We went to Delhi expecting a good expo. We came back inspired. Earlier this month, Team Devashri Nirman attended the IndiaNext Real Estate Expo 2026 at Bharat Mandapam, New Delhi, one of India’s largest and most prestigious real estate exhibitions.
It was three days of conversations, connections and a very clear message from the people we met. India is falling in love with Goa. And it isn’t slowing down.
Devashri Developers participated in the 7th Edition of The Navhind Times Property Exhibition, held on 14th and 15th March 2026 in Panjim – Goa, where the company showcased its key residential developments to prospective homebuyers and investors.
Among the projects presented was the LA CALIDA Villa Project, a premium villa development designed to offer modern and spacious living. The company also highlighted its residential apartment developments, Elanza I & II and The Janata Co-operative Housing Society Ltd., the projects reflecting its commitment to quality construction and well-planned homes.
The Devashri Developers booth received an encouraging response from visitors during the two-day exhibition organized by The Navhind Times.
A new chapter in luxury living began on 12th December 2025, as the foundation stone for LA CALIDA, an exclusive premium villa project in Socorro, Goa, was formally laid in the presence of company representatives, partners, and well-wishers.
The ceremony marked the official commencement of a residential development that promises to blend modern architectural design, high-quality construction and the serene ambience of Goa’s natural landscape. Envisioned as a refined enclave of villas, LA CALIDA aims to offer residents a harmonious balance of comfort, privacy and long-term value in one of North Goa’s most sought-after locations.
With its thoughtfully planned layout and premium features, LA CALIDA aspires to redefine modern Goan living while still retaining the charm and tranquillity the state is known for.
Construction is currently underway.
Devashri Group participated in the Vibrant Goa event, which was held at the Dr. Shyama Prasad Mukherjee Indoor Stadium in Taleigao, Goa, India, from 8th to 10th November 2024.
Overview
Indian real estate is a popular investment for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs), offering both financial growth and a connection to home. Regulations for NRI property purchases are fairly straightforward and do not require prior approval from the Reserve Bank of India (RBI) for most property types. The transaction process falls under the Foreign Exchange Management Act (FEMA).
Who Can Buy and What?
NRIs and PIOs can purchase residential and commercial property in India without restriction on the number of units, as long as transactions are in Indian rupees and routed through normal banking channels (NRE/NRO/FCNR accounts).
Agricultural land, farmhouses, or plantation properties cannot be purchased directly, but can be acquired through inheritance or gifts.
Regulations and Documentation
Most purchases do not require RBI approval, but cash transactions are not allowed, payments must occur through Indian banking channels.
Title and legal due diligence are crucial. It’s advisable to have property papers and builder credentials reviewed by a professional.
Documentation required generally includes passport, visa/PIO/OCI card, PAN card, address proof, income proof, and relevant bank account statements. A Power of Attorney (POA) may be recommended for timely processing if the NRI is not present in India.
Home Loans and Financing
Many Indian banks offer home loans to eligible NRIs, typically funding up to 80% of the property’s value. The remainder comes from personal NRI resources and all repayments must be made in rupees.
Loan qualification will depend on income, employment and sometimes educational background.
Taxation and Compliance
Rental income and capital gains from property sales in India are taxable under Indian law. If an NRI’s total income exceeds regulatory thresholds, filing a tax return in India is mandatory.
Double Tax Avoidance Agreements (DTAA) between India and other countries may provide relief from being taxed twice on the same income.
Ownership and Repatriation
There is no cap on the number of properties an NRI can buy, but sale proceeds for up to two residential properties may be repatriated, subject to RBI guidelines and proof of original foreign investment.
The sale of inherited agricultural land, farmhouses or plantations can only be made to a resident Indian.
Power of Attorney (POA)
Granting a trusted resident in India a POA can help timely manage paperwork, payment, registration, possession, and even sale or leasing activity.
Key Points to Remember
Only use regulated banking channels for all transactions.
Get property title, clearances, and builder approvals professionally checked.
Keep up with Indian tax laws, RERA registration (for new properties) and required documentation.
Consult qualified real estate and legal advisors for current rules and best practices.
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Welcome to the Devashri Experience
Purchasing a home is a significant life milestone, a blend of aspiration, emotion and trust. At Devashri Nirman LLP, every buyer benefits from transparent guidance, robust support, and peace of mind. This Buyers’ Guide will walk you through each step of your home-buying journey, from initial inquiry to the moment you receive your keys.
1. Step-by-Step Purchase Process
Step 1: Enquiry & Project Selection
Explore current and upcoming Devashri projects on our website or by visiting our sales offices in Goa.
Our expert sales team provides complete details: floor plans, pricing, amenities and current availability.
Schedule a site visit to experience the location, surroundings, and project features first-hand.
Step 2: Booking Procedure
Select your preferred home and submit the Booking Application with the initial booking amount.
Receive a Provisional Allotment Letter confirming your reservation and outlining the next steps.
Step 3: Documentation & Agreement
Prepare and submit all required KYC documents: PAN card, Aadhaar card, passport-sized photos, address proof; companies also need GST Certificate, Board Resolution and MOA/AOA.
Execute and register the Agreement for Sale as per the Goa RERA’s legal guidelines at the Sub-Registrar Office.
Step 4: Payment Schedule
All payments are linked to construction milestones for maximum transparency and buyer protection.
Payments are accepted strictly via bank transfer, cheque or DD.
Every payment stage includes official receipts and progress updates.
Step 5: Construction Updates
Receive regular notifications regarding construction progress through email, SMS or digital channels.
Request supervised site visits to monitor project status and quality.
Step 6: Pre-Possession & Handover
Upon project completion and receipt of the Occupancy Certificate, possession notification will be issued.
After all formalities and final payments are complete, you’ll receive keys, a possession letter and a personalized welcome kit.
2. Important Buyer Guidelines
A. No Modifications Policy
RERA Section 14(1): No changes to structure, layout, or design after possession.
All buyers must sign an “Undertaking of No Modification” before booking completion.
B. Title & Legal Clarity
Every Devashri project is developed on clear, marketable titles, with full statutory approvals for complete buyer confidence.
C. RERA Registration
All projects are Goa RERA registered, offering full transparency and buyer protection.
D. Timely Payments
Adherence to the approved payment schedule ensures booking validity and smooth possession timelines.
E. Customer Support
Reach our Sales & Customer Relations Team for personalized assistance with queries, documentation, service requests, or after-sales support.
Email: sales@devashrigroup.com
Phone: 0832 6650606, +91-70664 86671, +91-98224 86671
3. Documents Required for Booking
For individuals:
Self-attested copies of PAN Card, Aadhaar Card, address proof, passport-size photographs
For companies:
GST Certificate, Board Resolution, MOA/AOA
4. Owning a Devashri Home: Long-Term Value & Care
Assistance with apartment maintenance and handover procedures.
Support for society/apartment association formation.
Ongoing after-sales service and contact points.
Guidance on sustainable living, including water and energy efficiency practices.
5. Legal & Ethical Commitment
Full adherence to Real Estate Regulation and Development Act, 2016 (RERA).
Complete disclosure of approvals, site plans, construction updates.
Pricing and possession schedule transparency.
Zero tolerance for structural or internal modifications after possession.
6. Downloads & Resources
Access essential project documents, including brochures and RERA certificates.
Direct links to official Goa RERA for cross-verification and additional compliance.
7. Contact & Support
Devashri Nirman LLP Corporate Office:
Dempo Tower, #710, EDC Patto, Panjim, Goa – 403001
Phone: +91-70664 86671 | +91-98224 86671
Email: sales@devashrigroup.com | support@devashrigroup.com
Website: www.devashrigroup.com
8. The Devashri Promise
“At Devashri, every home we build is a reflection of our commitment to quality, integrity and enduring trust. We don’t just construct buildings, we build relationships that last a lifetime.”
The Devashri Group, a long-time participant in the Property Expo, experienced a steady crowd and positive responses from home buyers from all walks of life.
This year The Devashri Group featured some of its latest properties in Goa – Elanza I and II and The Janata Co-Op Housing Society Ltd at Margao, Casa Linda and Vista Bonita at Candolim, and Florenza at Arpora.
Devashri Nirman LLP participated in the property exhibition Rest of Maharashtra Mega Property Expo at Nehru Centre Worli – Mumbai on 7 & 8 Oct 2023. We showcased our projects Elanza 1 and Elanza 2, Margao – Goa, Vista Bonita – Candolim, Casa Linda Candolim – Goa, The Janata Co-Op Housing Society Ltd, Margao Goa. Visitors to the exhibition had good interactions with our team and got an opportunity to see Devashri’s commitment to quality and track record
The Devashri Group participated at the Property Expo New Vistas organised by The Navhind Times on 25th and 26th January at Panaji. We had a steady flow of people at our Stall. The Devashri Group has been a part of the Property Expo from its inception and has received a good response from home buyers from all walks of life
This year The Devashri Group featured 3 of its latest properties – Devashri Sun N Sand Phase 3 – Candolim, Devashri Greens – Porvorim and our latest launch Vasudev Vihar – Taleigao Panaji
The Devashri Group will be participating at New Vistas, the 3rd edition of the Property Expo organised by The Navhind Times.
You can meet us at Stall 8 on Saturday 25th January and Sunday 26th January at Old GMC Building, Opp. Inox Courtyard, Panaji, From 10:00 am to 7:00 pm.
Hurry! Visit us to avail Exiting Launch Offers!