The NRI buying guide for Brigade Granada step by step 2026 helps non-resident Indians buy a home in East Bengaluru without any confusion. This project sits on the popular Whitefield–Hoskote Road, offering modern 2.5, 3, and 4 BHK flats starting from ₹1.45 Crore. Many NRIs find Indian real estate rules tricky, especially around RBI norms, foreign exchange laws (FEMA), bank accounts, Power of Attorney (POA), and tax deductions like TDS under Section 195. This simple guide breaks down the full property buying process so you can make a safe and profitable investment from anywhere in the world.
East Bengaluru is one of the best places to invest in real estate today. Brigade Granada spreads across 20 acres, and 80% of the land is kept open for parks and greenery. It gives you a calm life while staying right next to major IT hubs like ITPL, Whitefield, and Kadugodi, which makes it very easy to find good tenants.
| Property Metric | Details |
|---|---|
| Location | Whitefield–Hoskote Road, East Bengaluru |
| Land Area | 20.19 Acres (80% Open Space) |
| Flats Available | 2.5, 3, and 4 BHK Apartments |
| Flat Sizes | 1,200 sq. ft. to 2,800 sq. ft. |
| Pre-Launch Price (2026) | Around ₹12,083 per sq. ft. |
| Starting Price | ₹1.45 Crore onwards |
(Data source: Builder details & 2026 East Bengaluru market updates).
Before sending any money, always verify the legal details:
NRIs must use official bank accounts to transfer money for property purchases:
To lock in a good flat on your preferred floor during the pre-launch phase:
If you cannot come to Bengaluru to sign the house papers:
Top Indian banks like SBI, HDFC Bank, and ICICI Bank give home loans to NRIs for up to 80% of the flat price:
| Flat Type | Size Range | Starting Price | Best Suited For |
|---|---|---|---|
| 2.5 BHK | 1,200 – 1,400 sq. ft. | ₹1.45 Cr onwards | Small families & tech workers |
| 3 BHK Premium | 1,600 – 1,950 sq. ft. | ₹2.00 Cr – ₹2.60 Cr | Growing families looking for space |
| 4 BHK Luxury | 2,200 – 2,800 sq. ft. | ₹2.70 Cr – ₹3.15 Cr | Large families wanting luxury living |
Important Rule: Always send property payments through proper banking channels (NRE/NRO accounts or wire transfers). Never use cash or untraceable ways to buy property in India.
Yes, you can buy a flat completely online. You can choose your unit, verify documents digitally, and assign a family member in India using a Power of Attorney (POA) to sign the final papers for you.
You can make payments using an NRE account, an NRO account, or by wiring funds directly from your foreign bank account to the developer's bank account.
No, a POA is not mandatory if you plan to visit Bengaluru in person to sign the purchase agreement. However, if you are managing everything from overseas, a POA makes the process simple.
No, the RBI gives automatic permission to NRIs and OCIs to buy residential apartments in India. You do not need special approval beforehand.
Yes, major Indian banks like SBI, HDFC, and ICICI offer home loans to NRIs. They usually cover up to 75% to 80% of the cost, depending on your salary and credit history.
For properties costing over ₹50 Lakhs, the buyer must deduct 1% TDS from each payment installment and deposit it online with the Indian Income Tax Department using the builder's PAN.
Prices start at ₹1.45 Crore for 2.5 BHK units. The booking token amount ranges between ₹9 Lakhs and ₹15 Lakhs depending on the size of the flat you choose.
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