In short — NRIs and OCI holders in Singapore can legally buy residential and commercial property in Mohali, including transferable GMADA Aerotropolis LOIs, under FEMA. Singapore hosts a compact, long-established Punjabi community with strong professional and banking ties to India. Payment routes through NRE/NRO accounts; repatriation is permitted within RBI limits; and India's DTAA with Singapore prevents double taxation. A registered Power of Attorney enables purchase without travelling.
Singapore → Mohali · at a glance
| Punjabi diaspora | ~40K Punjabis |
|---|
| Share of NRI enquiries | Under 5% of NRI enquiries |
|---|
| Currency | SGD (Singapore Dollar) · ≈ ₹62.3 |
|---|
| Payment route | NRE / NRO account, settled in INR |
|---|
| Tax treaty | India–Singapore DTAA in force |
|---|
| Power of Attorney | High Commission of India, Singapore |
|---|
| Time difference | 2.5 hours ahead of IST |
|---|
| Connectivity | SIN → DEL → IXC |
|---|
| LOI price range | ₹100,000–110,000 / sqyd |
|---|
| Active pockets | A, B, C, D only |
|---|
Buying from Singapore — the process
1
Shortlist & verify
Pick a plot or LOI from live listings and verify the LOI number with GMADA before committing.
2
Open NRE/NRO & appoint PoA
Open an NRE or NRO account and register a Power of Attorney, signed before the Indian mission in Singapore and apostilled.
3
Remit funds & keep FIRC
Wire the amount plus ~8–10% for duty and fees. Retain the FIRC for every transfer for repatriation.
4
Register & transfer
Your PoA registers the sale deed at the Mohali Sub-Registrar and files the GMADA transfer; a new LOI issues in your name.
Indian missions in Singapore — PoA, OCI & attestation
A power of attorney for India from Singapore is executed through the missions below (or their service provider), then registered in India. The High Commission handles consular services (PoA attestation, OCI, PCC) directly and through its appointed service provider.
Punjab helplines for NRI property matters
Flights: Singapore → Chandigarh (IXC)
No non-stop Singapore-IXC service. Standard routing is Singapore (SIN) to Delhi (DEL) non-stop on Air India or Singapore Airlines (~5.5 h), then DEL to IXC (~1 h, high frequency). Door-to-door is comfortably under a day. Live departures and arrivals: IXC flight board.
Live inventory for Singapore-based buyers
Full FEMA rules, tax tables, currency & capital-gains calculators, and the complete step-by-step guide live on the NRI hub.
Open the full NRI guide →
FAQ — Singapore
Can a buyer in Singapore purchase property in Mohali?
Yes. Under FEMA, NRIs and OCI cardholders in Singapore can buy residential and commercial property in India, including GMADA Aerotropolis LOIs and developed plots. Agricultural land, plantations and farmhouses remain restricted.
How do I pay from Singapore?
Funds are routed through an NRE or NRO account with an Indian bank and settled in INR. Keep the FIRC for every transfer from Singapore for repatriation later. Payment in cash is not used.
Can I buy without flying to India?
Yes. A registered Power of Attorney, signed before the Indian mission in Singapore and apostilled, lets a trusted representative complete registry and GMADA transfer on your behalf.
Will I be taxed twice between India and Singapore?
India has a Double Taxation Avoidance Agreement with Singapore. Capital gains are taxed in India and credited against your liability at home, so the same gain is not taxed twice.
Can an OCI holder in Singapore buy property in India?
Yes. OCI cardholders have the same property rights as NRIs under FEMA: residential and commercial property, including GMADA LOIs and plots, with no limit on count. Agricultural land, plantations and farmhouses remain restricted. An Aadhaar card is not required to buy; PAN is needed for the transaction and tax filings.
How do I make a power of attorney for India from Singapore?
Singapore is a Hague Apostille member (in force since 2021): a PoA notarised in Singapore and apostilled by the Singapore Academy of Law needs no further attestation by the Indian mission. Alternatively, sign it before the High Commission. Send the original to India and register it at the Sub-Registrar.
Can I open an NRE account from Singapore?
Yes. SBI and ICICI Bank operate full branches in Singapore, and NRE/NRO accounts can be opened locally or remotely with notarised KYC documents. No India visit is required.
