Over two million Indians work across Riyadh, Jeddah, Dammam and the Eastern Province, and a growing share of them are converting end-of-service benefits and SAR savings into a family home in Pune. Prop Assist's NRI desk handles the entire purchase remotely — developer shortlisting, video site tours, POA-based registration and FEMA-compliant funding — at zero brokerage to you. Every home we recommend is a new-launch, under-construction or ready-possession unit bought directly from a MahaRERA-registered developer, typically in the Rs 1 Cr to Rs 5 Cr band.
Pune's fundamentals in mid-2026 are unusually strong for a buyer sitting in Saudi Arabia. The city absorbed over 8 million sqft of Grade-A office space in 2025, driven by Global Capability Centres in Hinjewadi, Kharadi and Baner — the same employers your children or siblings may join when the family returns. Metro Line 3, the 23.3 km Hinjewadi–Shivajinagar corridor, has begun trial runs, compressing the west Pune commute that once took 90 minutes to under 35. The new airport terminal at Lohegaon now handles direct Gulf connectivity, and Pune Ring Road land acquisition is largely complete, opening PMRDA growth corridors.
Price discipline matters too. MahaRERA escrow rules mean 70% of your instalments sit in a project-specific account. Premium micro-markets today: Baner–Balewadi at Rs 11,000–14,500 per sqft, Kharadi at Rs 10,500–13,000, and Hinjewadi Phase 2 at Rs 8,800–10,500 — meaningfully below comparable Mumbai or Gurgaon tickets.
Saudi Arabia runs 2.5 hours behind IST, so our advisors schedule calls for your evenings — typically 7 pm AST, which is 9:30 pm in Pune. The process runs in five steps:
Keep these ready before your discovery call — clients who do typically book within 21 days:
If you are taking an NRI home loan — Pune lenders fund up to 80% of agreement value — add salary certificates and 6 months of Saudi bank statements.
When you buy an under-construction or ready unit directly from the developer, the tax mechanics are straightforward. As buyer, you deduct 1% TDS under Section 194-IA on every payment where the total consideration exceeds Rs 50 Lakh, deposit it via Form 26QB, and issue Form 16B to the developer — our desk files this for every instalment. GST of 5% applies on under-construction premium units (nil on ready-possession homes with OC).
The India–Saudi Arabia DTAA, in force since 2006, prevents double taxation on India-sourced income when you eventually earn from or sell the asset years later. For repatriation, RBI permits up to USD 1 million per financial year from NRO balances, supported by a chartered accountant's Form 15CB and your Form 15CA filing. Funds routed through an NRE account for the original purchase enjoy simpler repatriation treatment, which is why we recommend NRE funding wherever your remittance structure allows.
Prop Assist (Bluerock Enterprises LLP, MahaRERA agent registration A52100047490) was founded by Vineeth Gopalakrishnan, who brings 15+ years in luxury real estate and 300+ closed transactions from our Aundh, Pune office. Our compensation comes from the developer — you pay zero brokerage, and we disclose this structure upfront in writing.
For Saudi-based clients specifically, the desk delivers:
Because we work only on primary developer sales, you get launch-stage pricing and inventory access that never appears on portals.
Yes. A Power of Attorney attested at the Indian Embassy in Riyadh or Consulate in Jeddah allows a relative or our empanelled advocate to complete registration in Pune. Booking, agreement signing and payments all happen remotely via NRE/NRO transfers.
Yes, NRIs can freely buy residential property in India under FEMA without RBI approval. Only agricultural land, plantations and farmhouses are restricted. Payments must route through NRE, NRO or FCNR accounts, never through foreign currency in cash.
Realistic tickets start around Rs 1 Cr for a 2 BHK in Hinjewadi Phase 2 at Rs 8,800–10,500 per sqft, rising to Rs 2.5–5 Cr for spacious 3 and 4 BHKs in Baner, Balewadi or Kharadi. Most of our Saudi-based clients transact between Rs 1.2 Cr and Rs 3 Cr.
You deduct 1% TDS under Section 194-IA on each instalment where total consideration exceeds Rs 50 Lakh, deposited via Form 26QB. Prop Assist's NRI desk files this on your behalf for every payment milestone at no extra charge.
Yes. RBI allows repatriation of up to USD 1 million per financial year from NRO accounts, backed by a chartered accountant's Form 15CB and your Form 15CA. Purchases originally funded through an NRE account enjoy simpler repatriation treatment. Call +91 88560 97212 or write to sales@propassist.in to plan your structure.
Call +91 84337 70613 · Email sales@propassist.in · RERA A52100047490 · Zero brokerage, primary developer sales only.