NRI buying a Bangalore apartment in 2026: documentation, FEMA, and tax
As of April 2026, an NRI selling a Bangalore apartment can repatriate up to USD 1 million per financial year out of NRO funds. The chain of documentation including Form 15CA, 15CB, TDS certificate and registered sale deed takes 3 to 10 working days at the authorised dealer bank, and a single PAN-OCI mismatch can freeze the transfer. This piece walks through the FEMA framework, the TDS regimes, the LTCG math post 23 July 2024, and the Bangalore-specific verification stack for NRI buyers in 2026.