Land is the place where there are more probabilities for encroachment when it is unattended for a longer time. We realize that, being an NRI, it can be even more difficult for you to manage the things here from there regarding the illegal occupation unlawful acts and many more on your plots.
Forget about the pain of selling your properties and leave all the worries with us. We find them for you with all your requisites met.
Property management
We know it's painful for you to leave your plot here, but you need to go back to abroad. Take no more struggles to find a broker and to maintain the plot. Affinity properties take care of your property as the way you wanted.
Sale assistance
No more headaches to sell plots even if you are abroad, because we are here to help you. Our team will bring the best client for you and we take care of all the paper works with utmost legal compliance.
Location
A green rich property which is just 15 minutes away from Bangalore International Airport with advanced infrastructure and parallel to the smooth highway. Easy accessibility to the central towns such as Hoskote, H- cross, Narasapura and Kolar.
Loans
Quick and easy financial support from the nationalized banks- HDFC and ICICI
Our oneness
- Land price update in every quarter
- Soft copy maintenance of the related land papers and submission to the land owners when required
- Single point of contact and always available to the plot owners
A Non Resident Indian can buy any immovable property other than agricultural land, farm house and plantation in India. There is no difficulty for them to avail Home Loan to purchase a property as well. If the person is living not in a country with a negative profile in the database of the Bank, then there is not much complications to get Home Loan.
Your Probability of getting loan:
- Though the educational Qualification is not a constraint, the NRI must be a graduate
- Many of the Banks specify that the NRI should have an annual income of $ 42, 000 (USA) and AED 84,000 (GCC) for salaried employees and for self- employed. This yard stick may vary from bank to bank
- You may not apply for the loan if you are above 60 or below 25
- NRIs need to submit additional documents like copy of the passport, a copy of the works contract.
- A Resident can pay through postdated cheques or through savings bank account. NRIs shall repay the loan through Non Resident External (NRE) or Non Resident Ordinary (NRO) account cheques only.
- NRIs loan term is 180 months maximum unlike resident Indians. Maximum term for NRI home loans varies from bank to bank.
- NRIs not based in India and they may not be in position to sign on all papers and enter in to agreements for the purchase of properties. So, they need to submit a power of attorney to get a housing loan.
Present job profile, Educational and professional qualifications, experience, probability of continued stay in abroad till the loan repayment is taken into account.
- Visa stamped on passport
- Copy of the employment contract
- If the contract is in any language other than English, the same has to be translated into English and counter signed by the employer/Indian Embassy.
- Latest salary slips (Certified) for the past 6 months.
- Identity card issued by the present employer.
- Continuous discharge certificate (if applicable)
- Latest work permit.
- If you are working in merchant navy, contract slip with income details.
- Copy of the local income tax returns.
- Non Resident External (NRE), FCNR, NRO and International account passbook sheets.
- Overseas Bank account statement for the past six months.
- Bio data details about educational qualifications, age, job experience and profession/business with proof.
- Power of attorney in favour of local representative in India.
- Title deeds of the land owner for a period of last 13 Years
- An Encumbrance Certificate (EC issued by the concerned sub registrar) for the past 13 years.
- Khasra Pahani (a document indicating ownership of property as entered by the revenue authorities)
- A sanctioned layout plan.
In case, if you are in India, the Power of Attorney can be locally notarized. Normally Wife, Husband, Father, Mother, Brother, Sister can be given the power of attorney. The power of attorney holder does not have the power of dealing with the property. He or she gets the powers that you clearly mentioned in the power of attorney.
- Passport size photograph.
- Copy of your passport, PAN card, Driving License, SSC – School leaving certificate, Birth Certificate, LIC Policy.
- Bankers sign verification.