 roughly equaling $1, NRIs earn in stronger currencies but buy in rupees — a classic forex advantage. For instance, a ₹3.99 Cr (≈$475,000) apartment in Rustomjee BKC Cluster feels like a steal compared to overseas real estate prices.
Plus, as the rupee depreciates, your property value often appreciates in your home currency.
-
A Developer You Can Trust
With 29+ years in the industry, Rustomjee has delivered 50+ lakh sq. ft. of premium real estate. MahaRERA-registered, endorsed by Hrithik Roshan, and known for on-time delivery — this is a brand that NRIs trust for transparency, quality, and reliability.
-
Prime Mumbai Locations
Whether it’s BKC Annexe, Pali Hill, Juhu, Versova, or Chembur, Rustomjee is everywhere that matters. Living in Mumbai’s prime neighbourhoods comes with its own everyday luxuries.
At BKC Annexe, you might start your day with a quick workout or coffee by the rooftop deck before heading to work nearby. In Pali Hill, evenings often mean a quiet stroll through leafy lanes or a relaxed swim.
Juhu and Versova bring the sea into daily life with breezy terraces and sunset views that never get old, while Chembur offers the comfort of green spaces, clubhouses, and friendly neighbours. Each area feels like its own little world—familiar, easygoing, and effortlessly upscale.
-
Global-Standard Lifestyle
With NRI properties, think infinity pools, yoga decks, forest walks, mini theatres, senior zones, and 24/7 security — all tailored for NRIs accustomed to resort-style living. Projects like Rustomjee Ashiana and Rustomjee Elita bring international comfort right to Mumbai’s heart.
-
Dedicated NRI Support, 24/7
Rustomjee’s NRI Desk is your all-time companion — with dedicated relationship managers assisting across time zones. From loan coordination and legal reviews to post-possession services like rental management, they ensure your buying journey stays smooth, transparent, and reassuringly personal.
Conclusion
Buying your dream Mumbai home as an NRI doesn’t need to be complicated. With Rustomjee’s world-class service, clear paperwork, and premium projects, your connection to India can now come with a beautiful new address.
Whether it’s the skyline views of Prabhadevi, the quiet elegance of Pali Hill, or the buzzing energy of BKC Annexe, your dream home in India is just a few clicks away.
Explore Rustomjee’s portfolio of luxury NRI-friendly properties, take a virtual tour, and let our dedicated NRI Support Desk guide you through a seamless, transparent buying journey — all from the comfort of wherever you are in the world.
FAQs
- Can NRIs buy property in India without visiting?
Absolutely! Thanks to Rustomjee’s digital-first process, NRIs can explore, book, and even register properties entirely online. From virtual site tours to digital documentation and Power of Attorney signing, every step can be completed remotely.
- Can NRIs repatriate funds after selling a Rustomjee property?
Yes, NRIs can repatriate sale proceeds as per the Reserve Bank of India (RBI) guidelines. The funds must be credited through your NRE or FCNR account, and you can typically repatriate up to two properties’ worth of proceeds.
- What are the tax benefits available to NRIs on home loans?
NRIs enjoy similar tax benefits as resident Indians when it comes to home loans. You can claim deductions on both interest payments under Section 24(b) and principal repayment under Section 80C of the Indian Income Tax Act.
- How long does the entire purchase process take from overseas?
For ready-to-move-in properties, the full process—from virtual tour to possession—typically takes 45 to 90 days. Under-construction projects follow a milestone-based timeline, depending on your payment plan and PoA setup. Rustomjee’s NRI team ensures constant communication so you’re never in the dark, even from thousands of miles away.
- Is it safe to buy property from overseas?
Completely. All Rustomjee projects are MahaRERA registered, ensuring legal transparency, verified documentation, and clear title ownership. The brand’s 29-year legacy, on-time delivery record, and dedicated NRI Support Desk make overseas property buying a secure and trustworthy experience.
