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Our NRI-focused offerings cater to global investors seeking the finest properties in Mumbai. With seamless investment opportunities, prime locations, and transparent processes, we provide a gateway to long-term value. Designed for those who aim to build enduring legacies in India’s most coveted real estate market.
Our NRI investment offerings are designed for those who seek simplicity and excellence. With transparent processes, prime locations, and a focus on long-term value, we make investing in Mumbai’s real estate effortless. Tailored for global investors, these opportunities are built to endure, ensuring a legacy that spans generations.
An individual who resides outside India for employment, business, or vocation, or stays abroad with an intention of an indefinite duration, is considered a Non-Resident Indian (NRI). This also applies to individuals working in U.N. organizations or those temporarily assigned abroad by the Central/State Governments or Public Sector undertakings. Additionally, foreign nationals of Indian origin residing outside India are treated the same as NRIs.
A person of Indian origin refers to an individual (excluding citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, or Bhutan) who:
Has ever held an Indian passport, or
Whose father or paternal grandfather was a citizen of India under the Constitution of India or the Citizenship Act, 1955.
The Overseas Citizenship of India (OCI) is an immigration status that allows a foreign national of Indian origin to reside and work in India for an indefinite period.
Yes, Non-Resident Indians (NRIs) are permitted to buy and sell both residential and commercial properties in India.
NRIs face no limitations on the number of residential or commercial properties they can own in India. However, the law prohibits NRIs from purchasing agricultural land, plantation properties, or farmhouses in India.
Yes, as per the general permission granted by the Reserve Bank, NRIs can acquire property, other than agricultural land, farmhouses, or plantation properties, provided the payment is made through either inward remittances in foreign exchange via regular banking channels or from the purchaser’s NRE/FCNR accounts in India. Additionally, a declaration must be submitted to the Reserve Bank’s Central Office in form IPI 7 within 90 days from the date of property purchase or the final payment of the purchase price.
The Reserve Bank has given general permission to foreign citizens of Indian origin, whether residing in India or abroad, to purchase immovable property in India for genuine residential purposes. As a result, they do not need to seek prior approval from the Reserve Bank.
An NRI/PIO is generally not allowed to purchase agricultural land, plantation property, or farmhouses in India. Any proposals to buy such land require specific approval from the RBI, in consultation with the Government of India. The only exception is if the land is acquired through inheritance.
Yes, the Reserve Bank has given general permission to NRIs to acquire or transfer NRI India Properties as a gift to or from a relative. The relative can be an Indian citizen or a person of Indian origin (PIO), whether they are residing in India or abroad.
The Reserve Bank has granted general permission to specific financial institutions, such as HDFC, LIC Housing Finance Ltd., and authorized dealers, to provide housing loans to NRIs for purchasing a house or flat for self-occupation, subject to certain conditions. The loan’s purpose, margin money, and loan amount will be aligned with the criteria applicable to resident Indians. Repayment of the loan must be completed within 15 years, using inward remittances through banking channels or funds from the investor's NRE/FCNR/NRO accounts.
Simply acquiring property does not trigger income tax liability. However, any income generated from owning the property, such as rent (if it is rented out), the annual value of the house (if it is not rented out and is not the only residential property owned by the individual in India), or capital gains (whether short-term or long-term) from the sale of the property, will be subject to tax in the hands of the owner.
Yes, non-residents are subject to tax on both long-term and short-term capital gains.
According to the Double Tax Avoidance Agreement (DTAA) with most countries, capital gains from the sale of immovable property are taxed in the country where the property is located. Therefore, if an NRI owns immovable property in India, they will be required to pay tax in India on any capital gains from the sale of the property. Similarly, rental income from immovable property in India is subject to tax in India under most tax treaties.
MEGHNA REALTY (Meghna Infracon Infrastructure Limited) takes the privacy of this website’s users very seriously and is committed to protect your personal data. This Privacy Policy sets out the way in which we collect, use, disclose, transfer, and store your personal data when you use our website. You are advised to carefully read the Privacy Policy before using this website.
Please note that our website and other digital platforms may contain links to third party websites/digital platforms which are provided for your convenience but are not under the domain of www.gamigroup.in We recommend that you check the privacy and security policies and procedures of every other website/digital platform that you visit and MEGHNA REALTY (Meghna Infracon Infrastructure Limited) shall not responsible for the privacy practices and security of such other websites/platforms.
COLLECTION AND USE OF PERSONAL DATA, CONFIDENTIAL PERSONAL DATA AND INFORMATION
Personal data is data that can be used to identify or contact a single person (including but not limited to name, address, e-mail address, user name, telephone/mobile number, age, date of birth, gender, education qualifications, nationality, information, posts and other content you submit to our sites) . “Confidential personal data” includes information relating to passwords, credit/debit cards information, physical information, physiological information and biometric information (such as fingerprints, voice patterns, etc. that are used for authentication purposes).
You may give us information about yourself by filling in forms on our sites, submitting a CV, correspondence via phone, e-mail or otherwise or, by interacting with any of our business partners, suppliers or sub-contractors (including estate agents, sales agents and our professional advisors) engaged on our behalf. This includes information you provide when you register to use our sites, subscribe to our service, email us, arrange property viewings with us, request brochures from us, complete an enquiry form and when you report a problem with our sites. The information you give us may include your name, address, e-mail address, phone number and any other information relevant to your enquiry or request for information or services which we may require, and you may choose to provide to us from time to time.
We may automatically collect technical information, including the IP address, your login information, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform; and information about your visit, including the full URL clickstream to, through and from our sites; materials you viewed or searched for; page response times, download errors, length of visits to certain pages, page interaction information, and methods used to browse away from the page and any phone number used to call our customer service number.
We may receive information about you if you use our sites or any other services we provide. In this case we will have informed you when we collected that data that it may be shared internally and combined with data collected on our sites. We also work closely with third parties (for example, business partners, sub-contractors in technical, payment and delivery services, advertising networks, analytics providers, search information providers, credit reference agencies) and may receive information about you from them.
All personal data and confidential personal data that we collect about you may be recorded, used, and protected by us in accordance with applicable data protection legislation and this Privacy Notice. While you can visit our site without disclosing any personal data, however please note, if you don’t choose to provide us with the requested personal data, we may be unable to offer you our products or services in some instances where this data is required. Also, to apply or register on our website there are web pages that require such information to complete certain functions, thus these web pages may not be available to you if you decide not to reveal the information requested.
USE OF PERSONAL DATA AND INFORMATION:
Your personal data and information may be used for the following: to carry out our obligations arising from any contracts entered into between you and MEGHNA REALTY (Meghna Infracon Infrastructure Limited) and to provide you with the information and services that you may require relating to the projects, properties, ventures or opportunities detailed on our website or otherwise notified to you; to provide you with information about other goods and services we offer that are similar to those that you have already purchased or enquired about; to provide to you or enable selected third parties to provide to you, information about opportunities, goods or services we feel may interest you. If you are an existing customer, we will only contact you by e-mail, SMS, telephone or your preferred method of contact if different, with information about opportunities, goods and services similar to those which were the subject of a previous sale or negotiations of a sale to you. If you are a new customer, and where we permit third parties to use your data, we (or they) will contact you by e-mail, SMS, telephone or your preferred method of contact if different only if you have consented to this; to administer our sites and for internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes; to improve our sites to ensure that content is presented in the most effective manner for you and for your computer; to allow you, when required, to participate in interactive features of our service; to keep our sites safe and secure; to measure, understand and improve the effectiveness of advertising we serve to you and others; and to make suggestions and recommendations to you and other users of our sites about goods or services that may interest you or them.
SHARE AND TRANSFER OF YOUR PERSONAL DATA AND INFORMATION:
We may share your personal data and/or information with any member of our group, which means our subsidiaries, our primary holding company and its subsidiaries; with selected third parties including, where applicable business partners, suppliers or sub-contractors (including estate agents, sales agents and our professional advisors) engaged on our behalf; for the performance of any contract or any potential contract we may enter into with them or you, or in relation to any ancillary requirements; advertisers and advertising networks that require the data to select and serve relevant adverts to you and others; and analytics and search engine providers that assist us in the improvement and optimization of our sites.
MEGHNA REALTY (Meghna Infracon Infrastructure Limited) may share your personal data and/or information with third parties if: the said third party may have bought or sold to us any business or assets; MEGHNA REALTY (Meghna Infracon Infrastructure Limited) is legally obligated to disclose or share your personal data; or if MEGHNA REALTY (Meghna Infracon Infrastructure Limited) is required to do so in order to enforce our terms of use and other agreements or to protect the rights, property, or safety of MEGHNA REALTY (Meghna Infracon Infrastructure Limited), our customers, or others. This includes exchanging information with other companies and organizations for the purposes of fraud protection and credit risk reduction.
We may share your non sales related information such as Cookies, Email IDs, Phone number etc., to external parties, but we do not share your confidential personal data which is sales related information such as PAN, Credit/Debit Card details or preference details with external parties.
SAFEGUARDING YOUR PERSONAL DATA
We take all reasonable precautions to keep your personal data secure and require any third parties that handle or process your personal data for us to do the same. Access to your personal data is restricted to our employees and agents on a need-to-know basis to prevent its modification or misuse.
COOKIES
Our sites may use cookies to distinguish you from other users of our sites. This helps us to provide you with a good experience when you browse our sites and also allows us to improve our sites. By continuing to browse our sites, you are agreeing to our use of cookies. A cookie is a small file of letters and numbers that we store on your browser or the hard drive of your computer. Cookies contain information that is transferred to your computer's hard drive.
We use cookies that are required for the operation of our sites; to enable you to log into the secure area of our sites; that allow us to recognize and count the number of visitors of our websites and to see how they navigate our website while using it; to recognize you when you return to our sites in order to enable us to personalize our content for you and to record your visit to our sites, the pages you have visited and the links you have followed in order to make our sites more relevant to your interests.
You may block cookies by activating the setting on your browser that allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or parts of our site.
POP-UP ADVERTISEMENTS
When visiting our website, your web browser may produce pop-up advertisements. These advertisements are most likely produced by other web sites or by third party software installed on your computer. MEGHNA REALTY (Meghna Infracon Infrastructure Limited) does not endorse or recommend products or services for which visitor may view a pop-up advertisement on your computer screen while visiting its website.
YOUR RIGHTS
You have the right to ask us not to process your personal data for marketing purposes. Our sites may contain links to and from the websites of our partner networks, advertisers, and affiliates. If you follow a link, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.
CHANGES TO OUR PRIVACY POLICY
Any changes we may make to our privacy policy will be posted on this page and, where appropriate, notified to you by e-mail. Please check back frequently to see any updates or changes to our privacy policy.
GOVERNING LAW/JURISDICTION
Any dispute relating to, touching or in connection with the interpretation of any term(s) or condition(s) set out herein will be governed by laws of India and Courts in Mumbai will have the exclusive jurisdiction with respect to the same.
For all intents and purposes hereinafter, the term “website” shall refer to all websites and/or microsites in the domain of www.meghnarealty.com, but not third party websites. This website is the sole property of MEGHNA REALTY (Meghna Infracon Infrastructure Limited). The contents of this website, including but not limited to the text, content, information, graphics, logos, software, trademarks, plans, drawings, amenities, images, renders, specifications, photography etc. are the sole and exclusive property of MEGHNA REALTY (Meghna Infracon Infrastructure Limited) and protected by law and should not be copied, reproduced, published, republished, posted, transmitted or distributed in any way without express, advance and written consent from MEGHNA REALTY (Meghna Infracon Infrastructure Limited).
All the information and material provided on this website are solely illustrations and is not intended to and shall not be deemed to create any business, contractual obligation or employment relationship with MEGHNA REALTY (Meghna Infracon Infrastructure Limited). MEGHNA REALTY (Meghna Infracon Infrastructure Limited) does not guarantee the timeliness, completeness and performance of this website or any of the contents. MEGHNA REALTY (Meghna Infracon Infrastructure Limited) tries to ensure that all the contents featured on this website are correct at the time of publication and no responsibility is accepted by it for any errors, omissions or inaccurate contents on the website. MEGHNA REALTY (Meghna Infracon Infrastructure Limited) will not be liable for any loss or damage, financial or otherwise, including but not limited to actual, consequential, direct, exemplary, incidental, indirect, punitive or special damages as a result of using the information herein, nor does it guarantee the suitability or quality of any products or services featured herein.
MEGHNA REALTY (Meghna Infracon Infrastructure Limited) expressly disclaims all warranties of any kind whether express or implied including the warranties of merchantability and fitness for a particular purpose. MEGHNA REALTY (Meghna Infracon Infrastructure Limited) reserves the right, without any obligation whatsoever; to review, correct, remove or modify all or any content submitted herein. All plans, drawings, amenities, features, specifications other information etc., mentioned herein are indicative and/or suggestive of the kind of development proposed to be undertaken and are subject to the approval of the respective competent authority. All plans, renders and models displayed herein are artist's perceptions and must not be considered as actual buildings, flats, apartments, etc.
MEGHNA REALTY (Meghna Infracon Infrastructure Limited) reserves the right to make changes or alterations to the contents on this website at its own sole discretion without any obligations and/or any prior notice. All pricing displayed on this website are subject to change without notice. MEGHNA REALTY (Meghna Infracon Infrastructure Limited) also reserves the right to change the product specifications at any time without incurring any obligations.
While MEGHNA REALTY (Meghna Infracon Infrastructure Limited) strives to keep this website current, certain changes in the building industry, prices, specifications, availability or timelines may occur that may not be immediately reflected on this website. MEGHNA REALTY (Meghna Infracon Infrastructure Limited) also reserves the right to change the content, presentation, performance, user facilities and availability of any part of this website at its own sole discretion including these terms and conditions of use, which should be checked regularly for any and all changes. Any use of the information provided on this website, shall be at the user’s sole risk, cost and consequences.
