FEMA & Legal
Compliance Guide 2026
A comprehensive roadmap for the global Indian diaspora to acquire, manage, and repatriate residential property assets in Pune while staying 100% FEMA-compliant.
FEMA Framework: Section 6 Overview
Under the Foreign Exchange Management Act (FEMA), NRIs and OCIs (Overseas Citizens of India) have a general permission to acquire any immovable property in India, other than agricultural land, plantation property, or farmhouse.
Financial Routing: NRE vs NRO
Choosing the correct account type is critical for future fund repatriation. Direct remittances from abroad are the most streamlined for Joyville transactions.
Repatriation Limits (Standard Guidelines)
| Aspect | Limit / Rule |
|---|---|
| Principal Amount | 100% Repatriable (if bought via foreign inward remittance) |
| Capital Gains | Repatriable after applicable TDS (Long/Short term) |
| Property Count | Up to 2 residential properties per OCI/NRI card |
MahaRERA Integrated Filing
Every Shapoorji Pallonji agreement for NRI buyers is pre-cleared for FEMA banking compliance. We provide the requisite Audit Trail for your home loan or direct remittance bank.
Disclaimer: While FEMA guidelines are standardized, individual tax implications depend on your country of residence (DTAA rules). Consult our empaneled tax advisors for cross-border filing support.