Yes, NRIs can freely invest in residential and commercial properties in Bengaluru under FEMA guidelines. Bengaluru is a popular choice for NRI investments due to its strong developer ecosystem, transparent RERA-registered projects, and high rental demand.
Is housing in Bengaluru expensive compared to other cities?
Compared to metros like Mumbai and Delhi, Bengaluru offers significantly better value — more space, better amenities, and lower prices per sq.ft. It is one of the most affordable quality housing destinations in the NCR and broader India.
What locality in Bengaluru is close to the airport and metro?
Bengaluru has localities that offer dual advantage of airport and metro proximity. These command a premium due to convenience for frequent travellers and strong rental demand from aviation and corporate professionals.
What types of residential properties are available in Bengaluru?
Bengaluru offers a diverse range of residential options including affordable 1BHK and 2BHK apartments, mid-segment 3BHK units, premium 4BHK high-rises, independent floors, builder floors, plotted developments, and luxury villas.
What are the tax benefits of buying property in Bengaluru?
Home buyers in Bengaluru can claim deductions under Section 80C (principal repayment up to ₹1.5 lakh), Section 24(b) (interest up to ₹2 lakh for self-occupied), and HRA if renting. First-time buyers may qualify for additional benefits.