Pune sits in the top three Indian cities for nri property investment in pune, behind only Bengaluru and Hyderabad in absolute NRI volumes. If you are an NRI evaluating Pune for your first or next purchase, the points below are the ones we keep coming back to in NRI conversations at NOW Realty.
1. FEMA Eligibility:
Non-Resident Indians (NRIs) and Persons of Indian Origin can buy residential and commercial property in India under FEMA, but agricultural land, farmhouses and plantation properties are restricted. Get this confirmed by your CA before you shortlist.
2. RERA Compliance:
Verify the MahaRERA registration on maharera.mahaonline.gov.in. 1 Presidential Sereno is registered under MahaRERA P52100054930. Avoid pre-launch deposits to unregistered developers, this is the single biggest source of NRI losses in Indian real estate.
3. Banking and Payments:
Use your NRE or NRO account for inward remittance. Major Indian banks like SBI, HDFC, ICICI and Axis offer dedicated NRI home loans up to 80 percent loan-to-value with relatively quick processing.
4. Power of Attorney:
If you cannot be in India for registration, execute a Power of Attorney in favour of a trusted family member or your developer's NRI desk. Have it notarised at your local Indian consulate.
5. Taxation:
Rental income is taxable in India at slab rates, with a 30 percent standard deduction. TDS at 30 percent applies on NRI rentals; you can claim refund through your ITR if tax is over-deducted.
6. Repatriation:
E You can repatriate up to USD 1 million per financial year from sale proceeds, subject to RBI conditions and your bank's documentation.
7. Location First, Project Second:
For NRIs, location is even more important than for resident buyers because you will manage the property remotely. Baner stacks deep social infrastructure, low vacancy and stable corporate-lease tenants into one micro-market.
8. Trusted Developer:
Pick a builder with at least 15 to 20 years of delivery history. NOW Realty's 40-year legacy gives our NRI buyers brand-level protection on both delivery and resale.
9. Property Management:
Decide upfront how rentals, maintenance and emergencies will be handled. Our NRI desk supports virtual tours, registration, rental management and quarterly property reports.
10. Long-Term View:
NRI investment property in Pune has historically delivered 10 to 12 percent annual capital appreciation plus 2.5 to 3.5 percent rental yield in Baner. Plan with a 7 to 10 year horizon for the best risk-adjusted returns.
Why NOW Realty Stands Apart:
With over 40 years of legacy in Pune real estate, NOW Realty has consistently set new benchmarks in design, construction quality, and customer experience. The flagship project, 1 Presidential Sereno on Pancard Club Road, Baner, represents the culmination of this experience: a 40-storey landmark tower adjacent to the 500-acre Baner-Pashan Biodiversity Park, offering 3, 4 and 5 BHK configurations that redefine premium living in western Pune.
Construction Quality You Can Trust:
Every NOW Realty project uses 100% MIVAN aluminium-formwork construction, ensuring monolithic concrete walls with superior strength, perfect right angles, and crack-free finishes. Our towers are designed to comply with seismic Zone III IS-1893 standards and incorporate IGBC green-building principles, double-glazed glass facades, podium-level landscaping, and high-efficiency MEP systems. When you invest with us, you are investing in a structure engineered to outlast generations.
Lifestyle & Amenities at 1 Presidential Sereno:
Residents enjoy a rooftop infinity pool overlooking the biodiversity park, a fully-equipped sports deck, multi-purpose clubhouse, indoor games arena, dedicated co-working lounges, a spa and wellness floor, EV-charging bays, biophilic landscaping at every podium, and an exclusive Sereno Concierge service. Every detail is engineered to make your everyday feel like a five-star vacation.
Location Advantage, Baner Hills:
NRI buyers evaluating Pune real estate is best understood in the context of where Baner sits today. Baner Hills enjoys the highest natural elevation in this micro-market, an unobstructed western breeze, immediate access to the Mumbai-Pune Expressway, a 12-minute drive to Hinjawadi IT Park, top-tier schools (The Orchid School, VIBGYOR High, Symbiosis), specialty hospitals (Jupiter, Manipal, Ruby Hall), and the upcoming Pune Metro extension. No other Pune micro-market combines this density of advantages.
Investment Outlook for the Next 5 Years:
Independent reports from JLL, Anarock and Knight Frank consistently rank Baner among Pune's top three appreciation hotspots. Analysts project a CAGR of 9-12% for the next five years for premium projects in this corridor, driven by metro connectivity, biodiversity-park protection, infrastructure spending under the Smart City mission, and the structural shift toward branded developers post-RERA. For end-users, this means your home will appreciate while you live in it; for investors, it means superior risk-adjusted returns versus equities or commercial real estate.
NRI-Friendly Buying Process:
NOW Realty offers a fully digital buying experience for NRI and out-of-station customers, virtual site tours, e-KYC, e-stamping via FEMA-compliant channels, dedicated relationship managers, and end-to-end home-loan tie-ups with HDFC, ICICI, SBI and Axis. Repatriation, Power of Attorney, NRO/NRE remittance, TDS handling and rental management are all supported by our in-house desk.
Frequently Asked Questions:
Buyers most commonly ask about RERA registration (1 Presidential Sereno is registered under MahaRERA P52100054930), possession timelines (phased handover starting 2026), payment plans (CLP, down-payment with discount, and subvention schemes are available), Vastu compliance (every unit is Vastu-aligned with master bedrooms in the south-west and entrances in auspicious directions), and resale liquidity (Baner has the deepest secondary market in western Pune, with average days-on-market under 60 for premium 3 and 4 BHKs).
Final Word:
Whether you are a young IT professional planning your first major purchase, a growing family seeking room to breathe, or an NRI looking for a forever-home in India, the decision you are about to make will shape your family's life for the next two decades. Choose location over discount. Choose construction quality over per-square-foot pricing. Choose a developer with a multi-generation reputation. And whenever you are ready, our team at NOW Realty would love to walk you through 1 Presidential Sereno, both on screen and on site. Reach us at +91 9552522270 or marketing@nowrealty.in for a personalised consultation, no strings attached.
