Frequently Asked Questions

1) Find a listing (through MA.com, your broker, or WhatsApp groups). 2) Verify LOI documents — check LOI number, allottee name, plot details. 3) Pay bayana (token) to secure the deal. 4) Complete payment and execute sale agreement. 5) Apply for GMADA LOI transfer — submit documents, pay transfer fee. 6) Receive new LOI in your name. 7) Apply for Intkal (mutation) in revenue records.

Essential documents: Original LOI from GMADA, NDC (No Dues Certificate), previous transfer documents (if it has changed hands before), seller's ID proof. Verify the LOI number on GMADA's website or visit GMADA office to confirm authenticity. Never buy without seeing original documents.

Yes. NRIs can purchase Aerotropolis LOIs under general RBI permission for immovable property in India. Payment must be through proper banking channels (NRE/NRO account). No prior RBI approval needed. Repatriation of sale proceeds is allowed for NRI purchases. FEMA compliance is required. Recommend consulting a CA for NRI-specific tax implications.

"BOOKED DEAL" means a broker has paid bayana to the original owner and secured the property. The property is AVAILABLE for sale — not sold. The broker is marketing it to find an end buyer. This is very common in Punjab real estate — you can buy a BOOKED DEAL property from the broker.