Question 1

Can NRIs buy NA bungalow plots in Pune?

Accepted Answer

Yes, Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs) can legally purchase residential or commercial property, including NA bungalow plots, under FEMA regulations. Agricultural land purchase is not permitted.

Question 2

Why is Kumar Magnacity the safest plot investment for NRIs?

Accepted Answer

Kumar Magnacity eliminates the risk of land encroachment and title disputes. It is a gated 150-acre township with 24/7 security, RERA registration (P52100052096), and individual 7/12 extracts. As an NRI, your land is physically protected and legally secure even when you are thousands of miles away.

Question 3

Do I need to be in India to complete the plot purchase?

Accepted Answer

No. The entire process from site selection via virtual tours, booking, documentation, and payment can be done digitally. Final registration can be completed via a registered Power of Attorney (PoA) granted to a family member in India.

Question 4

How can NRIs remit funds for NA plot purchases?

Accepted Answer

Funds should be remitted to India through normal banking channels by way of inward remittance or from funds held in NRE/FCNR/NRO accounts. Payments cannot be made by traveler's cheques or foreign currency notes.

Secure NA Plot Investment for NRIs in Pune

The NRI Land Conundrum Solved

Zero Encroachment Risk

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