Buying a 2 BHK in Andheri East as an NRI: Process, Taxes and Remote Purchase
Dasadia Editorial Team · Updated October 2026
Quick answer: yes, you can buy a 2 BHK in Andheri East as an NRI without RBI permission. Pay in rupees from an NRE, NRO or FCNR account or by direct inward remittance, deduct 1% TDS if the price is ₹50 lakh or more, and sign through a power of attorney if you can’t fly in. Most 2 BHKs of 600 sq ft or more listed between ₹1.5 crore and ₹2.5 crore in October 2026.
Stamp duty and registration come on top, and our stamp duty and registration breakdown covers every charge in detail.
Here is the process, the tax side and how to do it from abroad.
Key takeaways
- NRIs and OCI holders can buy residential property in India without prior RBI approval, but not farmland, plantations or farmhouses.
- Payments must come from an NRE, NRO or FCNR account or an inward remittance, never as foreign currency notes or traveller's cheques.
- Buying from a resident developer at ₹50 lakh or more means 1% TDS, filed on Form 141 from April 2026.
- A power of attorney signed abroad must be adjudicated in Maharashtra within three months of reaching India.
Can an NRI buy a 2 BHK in Andheri East? The rules in brief
Yes. Under FEMA, NRIs and OCI cardholders can buy residential or commercial property in India without prior approval from the RBI, and there is no limit on how many. The only exclusions are agricultural land, plantation property and farmhouses, which you can inherit but not buy.
The money trail is where most problems start. Every payment, including your home loan EMIs, has to go through an NRE, NRO or FCNR account in India or arrive as a direct remittance from a bank abroad. Cash above the threshold, traveller’s cheques and foreign currency notes are not allowed. This matters later as well, because it decides what you can send back. If you paid with foreign funds, sale proceeds can return abroad up to the amount you brought in, routed through your NRO account and within the USD 1 million a year limit, for a maximum of two residential properties. Pay any other way and the money can stay stuck in India.
Keep the bank’s remittance record for every single transfer.
You will also need a PAN, both for TDS and for any home loan.
Taxes and costs on a 2 BHK bought from abroad
TDS is the part NRI buyers most often get wrong. It isn’t an extra cost, since you deduct it from what you pay the seller and deposit it with the tax department. The rule depends on the seller’s status, not yours. Buy a new flat from a resident developer and you deduct 1% when the price is ₹50 lakh or more. From April 2026, under the Income-tax Act, 2025, that goes on Form 141, which replaced Form 26QB, within 30 days after the month of deduction, and no TAN is needed. A resale 2 BHK bought from another NRI works differently. TDS is then deducted at the rates in force on the seller’s gains under Section 393(2), Form 141 cannot be used, so agree the filing route with a chartered accountant. We cross-checked the Form 141 change against two 2026 tax guides, and both agree.
Buy new from a resident developer if you’re doing this remotely. The paperwork is lighter, and that counts for a lot when you can’t walk into a tax office yourself.
On a home loan, the RBI caps lending at 75% of the property value for loans above ₹75 lakh, so on a ₹2 crore flat at least ₹50 lakh comes from your own funds. The repo rate stood at 5.50% after the RBI’s 7 October 2026 review, so ask your lender for a current rate.
Buying remotely: power of attorney, registration and site checks
If you cannot be in Mumbai to register, a power of attorney lets someone sign for you. Sign it before a notary where you live, then get an apostille in Hague Convention countries or attestation at the Indian embassy or consulate elsewhere. Courier the original to India and keep a certified copy.
Once it lands, the clock starts. The PoA must be adjudicated and stamped at the Collector of Stamps within three months, and in Mumbai that office has been at the Old Custom House in Fort. A PoA in favour of a blood relative attracts ₹500 stamp duty. Give a non-relative the power to buy property and the duty can rise to conveyance level, about 5% in Mumbai. We’d name a parent or sibling where you can.
Check the project before you send a rupee. Search the MahaRERA number, the completion date and any extensions, using our guide to checking a MahaRERA registration. Ask the developer for a live video walkthrough, and have your attorney visit the site. If you are flying in for a short trip, the airport at Sahar is itself in Andheri East, so a site visit fits into a single day. Compare layouts on our 2 BHK flat page before you shortlist.
Bottom line: as an NRI, the 2 BHK itself is the easy part. Route every rupee through the right account, get TDS right for the seller you are buying from, and adjudicate your PoA on time, and the purchase works as smoothly from Dubai or London as from Mumbai.
Frequently asked questions
Yes. NRIs and OCI cardholders can buy residential property anywhere in India, including Andheri East, without prior RBI approval. They cannot buy agricultural land, plantation property or farmhouses. There is no limit on how many homes an NRI can buy.
Pay in rupees from an NRE, NRO or FCNR account, or by direct inward remittance from a bank abroad. Paying from NRE or FCNR funds, or by remittance, keeps the purchase eligible for later repatriation of sale proceeds within RBI limits.
Yes, the buyer deducts TDS whatever their residency. From a resident developer, it is 1% when the price is ₹50 lakh or more, filed on Form 141 from April 2026. Buying from an NRI seller means TDS at higher rates on their capital gains, filed through a different route.
No. A power of attorney, notarised and apostilled or attested abroad, lets a relative sign and register for you. It must be adjudicated at the Collector of Stamps in Maharashtra within three months of arriving in India.
Yes. Indian banks lend to NRIs much as they do to residents, often with video KYC. For loans above ₹75 lakh, the RBI caps lending at 75% of the property value. EMIs must be paid from an NRE or NRO account.
No. NRIs pay the same Mumbai stamp duty as residents, 6% including the 1% metro cess, or 5% for a woman buying alone. Registration is 1% of the value, capped at ₹30,000. Check current rates on IGR Maharashtra.
If you bought with foreign funds, you can repatriate up to the amount you brought in, through your NRO account, within USD 1 million per financial year, for up to two residential properties. Taxes must be cleared first.
You need a passport, PAN, OCI card if applicable, overseas address proof and NRE, NRO or FCNR account details. For a loan, add overseas income documents. If someone signs for you, add the adjudicated power of attorney.
Fact check
- NRIs and OCI holders can buy residential property in India without prior RBI approval, excluding agricultural land, plantations and farmhouses (Square Yards, July 2026).
- From FY 2026-27, TDS on property bought from a resident seller is reported on Form 141, which replaced Form 26QB (Piramal Realty, June 2026).
- A power of attorney executed abroad must be adjudicated in Maharashtra within three months of arriving in India (Piramal Realty, May 2026).
- The RBI raised the repo rate to 5.50% on 7 October 2026.
Sources and references
- Reserve Bank of India
- Income Tax Department, Form 141 FAQs
- IGR Maharashtra, stamp duty and registration
- MahaRERA, Government of Maharashtra
- Square Yards, how NRIs can buy property in India, 2026
- Piramal Realty, TDS on flat purchase in Mumbai, 2026
- Piramal Realty, power of attorney for NRIs buying in Mumbai
- TaxHeal, TDS on property bought from an NRI from April 2026
This guide summarises FEMA, TDS and stamp duty rules as published in sources dated May to October 2026, under the new Income-tax Act, 2025. Rules for NRIs change, and your own residency, funds and seller decide what applies, so confirm with a chartered accountant and a property lawyer before you pay or sign.
Looking at a 2 BHK in Andheri East from abroad?
Explore 153 East by Dasadia Developers LLP, a freehold residential address in J.B. Nagar, Andheri East. Our team can share the brochure and a video walkthrough over WhatsApp, whichever time zone you’re in. Ask for the brochure with floor plans and amenities, or book a site visit.
MahaRERA registration no. PR1180002502968, verifiable on the MahaRERA portal. Compare it with other options in our guide to the best residential projects in Andheri East.
