NRI INVESTOR

LUXURIOUS HOMES

Are you an NRI seeking a trusted partner for real estate investments in India? Look no further than Pristine, where we understand your concerns and prioritize your trust.

With a rich legacy from 1985, Pristine has consistently been a beacon of excellence in Pune's real estate sector. Under the visionary leadership of Managing Director Pritam Goyal, we have completed over 9 million square feet of meticulously designed developments, redefining urban living with a commitment that spans nearly four decades.

Join us on a journey of prosperity, where your investment is not just in bricks and mortar but in a legacy of excellence and trust.

LUXURIOUS HOMES

A Thriving Business & Lifestyle Hub

Recognized as one of India's prime real estate hubs, Pune boasts a diverse portfolio, including high-end residences, flourishing IT parks, multinational corporations, and promising startups. Its initial reputation as the 'IT city' has evolved into a multifaceted landscape, with MNCs spanning various sectors such as automotive, information technology, biotech, FMCG, and food, contributing to the city's sustained growth.

Seamless Connectivity & Infrastructure Growth

Pune’s urban expansion is driven by major infrastructure developments that enhance connectivity and real estate growth. The Pune International Airport, located just minutes from Viman Nagar, ensures seamless global access, making it ideal for NRIs and business travelers. The Pune Metro is transforming intra-city travel, improving accessibility and boosting property demand. Additionally, the Pune-Mumbai Expressway provides effortless connectivity to Mumbai, strengthening the region’s economic ties. With expanding road networks and Smart City initiatives, Pune continues to experience rapid urban development, increasing its appeal as a premium real estate investment destination.

Proximity to Mumbai – India’s Financial Capital

A compelling aspect that draws investors to Pune is its strategic proximity to Mumbai. Over the past decade, individuals, families, and corporations have increasingly sought property investments in Pune due to its close ties with Mumbai. The robust demand for commercial projects in Pune, driven by the industrial, manufacturing, and IT sectors, is further accentuated by the seamless connectivity offered by the Pune-Mumbai Expressway. This has solidified the notion of a 'Pune-Mumbai Twin City' and contributed to the city's overall economic vibrancy.

Smart City Development & Quality Living

Pune's inclusion in India's ambitious 'Smart Cities' project underscores its commitment to comprehensive infrastructure development. The city boasts top-notch social infrastructure, renowned educational institutions, and excellent connectivity to major urban centers. For investors looking to capitalize on their hard-earned money, Pune emerges as the ideal choice, with sought-after residential properties, commercial offices, and retail spaces contributing to its thriving real estate market.

Can NRIs invest in Pristine Kyra?

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Yes, NRIs (Non-Resident Indians) can invest in Pristine Kyra. The process is seamless, and we provide assistance throughout the buying process, from documentation to legal support.

What are the legal requirements for NRIs to purchase property in India?

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NRIs are allowed to purchase residential property in India under the Foreign Exchange Management Act (FEMA). You can buy property without any special permissions, provided the transaction is made in Indian Rupees through an NRE/NRO account.

Can NRIs apply for home loans to buy property at Pristine Kyra?

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Yes, NRIs can apply for home loans through leading banks and financial institutions in India. We can help facilitate the process with our banking partners for a smooth experience.

How is the payment process handled for NRIs?

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NRIs must make payments in Indian Rupees through their NRE (Non-Resident External) or NRO (Non-Resident Ordinary) bank accounts. All transactions must comply with FEMA regulations.

What is the tax implication for NRIs buying property in India?

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NRIs are subject to the same taxation as resident Indians, including stamp duty, registration fees, and property taxes. Additionally, if you sell the property, capital gains tax will apply.

How can NRIs manage their property in India if they are not residing here?

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You can either appoint a Power of Attorney (PoA) to handle your property transactions or opt for property management services to maintain and manage your apartment in your absence.

Are there any special amenities at Pristine Kyra that appeal to NRIs?

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Pristine Kyra is designed with global standards in mind. Amenities like the bowling alley, golf simulator, music room, and proximity to international schools and the airport are ideal for NRIs looking for a luxurious and convenient lifestyle.

How close is Pristine Kyra to international travel hubs?

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The project is located in Viman Nagar, just 5-10 minutes from Pune International Airport, making it ideal for frequent international travelers.

What are the advantages of investing in Pristine Kyra for NRIs?

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Pristine Kyra provides NRIs an opportunity to invest in one of Pune's most exclusive locations. With high growth potential in Viman Nagar, it's an excellent option for both personal use and as an investment property.

Can NRIs repatriate the funds after selling the property?

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Yes, NRIs can repatriate the sale proceeds, provided the transaction complies with FEMA guidelines. The amount must not exceed the initial purchase cost if funded through an NRE account.

Property Taxes: What taxes apply when buying property in Pune?

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Property taxes in Pune include Stamp Duty, Property Tax, and Goods and Services Tax (GST)

How can I save on taxes while investing in real estate?

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To save on taxes:
Claim home loan interest deductions.
Invest in Section 80C instruments.
Consider joint ownership benefits.

What’s the impact of GST on real estate transactions?

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GST applies to under-construction properties in Pune.

What tax benefits exist for first-time homebuyers?

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First-time buyers can avail of additional deductions under Section 80EEA.

How does property ownership affect my income tax liability?

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Property ownership impacts rental income and home loan interest deductions.

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