Previously known as Samanvay Builders, Lilleria Developers LLP has been redefining the real estate industry since 1988. Pioneers in gauging the changing trends, Lilleria has established itself as one the leading and trusted developers of Gujarat.
First to introduce the concept of gated communities and winning accolades from the Government, the Company has stayed true to its promise of innovation since inception. Catering to the rising demand of quality residential and commercial development in Vadodara, Lilleria established several architectural landmarks in the city.
Through its commitment to quality and innovation over the last 29 years, the Company has won the lasting trust of its customers. With the help of latest technology in construction, association with prominent architects, a team of expert civil engineers and dynamic personnel at the helm, Lilleria promises to create outstanding monuments in concrete for years to come.
Lilleria Group is Vadodara's premier real estate developer providing comprehensive residential and office space solutions across real estate categories. Headquartered in Vadodara, the group has consistently delivered luxury lifestyles through innovative solutions, not just by building structures but by building better lives. Lilleria Group collaborates with leading professionals and suppliers for facilities management, to deliver excellence in every aspect of development. We understand the requirements of our NRI clients and provide real estate solutions which fit their needs.
An Indian Citizen who stays abroad for employment/carrying on business or vacation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident (Persons posted in U.N. organizations and officials deputed abroad by Central/ State Government and Public Sector Undertakings on temporary assignments are also treated as non-resident). Non-resident foreign citizens of Indian Origin are treated on par with non-resident Indian citizens.
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
A foreign citizen (other than a citizen of Pakistan, Bangladesh, Afghanistan, Bhutan, Sri Lanka or Nepal) is deemed to be of Indian origin if,
Acquisition and Transfer of Immovable Property in India by a person resident outside India. These FAQ's have been prepared in order to address various issues relating to acquisition and transfer of immovable property in India by a person residing outside India under the provisions of the Foreign Exchange Management Act, 1999. These FAQs seek to cover the broad spectrum of issues relating to acquisition and transfer of immovable property in India by a non-resident Indian (NRI) or a foreign national of Indian origin (PIO) or a foreign national of non-Indian origin as also by a person residing in India who is not a citizen of India
Yes, the Reserve Bank has granted general permission to NRIs to acquire or dispose of NRI India Properties by way of gift from or to a relative who may be an Indian citizen or a person of Indian origin (PIO) whether resident in India or not.
Yes, under the general permission granted by the Reserve Bank, property other than agricultural land/farm house/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 banks in India and a declaration is 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.
The Reserve Bank has granted some general permission to certain financial institutions providing housing finance, e.g. HDFC, LIC Housing Finance Ltd., etc. and authorized dealers to grant housing loans to NRI nationals for acquisition of a NRI house/flat for self-occupation subject to certain conditions. Criteria regarding the purpose of the loan, margin money and the quantum of loan will be at par with those applicable to resident Indians. Repayment of the loan should be made within a period not exceeding 15 years, out of inward remittance through banking channels or out of funds held in the investors' NRE/FCNR/NRO accounts.