Yes. Under the Foreign Exchange Management Act (FEMA), NRIs and OCI cardholders can buy residential and commercial property in India under the RBI's general permission route — no special approval is required, and there is no cap on the number of homes you can own. The one hard restriction is on land use: NRIs cannot buy agricultural land, farmhouses or plantation property without specific RBI clearance. For a standard apartment in a RERA-registered Kharadi society, you are fully within your rights as a buyer.

Kharadi is not one uniform market. Core Kharadi near EON IT Park and Nagar Road is the most established and commands the highest prices. Upper Kharadi, extending towards Wagholi, offers newer inventory at roughly 10–15% lower entry prices. Manjri, on the Hadapsar border, is the most affordable doorway into the Kharadi catchment. NRIs buying primarily for rental income should prioritise core Kharadi for day-one occupancy, while those buying for appreciation can consider Upper Kharadi's value pricing. Always confirm the project's RERA registration number on the Maharashtra RERA portal before paying any token amount.

The paperwork is more demanding than for a resident buyer, so assemble it early. You will typically need a valid Indian passport (or foreign passport plus OCI/PIO card), a PAN card, overseas address proof, recent photographs, and a passport-size set for registration. If you are financing the purchase, banks also ask for employment proof, salary slips, overseas bank statements and an income-tax return or equivalent from your country of residence. Keep both physical and scanned copies, since several steps can be completed digitally while documents travel.

This is where NRIs most often slip up. Every rupee of the purchase — booking amount, down payment, stamp duty and loan EMIs — must flow through banking channels: an NRE account, an NRO account, an FCNR account or a direct inward remittance from abroad. Cash payment is prohibited under FEMA, and you cannot pay an Indian seller or developer directly from a foreign bank account. Funds parked in an NRE account are fully repatriable, which matters later if you ever sell, so many NRIs route purchase funds through NRE for cleaner future repatriation.

In Pune, buyers pay stamp duty plus a registration charge and a local body/metro cess on the agreement value. Budget for these on top of the headline price — they typically add 6–7% to your cost. Registration legally transfers the property and must be done at the Sub-Registrar's office in the property's jurisdiction. Traditionally this required the buyer's physical presence, which is exactly the hurdle a power of attorney is designed to clear.

A registered Power of Attorney (PoA) lets an NRI appoint a trusted person in India to sign the agreement, complete registration and handle banking on their behalf. Prefer a Special Power of Attorney that names only this specific transaction over a broad General PoA, which is easier to misuse. Execute the PoA before an Indian Embassy or Consulate (or apostille it if your country is part of the Hague Convention), then courier the original to India, where it must be stamped and registered at the local sub-registrar — generally within three months of arrival. A property lawyer should draft it so that the powers granted are tightly scoped to your full name, passport number and overseas address.

Verify the title chain, encumbrance certificate, approved building plan, occupancy certificate (for ready homes) and the developer's RERA delivery track record. For resale flats, also confirm there are no pending society dues or home-loan liens. NRIs buying remotely are more exposed to misrepresentation, so an independent legal verification — separate from the developer's own paperwork — is money well spent. RealtyRoof's advisory and legal helpdesk handles exactly this verification for buyers who cannot inspect in person.

Buying property in Kharadi as an NRI is entirely achievable from abroad when you follow the sequence: confirm eligibility, shortlist a RERA-registered project, assemble documents, route every payment through NRE/NRO/FCNR channels, and use a tightly drafted power of attorney to close. The reward is a foothold in one of Pune's strongest rental and appreciation markets. The key is disciplined due diligence — and a local partner who can be your eyes and hands on the ground.