Invest in Prime Real Estates

Unlock the Potential of Indian Real Estate with magnificent growth and attractive returns.





    Why DOBARIYA Is the Partner’s Preferred Choice

    High ROI

    Investing in Dobariya's real estate projects offers attractive returns on investment. The properties are located in high-growth areas, ensuring that your investment appreciates over time. This makes it a lucrative opportunity for NRIs looking to grow their wealth through real estate.

    Tax Benefits

    NRIs can take advantage of favorable tax policies when investing in Indian real estate. These benefits include exemptions and deductions that can significantly reduce your tax liability. By investing in Dobariya, you can maximize your returns while minimizing your tax burden, making it a financially smart choice.

    Prime Locations

    Dobariya's projects are situated in prime locations, offering access to premium properties. These locations are carefully selected for their potential for growth and development, ensuring that your investment is in a desirable and high-demand area. This not only enhances the value of your property but also provides a prestigious address.

    Hassle-Free Management

    Dobariya offers professional property management services, ensuring that your investment is well-maintained and managed efficiently. This includes tenant management, maintenance, and other administrative tasks, allowing you to enjoy the benefits of your investment without the hassle of day-to-day management. This service is particularly beneficial for NRIs who may not be able to oversee their properties regularly.

    Dobariya Guidelines

    Essential Guidelines for NRIs: Maximize Your Indian Real Estate Investments with Ease

    Discover the benefits of investing in Indian real estate as an NRI. Enjoy high returns, favorable tax policies, prime property locations, and professional management services to ensure your investment is both profitable and hassle-free.

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    NRI INVESTMENT GUIDELINES

      1) Non-Resident Indians have always played an active part in the Indian real estate sector. The real estate market of today offers hassle free transactions for NRIs who wish to buy property in India. Here are some guidelines that must be followed:

      2) ACQUISITION AND TRANSFER OF IMMOVABLE PROPERTY IN INDIA BY A PERSON RESIDENT OUTSIDE INDIA

      Acquiring immovable property in India by persons resident outside India is regulated in terms of Section 6(3) (i) of the Foreign Exchange Management Act (FEMA), 1999 as well as by the regulations contained in Notification issued by RBI viz Notification No FEMA. 21/2000-RB dated May 3, 2000, as amended from time to time. The persons resident outside India are categorized as Non- Resident Indians (NRIs) or a foreign national of Indian Origin (PIO) or a foreign national of non-Indian origin. A person resident in India who is not a citizen of India is also covered by the relevant Notifications.

      3) Statutorily, under the provisions of Section 6(5) of FEMA 1999, a person resident outside India can hold, own, transfer or invest in Indian currency, security or any immovable property situated in India if such currency, security or property was acquired, held or owned by such person when he was a resident in India or inherited from a person who was a resident in India.

      4) The regulations under the Notification No FEMA 21 dated May 3, 2000 permit a NRI or a PIO to acquire immovable property in India other than agricultural land or, plantation property or farm house. Further, foreign companies who have been permitted to open an office in India are also allowed to acquire any immovable property in India, which is necessary for or incidental to carrying on such activity. This stipulation is not available to entities which are permitted to open liaison offices in India.

      5) The relevant regulations covering the transactions in immovable property have been notified vide RBI Notification No. FEM

      A 21/2000-RB dated May 3, 2000 and this basic notification has been subsequently amended by the notifications detailed below:

      a) Notification No.FEMA 64/2002-RB dated June 29, 2002

      b) Notification No.FEMA 65/2002-RB dated June 29, 2002

      c) Notification No.FEMA 93/2003-RB dated June 9, 2003 and

      d) Notification No. FEMA 146/2006-RB dated February 10 2006 (available with A.P.(DIR Series) Circular No. 5 dated 16.8.2006 on website) All the above notifications are
      available on RBI website: www.fema.rbi.org.in

      6) The restrictions on acquiring immovable property in India by a person resident outside India would not apply where the immovable property is proposed to be acquired by way of a lease for a period not exceeding 5 years or where a person is deemed to be resident in India. In order to be deemed to be a person resident in India, from FEMA angle, the person would need to comply with the criterion for residency as defined in Section 2(v) of FEMA 1999. However, citizens of Pakistan, Bangladesh, Sri

      7) Lanka, Afghanistan, China, Iran, Nepal or Bhutan cannot acquire or transfer immovable property in India, (other than on lease, not exceeding five years) without prior permission of the Reserve Bank.

      8) NRIs/PIO are allowed to repatriate an amount up to USD one million, per financial year (April-March), out of the balances held in the NRO account subject to tax compliance. This amount includes sale proceeds of assets acquired by way of inheritance or settlement.

      While the statutory and regulatory provisions are indicated above, we have been receiving several queries from individuals on operational procedures regarding acquisition, holding and transferring of immovable property in India and repatriating / remitting the proceeds arising from sale of such property. In order to clarify these issues, we have attempted a set of FAQs on various issues relating to acquisition and transfer of immovable property in India by a person resident outside India and a person resident in India who is not a citizen of India.

      9) In case there are other issues to be resolved, a reference may be made to the Chief General Manager-in-Charge,

      - Foreign Exchange Department,

      - Foreign Investment Division,

      - Reserve Bank of India,

      Central Office,

      Mumbai- 400 001.

      We Find Great Satisfaction In Our Efforts To Redefine The Horizon Of Ahmedabad.

      Years of expertise drive our success, with a wide range of projects

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