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.
Disclaimer: Prices, sizes, rental yields, appreciation figures and timelines on this page are indicative market estimates compiled from publicly available corridor data and STJ Group sales records, and are subject to change without notice. They are not an offer, a contract, or a promise of assured or guaranteed returns. Please verify all commercial, legal and RERA details with our team and your own advisors before taking any investment decision.
