NRI Support

NRI-support

Happily Invest In Indian Immovable Property With Trust

USM MyCity has a bright and trustworthy solution for your valuable investments that you planned to put on the property in India. We are committed to delivering properties (in Hyderabad) with world-class quality and amenities. We promise and assist foreign customers who are interested to buy open plots/lands in Hyderabad. We are transparent in providing real estate services for NRI customers.

Are you looking to buy open plots that offer tremendous future benefits like sandalwood profits, free membership to a luxurious resort, fruit plant benefits, EMI/bank loan availability, and so on? Then, contact us, and we get back to you in minutes!

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  • NRI Guide to Registration Process
  • Why Our Premium Ventures Are Popular?
  • RBI Guidelines
  • Support In Availing Bank Loans

    Our team helps customers in availing financial loans through various authorized Indian Banks as well as financial institutions.

    We assist our esteemed customers until the loan amount is disbursed to them. Accordingly, the company (USM MyCity) itself provides EMI flexibility for buyers of certain open plot ventures.

    Support In Documentation And Registration Process

    We have a dedicated in-house team to help our NRI customers to provide smooth documentation and registration process.

    NRI customers (he/she) need not come to India for registration and the purpose of document submission. USM MyCity team will manage all the paperwork on behalf of NRI customers.

    Secured Payment Systems

    We acquired huge customer trust with our transparency in providing services. Before you pay for the plot, we will send all the images of the plot. Then, you can make a secure payment online to our bank account.

    Your trust is our growth and driver for our success in the competitive real estate market of India!

  • Increased Return-On-Investment

    The right time has arrived to invest in real estate properties in India. Open land or plot prices in India, especially in Hyderabad, are climbing every year. We ensure that all our venture plot buyers will get high returns with low investments. Our DTCP and HMDA approved best-in-class open plots/lands in and around Hyderabad give surprising and unbelievable returns.

    Don't waste your valuable money on plots that just worth your investment, instead make your smart investment on plots that offer huge returns in the future.

    Our Premium Projects

  • NRIs are thrilled to invest in the ever-growing real estate industry of India. RBI has given legal permission to NRIs or Persons of Indian Origin (PIO) to acquire/transfer properties in India. Below are certain RBI guidelines to NRI/PIO to purchase property in India.

    • What types of properties that an NRI can buy in India?
      • An NRI/PIO can buy: residential or Commercial Properties
      • An NRI/PIO cannot buy: Agricultural lands/Farmhouse
    • Do an NRI need any RBI approval to buy immovable property in India?

      No. No permission are required to an NRI to buy residential/commercial lands in India.

    • Is there any limitation to NRI to purchase immovable properties in India?

      No. There are no restrictions or limitations applicable to NRI for buying residential/commercial lands in India.

    • Can a Foreign citizen hold ownership rights to the property purchased by an NRI?

      No. The land/plot purchased by an NRI can either be purchased in a single name or jointly with any other NRI.

    • How to finance the property that you purchased in India?
      • Through foreign banking channels
      • Through FCNR account
      • Through NRE/NRO Account

      Foreign currency or payment made by the traveler's cheque is not to be allowed to pay for a property that an NRI/PIO purchased in India.

    • Can a foreign citizen who reside outside India can purchase property in India?

      No. A non-Indian origin who is residing outside India cannot purchase properties in India. But, citizens of certain countries can acquire immovable properties in India on lease from a person who is a resident in India for five years without taking RBI permissions.

    • Can a NRI get commercial/residential property in India as gift?

      Yes. NRIs/PIOs can acquire properties other than agricultural land/farmhouse/plantation by the way of gift from another NRI or PIO or an Indian resident.

    • Can a NRI sell or transfer his/her immovable property in India?

      Yes. An NRI can sell his/her properties in India to:

      • A person who is resident in India
      • An NRI or a PIO
    • Can a NRI/PIO avail loan in rupees to buy property in India?

      Yes, they can avail loans from authorized banks under specific terms and conditions. As of RBI's Foreign Exchange Management (Borrowing and lending in rupees) Regulations, 2000, the banks/authorized financial institutions can lend money/loan to the NRIs in rupees for the purpose of immovable land purchase/renovation of residential properties owned by them in India.

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