NRI guide · updated June 2026
If you are an NRI considering a YEIDA corridor plot near Noida's new Jewar airport and want to have a home built on it remotely, here is what you realistically spend: plot + construction + approvals for a typical 200 sq yd plot with a 2,000 sq ft home runs approximately ₹1.07 crore to ₹1.35 crore all-in, depending on finish tier. That breaks into three buckets — land (about 55%), construction (about 38%), and fees/approvals (about 7%). Vidastu handles the full build cycle in 10–16 months with weekly WhatsApp video updates from site. Every figure below is indicative — not a guarantee. Consult your CA on FEMA and tax implications before funding from abroad.
Building a home in India as an NRI involves three distinct cost buckets. Understanding them separately is the only way to get a realistic total — and to know which figures are firm and which are variable.
In the YEIDA corridor near Jewar airport, the indicative plot rate is ₹29,250 per sq yd (approximately ₹35,000/sq m — the YEIDA authority allotment rate, converted). A 200 sq yd plot — the size used throughout this guide as a worked example — therefore costs approximately ₹58.5 lakh at that rate. Plot sizes in YEIDA schemes typically range from around 120 sq yd to 500 sq yd and above; the rate per sq yd is set by YEIDA's scheme brochure and varies by sector and scheme vintage.
Vidastu's in-house construction is priced per sq ft of built-up area, in three specification tiers. The tiers differ in the quality of finishes, fittings and materials — the structural system (RCC framed structure, brick infill) is the same across all tiers.
For a 2,000 sq ft home (across ground + first floor on a 200 sq yd plot — a comfortable 4-bedroom layout), construction costs are: Essential ₹44 lakh, Premium ₹56 lakh, Luxe ₹72 lakh.
An 8% provision on the plot cost is used to cover the following transaction and approval costs:
On a ₹58.5 lakh plot, 8% works out to approximately ₹4.7 lakh. Note: the 8% provision is applied on the plot cost, not the construction cost — construction payments to Vidastu do not attract stamp duty.
The table below uses only figures from Vidastu's published data: plot rate ₹29,250/sq yd, build tiers ₹2,200 / ₹2,800 / ₹3,600 per sq ft, and 8% fees. All figures are indicative estimates, not a guarantee. Use the NRI value projector for a personalised calculation.
| Cost item | Essential ₹2,200/sqft | Premium ₹2,800/sqft | Luxe ₹3,600/sqft |
|---|---|---|---|
| Plot purchase 200 sq yd × ₹29,250/sq yd (indicative YEIDA corridor rate) |
₹58.5 L | ₹58.5 L | ₹58.5 L |
| Approvals & fees (~8% of plot cost) Stamp duty, registration, YEIDA charges, plan sanction, PoA, misc |
₹4.7 L | ₹4.7 L | ₹4.7 L |
| Land + fees subtotal | ₹63.2 L | ₹63.2 L | ₹63.2 L |
| Construction (turnkey, in-house) 2,000 sq ft × tier rate — structure, finishes, MEP, handover |
₹44.0 L | ₹56.0 L | ₹72.0 L |
| Indicative all-in total Estimate only. Not a quote or guarantee. Excludes GST, interiors beyond scope, freehold conversion premium. |
≈ ₹1.07 Cr | ≈ ₹1.19 Cr | ≈ ₹1.35 Cr |
Want a figure in your currency (AED, USD, GBP)? Use the NRI value projector → — it applies live FX rates and lets you adjust plot size, build area and tier.
The term "turnkey" means different things to different builders. Here is exactly what Vidastu's turnkey scope covers, stage by stage, and what sits outside it.
From design start to handover, Vidastu's turnkey builds typically run 10–16 months, depending on plot size, home size and specification tier. A 2,000 sq ft Essential-spec home typically lands at the shorter end; a 3,000 sq ft Luxe-spec home at the longer end. Timeline starts from YEIDA plan sanction — not from the date you pay the plot deposit.
Because you are building remotely, Vidastu commits to weekly WhatsApp video updates from site throughout the construction cycle. The site supervisor walks through the active work area with their phone — you see the slab being poured, the tile being laid, the paint being applied, exactly as it happens. You can ask questions in the chat at any time. This is not a promise of a polished video production — it is a raw, honest site walk so you can see what is happening with your money.
Under FEMA and the NDI Rules 2019, NRIs and OCIs may purchase residential property and fund construction in India using NRE, NRO or FCNR accounts through banking channels. No prior RBI approval is required for residential plots and homes. Agricultural land, farmhouses and plantation property remain prohibited — YEIDA residential plots are not in those categories. Consult your CA / FEMA advisor for your specific situation before transferring funds.
Plot purchase and construction milestone payments are made from your NRE or NRO account by NEFT/RTGS in INR — no cash, no foreign-currency wire direct to the builder. Vidastu issues milestone invoices against which you transfer funds.
Vidastu does not take lump-sum advance payments. Construction is funded in verified stages — you pay each tranche against a milestone that has been photographically or video-documented and confirmed. Typical milestones: design agreement, foundation completion, ground-floor slab, first-floor slab, roof slab, plastering complete, finishes complete, handover. This structure means your money is always at risk for only one construction stage at a time.
Vidastu is a Greater Noida-based real estate developer and UP-RERA registered agent (UPRERAAGT000309/01/2026) operating in the Noida/Greater Noida market since 2012. Founder Vidit Kaushik holds a civil engineering degree from BITS Pilani; co-founder Ravi Shankar Sharma brings 30+ years of construction and Vastu experience. The firm holds a 4.8-star average across 54 Google reviews.
Get an indicative build estimate for your plot →
For a typical 200 sq yd YEIDA corridor plot at the indicative rate of ₹29,250/sq yd, plus a 2,000 sq ft turnkey home, indicative all-in totals (plot + fees + construction) are approximately ₹1.07 crore at Essential spec, ₹1.19 crore at Premium, and ₹1.35 crore at Luxe. These are indicative estimates — not quotes or guarantees. Plot rates vary by YEIDA scheme and sector. Use the NRI value projector for a personalised figure in your currency.
Design (architectural, structural, MEP) → YEIDA building-plan sanction → full civil structure (foundation to roof) → finishes per the chosen tier → plumbing and electrical → handover with snagging. Weekly WhatsApp video site updates throughout. The scope does not include boundary wall, landscaping, furniture or appliances — these are quoted separately. GST on builder services (18%) is also separate — confirm with your CA.
10–16 months from YEIDA building-plan sanction to handover, depending on home size and specification. Design + plan sanction adds a further 8–16 weeks before construction can begin. The most variable phase is YEIDA plan sanction — Vidastu tracks and follows up but cannot control the planning office queue. Plan the full cycle at 14–20 months from design kickoff to receiving keys, and treat anything faster as a bonus.
Yes. Under FEMA / NDI Rules 2019, NRIs may fund residential property and construction payments through NRE, NRO or FCNR accounts via banking channels — NEFT or RTGS in INR. NRE funds are fully repatriable; NRO repatriation is capped at USD 1 million per financial year (after tax). No cash payments. Consult your CA on FEMA documentation and TDS implications before transferring funds — this note is general information, not legal or tax advice.
For UP-RERA registered projects, a minimum of 70% of buyer funds must be held in a project-specific escrow account, released only against verified construction milestones — as mandated by RERA Section 4(2)(l)(D). This provides meaningful process protection. It is not a completion guarantee, but it means your money cannot be diverted to another project. Vidastu also structures milestone-based payment schedules — you do not pay lump sums in advance.
Not necessarily. Vidastu handles design review over video calls, plan sanction via a PoA, and all on-ground construction management. Weekly WhatsApp site videos keep you informed without a site visit. You would need to sign (or have your PoA holder sign) the construction agreement and any YEIDA correspondence. For the plot purchase, your PoA holder attends the sub-registrar for registry. Most NRI clients complete the full cycle — from YEIDA scheme application to home handover — without travelling to India.
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