Buyer Guide
A GIFT City property guide for NRI buyers.
Remote buying works best when eligibility, unit verification, payments, registration, handover and ongoing management follow a documented process.
Shivalik Presente brings this buyer context together with its limited riverfront collection in GIFT City.
Clarify purpose and ownership structure
Define whether the residence is intended for family use, future occupation, rental or long-term holding. Discuss citizenship, residential status, co-ownership and estate-planning considerations with qualified advisers familiar with India and the buyer’s country of residence.
Rules and tax outcomes depend on individual facts and can change, so use current professional advice rather than treating a general guide as a legal opinion.
Verify the project and exact residence
Check current Gujarat RERA disclosures and request the tower, floor, residence number, sanctioned plan, statutory area statement, specifications, parking, payment schedule, approvals, draft agreement and expected completion information.
Use dated video walkthroughs when an in-person visit is not possible, and appoint an independent property lawyer rather than relying only on the sales channel.
Create a controlled remote process
Decide who can inspect, sign, collect documents or attend registration locally. If a power of attorney is required, have its scope and execution reviewed professionally instead of using a broad generic document.
Keep a shared checklist for identity records, approvals, plan versions, offers, agreement drafts, invoices, receipts and key dates.
Plan banking, finance and tax before payment
Confirm permitted banking routes, the source of funds, any home-loan process, tax withholding or reporting and the records needed for future repatriation or sale. An authorised dealer bank and qualified tax adviser can explain requirements applicable at the time.
Retain remittance advice, account statements, invoices, tax records and receipts so the source and use of funds remain traceable.
Prepare for registration and handover
Coordinate document review, registration, independent inspection, snagging, possession records, insurance, utilities and fit-out. Ask who will hold originals and how issues will be documented and resolved.
Do not let distance compress diligence. A remote buyer needs more structured evidence, not less.
Plan ownership after possession
Arrange local oversight for maintenance notices, association matters, repairs, insurance, bills and tenant or guest access if relevant. Define approval limits and reporting expectations for any property manager.
Preserve the complete purchase and payment file because future tax, sale and remittance processes may depend on it.
Common questions
Can an NRI buy residential property in GIFT City?
Eligibility depends on current rules and the buyer’s status. Obtain current advice from a qualified lawyer, tax adviser and authorised dealer bank before committing.
How can an overseas buyer verify a property remotely?
Use current registration disclosures, exact-unit documents, dated walkthroughs and an independent lawyer and technical inspector.
What payment records should be retained?
Keep remittance advice, bank statements, invoices, tax records, receipts, agreements and the complete unit-specific document set.
Is a power of attorney always required?
Not always. If one is needed, use qualified advice to define the precise powers, execution formalities and limits.
Private Presentation
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Request current project details and a considered introduction from our advisory team.