Settling down in foreign countries with a thriving career is exciting, but having a home back in your country’s growing cities like Mumbai, Jaipur and Kolkata has several benefits; i.e. your ageing parents get the helping hands of your relatives and your investments get capital appreciation or consistent rental income.

Siddha Group brings the golden opportunity for NRI investors by developing luxurious residential projects in prime locations of country’s most-evolved cities like Mumbai, Jaipur and Kolkata. Being the most trusted real estate brand of Eastern India in 2018-19, Siddha Group offers the best return on investment (ROI) and hassle-free real estate investment opportunities.

Why Invest?

As per CBRE, India’s real estate sector is poised for strong growth in 2019 considering the positive economic fundamentals, healthy demand and quality supply. With co-living trend on an all-time high as a consequence of increasing employment opportunities and establishment of world-class educational institutions in Mumbai, Jaipur and Kolkata, it is indeed the ideal time to invest in residential real estate industry back in India. We, at Siddha Group, aim at offering you the amenities-packed mid-segment and luxurious residential properties at prime locations.

Conveniently located in:

Our Projects

Siddha Eden LakeVille

B.T Road, Sinthi More

Starting Price: 62 Lakhs

Area Available: 896 - 1940 Sq. Ft

Construction Status: Ongoing

HIRA No: Phase I - HIRA/P/NOR/2018/000183

Siddha Happyville

Rajarhat Chowmatha

Starting Price: 54 Lakhs

Area Available: 908 - 1444 Sq. Ft

Construction Status: Ongoing

HIRA No: HIRA/P/NOR/2018/000120

Siddha Waterfront

Near Khardah Station

Starting Price: 32 Lakhs

Area Available: 845 - 1235 Sq. Ft

Construction Status: Ongoing

HIRA No: Phase I - HIRA/P/NOR/2018/000185

Siddha Sky

Off EM Bypass

Starting Price: 1.57 Cr

Area Available: 1296 - 3445 Sq. Ft

Construction Status: Ongoing

HIRA No: HIRA/P/KOL/2018/000118

Siddha Galaxia

New Town, near City Center 2

Starting Price: 64 Lakhs

Area Available: 1010 - 1130 Sq. Ft

Construction Status: Ongoing

HIRA No: Phase III – HIRA/P/NOR/2020/000940

Siddha Suburbia Apartment

On Southern Bypass

Starting Price: 47 Lakhs

Area Available: 915 - 1290 Sq. Ft

Construction Status: Ongoing

HIRA No: HIRA No: HIRA/P/SOU/2018/000119

Frequently asked questions

Who is an NRI, PIO and OCI?

A Non-resident Indian is an individual of Indian origin who lives outside the country for education, employment or business purposes. Any person who is associated with India through citizenship, nationality, ethnicity or ancestry qualifies to be categorized as a NRI.

A Person of Indian Origin (PIO) is any foreign citizen who possesses any of the following:

  1. 1. Has held an Indian passport at any time
  2. 2. Has ancestral association; i.e. parents, grandparents or great-grandparents who were permanent residents of India under the Government of India Act, 1935
  3. 3. Is a spouse of an Indian citizen

An Overseas Citizenship of India (OCI) is an immigration status that permits the holder, who is a foreign citizen of Indian origin, to live and work in the Republic of India indefinitely.

Do non-resident Indian (NRI) citizens require RBI’s permission to invest in residential property in India?

No, Reserve Bank of India (RBI) has allowed Non Resident Indians (NRIs) to make investments in immovable real estate investments in India without any cap on quantity of investments.

What are the formalities involved for purchasing a residential property by an NRI in India?

The investor is required to file a declaration in form IPI 7 with the Central Office of Reserve Bank located in Mumbai within 90 days from the purchase of residential property.

What are the documents required to purchase a property in India?
  1. 1. PAN Card
  2. 2. Passport
  3. 3. OCI/PIO Card
  4. 4. Address Proof
  5. 5. Passport size Photographs
Can NRIs buy any kind of properties in India?

No, NRIs cannot buy farm house, plantation property or agricultural land in India; unless the same is specifically approved by RBI. However, an NRI can buy immovable residential properties in India.

What are the accepted modes of payment for property acquired in India?

Payment for immovable property has to be received in India through banking channels and is subject to payment of all taxes and other duties/ levies in India. The payment can also be made out of funds held in NRE/ FCNR(B)/ NRO accounts of the NRIs/ OCIs. Payments should not be made through travellers’ cheque and foreign currency notes.

Can NRIs obtain loans for acquisition of a house for residential purpose from financial institutions providing housing finance?

Yes, financial institutions like HDFC and LIC Housing Finance Ltd. have the general permission from Reserve Bank of India to grant housing loans to NRIs for residential properties subject to certain conditions. However, loan repayment period should not exceed 15 years.

Property Management

Own a Home, not home-related worries.

Siddha Property Management ensures that you enjoy living in a peaceful yet convenient environment of a Siddha home. How? We provide complete assistance with your home management services from the day you get registered as our customer.

So what do Siddha property management provide? Well, if you plan to rent out your home after possession, our property management team gives you a helping hand. Apart from this, we get you covered when you’re town – right from housekeeping to cab booking and food delivery assistance. What else? You can rent a Siddha home if you are not planning to buy one at the moment. All you need to do is connect with our Siddha property management team.

Home? Managed.

About Siddha Group

We believe a house is not mere bricks and mortar. Neither is it a place where you just live encased in four walls. We believe in homes. The special place that helps you discover the real you. Your life’s focal point beckoning you time and again. Our aim is to partner you in this art of homemaking. Since inception in 1986, we have been creating home and workspaces with a difference, to make good living affordable in Kolkata, Jaipur, Mumbai and Bangalore.

Enquire

    Enquire
    Virtual Tour
    +91 8048767767
    Enquire