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NRI Investor — Skytech Group
Skytech Colours Avenue
Home/Buyer's Guide/NRI Investor

Bridging opportunities,
building futures.

Skytech Group welcomes NRI investors — with transparent, RERA-registered projects in the Noida–Greater Noida region and a team that's easy to reach from anywhere.

Experience
20+ Years
Projects
50+ Delivered
Now Launching
Colours Avenue
Regulation
RERA Registered
Welcome

Skytech Group welcomes NRI investors.

Growth has always been at the heart of who we are — together with a commitment to homes that families are proud to return to.

India has become an attractive destination for overseas Indians looking to invest — thanks to well-planned townships and major infrastructure across its cities and their satellite regions.

India is also the world's largest recipient of remittances, and a meaningful share of that money flows into real estate: a regulated, tangible asset with a deep personal connection for many families abroad.

This page explains why NRIs consider Indian property, what to weigh before investing, and how Skytech can help. For the rules on accounts, payments and repatriation, see our NRI Corner guide.

The India Opportunity

Why NRIs look to India.

Four reasons overseas Indians consider property back home.

01

Infrastructure-Led Growth

New metro lines, expressways and the airport at Jewar are reshaping the Noida–Greater Noida region and the demand around it.

02

Regulated by RERA

Since 2017, RERA has required project registration, approved plans and a dedicated project account for 70% of buyer funds — vital protection when you're buying from abroad.

03

Currency Perspective

Earning in a stronger currency can make saving for a down payment easier. But exchange rates move both ways — a weaker rupee later means sale proceeds convert to less foreign currency.

04

Family & Home

For many NRIs, a home in India is as much about family as finance — a home for parents, a future base, or something to pass on.

Down-Payment Planner

How soon could you save for a home?

Enter your monthly savings in your local currency and today's exchange rate to see how long it could take to build your down payment.

Use the current rate from your bank or remittance provider. This is a simple estimate — it doesn't include interest, fees or future exchange-rate changes.

Estimated time to save
—
Enter your savings and today's exchange rate above
Why Skytech

Why NRI buyers consider Skytech.

What you can expect when you buy with us from overseas.

01

RERA Registered

Skytech Colours Avenue is registered with UP RERA (UPRERAPRJ6664). Verify any project on the UP RERA website before booking.

02

Decades of Delivery

Led by a founder with more than two decades in real estate and 50+ residential and commercial projects completed.

03

Remote Walkthroughs

Our team can walk you through projects on video calls and share plans, specifications and construction photos.

04

Construction Updates

Site photographs for projects under construction are published on our Construction Updates page.

05

Lender Associations

Our projects are associated with leading banks and housing finance companies — we can share details to help you compare.

06

Easy to Reach

Talk to our team by phone, email or WhatsApp, at a time that suits your time zone.

Opportunities

Skytech projects for NRI buyers.

One project now launching and one ready to move — plus completed communities where homes may come up for resale.

Completed Communities

Resale homes may be available in Skytech Residency Vaishali, Skytech Magadh (Vaishali) and Merion Residency I & II (Crossing Republik) — established neighbourhoods with existing rental demand.

Ask About Resale
Invest With Open Eyes

Six things to weigh first.

Every investment has trade-offs — here are the main ones for NRI property buyers.

01

Currency risk

If the rupee weakens, your rupee gains are worth less when converted back — and the reverse if it strengthens.

02

Liquidity

Property can take time to sell, and selling costs and taxes reduce net proceeds.

03

Ongoing costs

Maintenance, property tax, vacancy periods and managing tenants from abroad all add up.

04

Taxes in two countries

Rental income and gains are taxable in India; your country of residence may tax them too. Check treaty (DTAA) relief.

05

Construction timelines

For under-construction homes, check RERA registration, the stated completion date and the developer's track record.

06

Paperwork from abroad

A well-drafted Power of Attorney and a trusted representative in India make remote buying much smoother.

FAQs

NRI investor questions, plainly answered.

Common questions from overseas Indians considering Skytech.

For general information only. Please consult a qualified CA or lawyer about your situation and country of residence.
Yes, in most cases. Our team can share video walkthroughs and documents remotely, and a registered Power of Attorney lets a trusted person in India sign, register and take possession on your behalf. Please take legal advice on the POA.
Earning in a stronger currency can make it quicker to save for a down payment. When you sell, though, your rupee proceeds are converted at the rate prevailing then — if the rupee has weakened, you'll receive less foreign currency. Currency movements can work for or against you.
Rents depend on the location, configuration, condition and market at the time. Our team can share indicative rental levels for the area. Rent is credited to your NRO account, and the tenant generally deducts TDS — treaty benefits may reduce your final tax.
Check that the project is RERA-registered — Skytech Colours Avenue is registered as UPRERAPRJ6664. Under RERA, 70% of buyer funds must be kept in a project account used for that project's construction and land costs. Also review the completion date, the builder–buyer agreement and published construction updates.
You can sell to a resident or another NRI without RBI permission. Sale proceeds up to the amount you originally paid from abroad or from NRE/FCNR funds can be repatriated, for up to two residential properties. The remainder goes to your NRO account, from which you can remit up to USD 1 million a year after taxes. The buyer must deduct TDS on the sale.
Yes. Banks and housing finance companies offer NRI home loans within RBI loan-to-value limits, with EMIs paid through inward remittances or your NRE, NRO or FCNR account. Our team can share details of lenders associated with our projects.

Ready to make India
your investment?

Schedule a call, request a video walkthrough or register your interest — our team will get back to you.

This page is general information, not investment, legal or tax advice. Property values, rents and exchange rates can rise or fall, and past trends do not guarantee future returns. Please verify project details on the UP RERA website and consult qualified professionals before investing.