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NRI Corner

Be a part of the India growth story with one of Pune’s leading real estate developers who have set benchmarks for the entire sector.

MANTRA PROPERTIES

We build projects that attract a premium value right from the point we begin work. Our Mantra of continuous innovation allows us to build intelligent living spaces that defy market downturns and stay valuable for the foreseeable future.

The Mantra Difference

Mantra has created a name for itself as one of the leading real estate developers in Pune.

With a commitment to on-time delivery of projects and a focus on quality, and has set the path for the rest of the real estate sector to follow. Mantra identifies locations that have a huge growth potential in line with proximity to business and industrial zones and with connectivity improvements will keep evolving further in the years to come.
Our projects are designed to achieve a high value from the start. We constantly innovate to create smart living spaces that withstand market fluctuations and remain desirable for the long term.
12

Delivered Projects in Pune & PCMC

100

Lakh Sq.ft. Under construction

18

Projects Under Development

17

Years in Realty Experience

Mantra has created a name for itself as one of the leading real estate developers in Pune.
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Frequently Asked Question

At Mantra Properties, we uphold the principles of community development, firmly rooted in the brief that joy flourishes through sharing. This ethos drives our commitment to offer

1. Do non–resident Indian nationals require permission of the Reserve Bank to acquire residential/Commercial property in India?

No permission is required by non-resident Indian nationals to acquire immovable property in India.

2. Are Foreign Nationals of Indian origin allowed to purchase immovable property in India?

Yes, Foreign nationals of Indian origin, whether resident in India or abroad, have been granted general permission to purchase immovable property in India.

3. What should be the method of payment for purchasing residential immovable property in India by Foreign Nationals of Indian origin under the general permission?

The purchase consideration should be met either out of inward remittances in foreign exchange through normal banking channels or out of funds from NRE/FCNR accounts maintained with banks in India.

4. For Non-resident Indians staying abroad, can the property be purchased through an agent or through power of attorney?

Non-resident Indians who are staying abroad may enter into an agreement through their relatives and/or by executing the Power of Attorney in their favour as it is not possible for them to be present for completing the formalities of purchase (negotiating with the builder or Developer, drafting and signing of agreements, taking possessions, etc) These formalities can be completed through some known person who can be given the Power of Attorney for this purpose. Power of Attorney should be executed on the stamp paper before the proper authorities in foreign countries. Power of Attorney cannot be drafted on the stamp paper bought in India.

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