Backed by the six-decade legacy of the Hero Group, Hero Realty blends world-class design, sustainability, and honest pricing—making it a premier choice for discerning NRI investors.
Hero Realty stands as a premier investment destination for NRIs by combining the six-decade legacy of the Hero Group with a forward-thinking approach to real estate. With over 6.02 million sq. ft. of delivered spaces and 5.2 million sq. ft. under development across prime growth hubs in the NCR, Punjab, and Himachal Pradesh, the company offers projects with strong appreciation potential. Each community is crafted around the guiding principles of creativity, fitness, sustainability, and community, featuring lush green zones, eco-friendly construction, and minimal wastage. This rare blend of trusted heritage, transparent processes, and globally aligned design makes Hero Realty an ideal, future-ready investment avenue for discerning overseas buyers seeking both value and lifestyle.
Architecture
Commercial Hub
Culturally Diverse
International Airport
City Based Metro Rail
Investor Friendly
Civic Amenities
Socio Economic Growth
Ludhiana
Mohali
RERA: PBRERA-LDH45-PR1161
www.rera.punjab.gov.in
RERA: PBRERA-SAS81-PR1114
rera.punjab.gov.in
An Indian citizen who stays abroad for employment/business/vocation or under any circumstances indicates an intention of an uncertain duration of stay abroad is a non-resident. (Persons posted in UN organisations and officials deputed abroad by Central/State Governments and Public Sector undertakings on temporary assignments are also treated as non-residents). Non-resident foreign citizens of Indian origin are treated on par with Non-Resident Indian citizens (NRIs).
A Person of Indian origin means an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal, or Bhutan) who holds an Indian passport at any time or whose father or paternal grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955.
Under the general permission, the following categories can freely purchase
immovable property in India:
Non-Resident Indian (NRI) – that is a citizen of India residing outside India
Person of Indian Origin (PIO) – that is an individual (not being a citizen of Pakistan or Bangladesh or Sri
Lanka or Afghanistan or China or Iran or Nepal or Bhutan) who at any time, held an Indian passport or whose
father or grandfather was a citizen of India by virtue of the constitution of India or the Citizenship Act,
1955 (57 of 1955).
However, the general permission covers only the purchase of a residential and commercial property.
Non-resident Indians (NRIs) and overseas citizens of India (OCIs) don’t require prior approval for buying or selling immovable properties like houses in the country, according to the Reserve Bank of India (RBI).
Yes, under the general permission granted by the Reserve Bank, property other than agricultural land/farmhouse/plantation property can be acquired by NRIs provided the purchase consideration is met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchaser’s NRE/FCNR accounts maintained with the banks in India and a declaration submitted to the Central Office of Reserve Bank in form IPI 7 within a period of 90 days from the date of purchase of the property/final payment of purchase consideration.
No. NRI/PIOs do not have the necessary authorisation to purchase agricultural land, plantation property, or a farmhouse in India. Such projects (proposals) will require specific consent from the Reserve Bank of India. The plans are being studied in consultation with the Indian government.
Just the acquisition of property is not subject to income tax. However, any income derived from ownership of it, whether in the form of rent (if it is rented)/the annual value of the house (if it is not rented and is not the only residential property owned by that person in India), and/or capital gains (short or long term) arising on the sale of this house or a portion of it, is taxable in the hands of the owner.
Hero Realty, the real estate arm of the renowned Hero Enterprise, brings the trusted legacy of the Hero Group
into modern living spaces. With a portfolio spanning premium residential developments and expansive industrial
parks across NCR, Punjab, and Himachal Pradesh, the company is committed to innovation, sustainability, and
community well-being.
...
Guided by the principles of creativity, fitness, eco-friendly design, and customer-centric values, Hero Realty
integrates lush green zones, smart planning, and high-quality craftsmanship into every project. Backed by
decades of brand excellence, it continues to set new benchmarks in delivering homes and investment
opportunities that combine contemporary luxury with lasting value.
The general public including the prospective buyers are hereby informed that pricing of the apartments / plots
and their respective availability are indicative and are subject to change, without prior notice, at the sole
discretion of Hero Realty Private Limited/Vikas Parks Private Limited (“Company”). The information and details
provided herein, are made available on an “as is” basis by Company without any warranty, express or implied, of
any kind and the Company shall under no circumstance and in no event be responsible or liable for any loss or
damage (direct, indirect, special, consequential, incidental or otherwise), arising in any manner whatsoever
whether in contract, law, tort, or any other basis, that prospective buyer may suffer out of his / her reliance
on the information herein.
Please note that prices do not include stamp duty, registration fees and any other fees or charges levied by the
local authorities, state government or the central government, relating to the purchase of Apartment/ Plot. The
prospective buyer shall be required to pay these fees and charges separately.
Detailed terms and condition of booking / application, allotment letter and agreement to sale is available at
the registered office of the Company. The prospective buyers are advised to kindly go through the documents
carefully, before executing any documents in respect of purchase of apartment / plot.
RERA Reg. No: PBRERA-LDH45-PR1161 | www.rera.punjab.gov.in, Mohali - PBRERA-SAS81-PR1114 rera.punjab.gov.in
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