Godrej Verano Sector 63A
Ultra-luxury residential enclave on Golf Course Extension Road with private bay views and certified HRERA filings.
View Project Audit & Cost Sheet →Gurgaon Real Estate Authority for Non-Resident Indians
A factual, verified orientation for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) researching residential real estate in Gurugram, Haryana. Connect directly into SPY Realtors' knowledge system: statutory Haryana RERA records, micro-market infrastructure, verified promoter track records, and governing regulatory frameworks.
Why Gurgaon is Relevant to NRI Property Research
- Global Corporate Hub: Regional headquarters for over 250 Fortune 500 corporations across DLF Cyber City and Golf Course Road, generating sustained corporate executive leasing demand.
- Direct Airport Connectivity: Seamless transit to Terminal 3 of Indira Gandhi International Airport (DEL) via NH-48 and Dwarka Expressway within 15–30 minutes.
- Tier-1 Listed Promoters: Tracked portfolios from institutional developers including DLF Limited, Godrej Properties, Sobha Limited, and Conscient Infrastructure.
- Statutory HRERA Oversight: Governed under Haryana Real Estate Regulatory Authority (HRERA Gurugram) ensuring transparent public registries, quarterly progress reports, and dedicated project escrow accounts.
5-Step Project Research Framework for NRI Buyers
- HRERA Registration Verification: Confirm valid RERA registration number issued by HRERA Gurugram on the official portal at haryanarera.gov.in.
- Sanctioned Plans & Clearances: Verify approved building layout plans, tower counts, environmental clearance (EC), and Town & Country Planning (DTCP) licences.
- Statutory Escrow Compliance: Confirm adherence to RERA Section 4(2)(l)(D) requiring 70% of collections to be maintained in designated bank accounts.
- Micro-Market Infrastructure: Assess arterial access corridors (Dwarka Expressway, Golf Course Road, SPR), master stormwater drainage, and civic utilities.
- Promoter Historical Deliveries: Review promoter delivery track record, historical handover timelines, and public litigation records.
Tracked Projects in Gurgaon
Lodha Developers Limited (Macrotech)
Lodha Golf Course Road
📍 Sector 28, Golf Course Road, Gurugram
Price Guidance: Price on Request
HRERA: GGM/1090/822/2026/62
Godrej Properties Limited
Godrej Samaris
📍 Sector 53, Golf Course Road, Gurugram
Price Guidance: ₹ 9.39 Cr Onwards
HRERA: GGM/1059/791/2026/31
Oberoi Realty Limited
Three Sixty North
📍 Sector 58, Golf Course Extension Road, Gurugram
Price Guidance: ₹ 14.5 Cr Onwards
HRERA: GGM/1069/801/2026/41
Godrej Properties Limited
Godrej Verano
📍 Sector 63A, Golf Course Extension Road, Gurugram
Price Guidance: ₹ 5.91 Cr Onwards
HRERA: GGM/1081/813/2026/53
Sobha Limited
Sobha Crescent Phase 1
📍 Sector 63A, Golf Course Extension Road, Gurugram
Price Guidance: ₹ 4.8 Cr Onwards
HRERA: GGM/1054/786/2026/26
Emaar India Limited
Marbella Terraces
📍 Sector 66, Golf Course Extension Road, Gurugram
Price Guidance: ₹ 6.5 Cr Onwards
HRERA: GGM/1068/800/2026/40
Anant Raj Limited
The Estate One
📍 Sector 63A, Golf Course Extension, Gurugram
Price Guidance: ₹ 3.9 Cr Onwards
HRERA: GGM/1084/816/2026/56
Puri Construction PVT LTD
Puri Aerosphere
📍 Sector 111, Dwarka Expressway (Delhi Border)
Price Guidance: ₹ 1.8 Cr Onwards
HRERA: GGM/1085/817/2026/57
Factual Considerations for NRI Property Research
1. Immovable Property Acquisition Framework (RBI FEMA 21(R))
Under Reserve Bank of India Notification No. FEMA 21(R)/2018-RB, NRIs and OCIs have general permission to purchase residential and commercial property in India. Agricultural land, farmhouses, and plantation properties are strictly prohibited without prior RBI approval.
2. Permissible Banking Channels
Payments must be made through normal banking channels via inward foreign remittance, or debited to NRE, FCNR(B), or NRO accounts held in India per RBI Master Directions.
3. TDS Compliance (Income-tax Act, 1961 Section 195)
On property sales by an NRI seller, the buyer must deduct TDS under Section 195 unless a Lower or Nil Tax Deduction Certificate is issued by the Income Tax Department under Section 197.
4. Capital Repatriation (Form 15CA & 15CB)
Sale proceeds of residential property acquired through foreign inward remittances are repatriable up to the amount remitted. Up to USD 1,000,000 per financial year can be repatriated from NRO accounts subject to Form 15CA/15CB tax compliance.
5. Power of Attorney (PoA) Remote Execution
Remote execution of documents can be performed through a Special Power of Attorney attested at the Indian Embassy or Consulate abroad and subsequently stamped at the jurisdictional Sub-Registrar in India.
6. Statutory Escrow Account Safeguards (RERA 2016 Section 4)
Mandates 70% of buyer collections to be deposited in a designated scheduled bank account used exclusively for construction and land expenditures.