Looking to buy a villa plot back home while you work abroad. Good choice. NRI purchases in Chennai’s Padappai Oragadam belt have grown thanks to strong infrastructure and clear approvals. This guide keeps the process simple so you can close confidently even if you are not in India.
Who can buy and what you can buy
NRIs and OCIs can freely purchase residential plots in India under FEMA. Agricultural land and farmhouse land need special permission. DTCP and RERA approved layouts like Velammal Garden in Padappai give you added compliance comfort and bank acceptance.
Essential KYC checklist for NRI buyers
Keep clear scans and notarised copies ready. It saves weeks.
- Valid passport photo and address pages
- OCI card if applicable
- Indian PAN for taxation and TDS procedures
- Overseas address proof and recent utility bill or bank statement
- Indian and overseas mobile numbers and emails
- Passport size photographs
- Recent visa or residence permit copy
- FATCA declaration if a lender asks
Pro tips
- Keep your name exactly the same across passport, PAN and bank accounts.
- If there is a spelling variation, get an affidavit of name confirmation.
Money movement and bank accounts
Buying a plot is easiest when you plan banking before you shortlist.
- NRE account for foreign earnings and repatriable funds
- NRO account for income earned in India and local payments
- Use inward remittance or NRE or NRO cheque or bank transfer for the booking and sale deed payments
- Indian banks can lend to NRIs after standard eligibility checks
Pro tips
- Maintain a clean paper trail from your overseas account to your NRE or NRO and then to the developer or seller account.
- For long term repatriation planning, park funds in NRE where possible and speak to your CA.
TDS and taxes in a nutshell
Tax steps depend on who the seller is.
- If you buy from a resident seller and the consideration is above the threshold, the buyer must deduct TDS at the time of payment and deposit it within the prescribed timeline
- If you buy from an NRI seller, TDS is deducted under different rules and rates and usually needs a CA certificate
- Stamp duty and registration charges are payable in Tamil Nadu at the time of registration
- Property tax and maintenance will start after registration as per local norms
Pro tips
- Always take a CA’s written note on your TDS responsibility before paying any advance.
- Keep challans and certificates in a single folder for future resale or repatriation.
Power of Attorney if you are abroad
If you cannot travel for registration, create a Special Power of Attorney for one trusted person in Chennai.
- Draft an SPA that clearly authorises site visit, document collection, agreement signing and registration
- Execute the SPA before a Notary or Indian Consulate in your country of residence
- Courier the original to India and get it adjudicated and stamped in Tamil Nadu within the stipulated time
- Your attorney must carry originals and their KYC on the registration day
Pro tips
- Use a property specific SPA with plot number and project name to avoid ambiguity
- Keep validity limited to the transaction timeline
Layout due diligence for plots in Padappai Oragadam
Even in a good micro market, verify once and sleep peacefully later.
- DTCP approval copies and layout drawing with your exact plot number
- RERA registration details and sanctioned plan for the project phase
- Title flow for at least 30 years with legal opinion and EC continuity
- Patta and FMB sketch or settlement documents as relevant
- Road width, OSR space, parks and drainage as per approvals
- Utility readiness for water, EB and stormwater
- Sale agreement clauses on timelines and penalty
At Velammal Garden, you get a DTCP and RERA approved gated community with clear documentation and on ground development, which helps with loan approvals and resale confidence. Explore more at velammalgarden.com and ask for a document kit with your shortlisted plot.
Payment structure and documents you will sign
A transparent schedule avoids surprises.
- Booking form and token receipt
- Allotment letter with plot number and dimensions
- Agreement for sale with payment schedule and registration window
- Sale deed at Sub Registrar Office near Padappai
- Welcome pack with layout byelaws and association details if formed
Pro tips
- Insist on measurement at site before registration
- Match north direction and abutting road with the layout plan and sale deed schedule
Home loan for NRI plot buyers
Banks active in the Chennai belt offer NRI plot loans with standard documentation.
- Passport, visa, overseas employment proof and salary slips
- NRE or NRO bank statements
- Credit report from your resident country if available
- Project approvals and title papers from the developer
- Sanction letter with tenure, rate type and prepayment terms
Pro tips
- Choose a floating rate with part prepayment facility.
- Set up ECS from NRE or NRO to avoid missed EMI while travelling.
Registration day in Chennai
Your attorney or you will need a tidy checklist at the SRO.
- Original SPA if used and adjudication proof
- Sale deed print with correct names and consideration
- DDs or RTGS slips for consideration and government fees
- PAN, Aadhaar if applicable, photographs
- Thumb impressions and biometric capture at SRO
- Post registration, collect the signed copy and track the scanned deed on the state portal
After purchase essentials
Small steps that save time later.
- Apply for name transfer in Patta or municipal records as applicable
- Start property tax account and EB application if provisioned
- Mark plot boundaries with corner stones and a simple fence
- Save a digital locker with all PDFs, challans and SPA
- Add the plot to your India Will for clean succession
Why Padappai Oragadam for NRI buyers
This corridor balances city access with industrial growth. You are close to Oragadam’s manufacturing hub, Sriperumbudur employment belt and upcoming transit improvements, which supports long term demand. Gated communities like Velammal Garden bring better infrastructure inside the layout so you can build when you are ready. See current availability and offers at velammalgarden.com.
Quick 10 step action plan
- Get PAN and open NRE and NRO
- Shortlist plot at Velammal Garden and block with token
- Ask for title kit and legal opinion
- Finalise payment schedule
- Arrange SPA if you will not travel
- Plan TDS and taxes with a CA
- Apply for bank loan if needed
- Measure plot and verify documents
- Register sale deed at SRO
- Update records and store all proofs
FAQs
What documents do I need as an NRI to buy a plot in Padappai
Passport, PAN, OCI if applicable, overseas address proof, photographs and NRE or NRO bank details. For the property, ask for DTCP and RERA papers, title documents, EC and layout plan.
Can I buy using my NRE account and repatriate later
Yes, you can pay from NRE or NRO. Repatriation rules exist for future sale proceeds and rental or interest income. Plan with your CA for limits and paperwork.
Do I need a Power of Attorney to register if I am abroad
It is the simplest way. Execute a Special POA abroad before a Notary or Indian Consulate, courier it to India, get it adjudicated in Tamil Nadu and your attorney can sign on your behalf.
What TDS applies when I buy as an NRI
TDS depends on whether the seller is resident or NRI and the consideration amount. The buyer is often responsible for deducting and depositing TDS. Take a CA’s calculation before paying any instalment.
Will banks give home loans to NRI plot buyers in Chennai
Yes, many banks have NRI loan programs. You will provide overseas employment and income proofs, bank statements and the project approval set. A DTCP and RERA approved layout like Velammal Garden usually speeds up processing.
Ready to move ahead. Reach out for a plot tour and a clean documentation walkthrough at velammalgarden.com and we will help you complete the process smoothly even if you are abroad.
