We are updating our website to comply with the (RERA) Real Estate (Regulation and Development) Act, 2016 and the rules and regulations set out which came into effect on May 1, 2017. While the Company takes sufficient care to ensure that the information on the site is up-to-date and accurate, we urge readers to make their independent enquiry before relying on it.
This website is for providing guidance on our product. This is not an offer or contract. Design and specifications are subject to change without notice. The computer-generated images are the artist’s impressions are an indicative of the actual designs. In addition, the actual design and construction may vary in terms of fit and finish compared to those found in the information and materials posted on this site.
By accessing and browsing Amarprakash website or by using or downloading any content from it, you agree and accept the Terms of Use described below. The Company reserves the right to add, change or delete materials of the website at any time, and may revise these terms without notice. The website contents are intended to inform readers about ourselves, including our various projects, initiatives, CSR activities, etc. No images, materials, projections, details or any other descriptions available or displayed on the website shall be deemed to makeup advertisements, solicitations, marketing, an offer to sell, an invitation to offer or an invitation to gain property.
They are only general information and are subject to change. By no effort of imagination, the information on the website shall be interpreted as an advertisement and / or an invitation or an offer for sale. Therefore, you are required to make independent enquiries to verify all details including, but not limited to area, amenities, services, and terms of sale, payments and other relevant conditions before taking any decision to buy a unit’s from any of our projects. Until the details are fully updated, such information shall not be construed as an advertisement.
They are only general information and are subject to change. By no effort of imagination, the information on the website shall be interpreted as an advertisement and / or an invitation or an offer for sale. Therefore, you are required to make independent enquiries to verify all details including, but not limited to area, amenities, services, and terms of sale, payments and other relevant conditions before taking any decision to buy a unit’s from any of our projects. Until the details are fully updated, such information shall not be construed as an advertisement.
To learn more about projects / developments, please call +044 4000 5000 or visit our head office / sales office during working hours and contact an authorized Amarprakash sales representative.
Non-resident Indians holding Indian passport do not require any permission from RBI
for acquiring Immovable Property for bonafide residential purposes as section 31 of FERA 1973 is not applicable to them. Non-resident Indians holding Indian passport may pay the purchase consideration
either by remittance of funds from abroad through normal banking channels or out of NRO Account or out of NRE Account or out of
FCNR Account. RBI has granted General Permission to Non-resident Indians holding Foreign Passport
(i.e. Foreign Citizens of Indian Origin) to acquire, hold, transfer or dispose off by way of sale or inheritance immovable
properties situated in India provided:
The property is for the Purchaser's bonafide residential purpose. The purchase consideration is met either by remittance of funds from
abroad through normal banking channels or out of NRE/FCNR Account or out of FCNR Special Deposit Account. Foreign citizens of Indian origin are however required to declare the properties to
RBI within a period of 90 days from the date of purchase in Form IPI 17. The following documents must be submitted along with the
declaration.
A certified copy of the purchase deed or a certificate from the
Co-operative Housing Society or an Association of the apartment owners as evidence of transfer / registration of the
property in the declarant's name. Certificate from the declarant's bankers in India evidencing receipt of
inward remittance(s) in foreign exchange through normal banking channel or withdrawal of funds from the declarant's
NRE/FCNR account/ FCNR Special Deposit Account and payment of consideration for the property out of those funds. Where a Foreign Citizen of Indian origin wishes to acquire a property, out of funds
held in NRO Account then the permission from RBI will be required which can be applied for in Form IPI 1. Where a Foreign Citizen of Indian origin wishes to acquire a property from the sale
proceeds of another property, prior permission of RBI is essential and may be obtained by applying in Form IPI1. Any number of properties can be acquired by non-resident Indians regardless of
whether they are holding Indian passport provided they are required for bonafide residential purposes. The purchase consideration is met out of funds remitted from overseas The property is acquired for bonafide residential use The foreign National of Non-Indian origin undertakes not to repatriate the sale
proceeds