NRI Guide to Commercial Investment at Mohali City Centre
NRIs form a meaningful share of the Mohali City Centre buyer base. Here is the operational playbook — documentation, remote booking, and how repatriation actually works.
Documentation for NRI buyers
- Passport & valid visa
- OCI card (if applicable)
- PAN card
- Overseas address proof
- PoA (Power of Attorney) in favour of India-based representative
- NRE/NRO bank account for transaction
Remote booking process
Video walk-throughs of the shortlisted unit, digital sharing of the sale-agreement, banking-channel transfer of booking amount from NRE/NRO account, and PoA-executed registration at possession. End-to-end without in-person visits, if preferred.
Repatriation and taxation basics
Sale proceeds from commercial property owned by NRIs can be repatriated subject to RBI limits (currently USD 1 million per financial year across all sources) and TDS provisions under Section 195. Consult a CA specialising in NRI real estate before closing.
Your questions, answered
Are the Mohali City Centre projects RERA registered?+
Yes — every STJ Group development referenced on this page is RERA registered (PBRERA-SAS81-PC0068) and GMADA approved. Full documentation is shared before any booking.
How do I schedule a site visit?+
Call +91 97797 99705 or WhatsApp our leasing/investment desk. We arrange chauffeured walk-throughs across Mohali City Centre 1, 2, 3, 4, 5, Avenue, Walk and Square in a single visit.
Can NRIs buy or lease here?+
Yes. NRIs regularly buy and lease at Mohali City Centre under standard RBI rules. We support remote bookings, video walk-throughs, PoA documentation and repatriation guidance.
Is bank financing available?+
All leading banks and NBFCs — SBI, HDFC, ICICI, Axis, PNB, Bajaj Finserv — finance Mohali City Centre commercial and residential assets. LTVs and interest rates depend on the unit type and buyer profile.
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Speak with the STJ Group investment desk
Get the latest price list, payment plan, floor plan and ongoing offers on WhatsApp instantly. Call +91 97797 99705 or drop us a message.
