In case of residential properties, the repatriation of sale-proceeds is restricted to not more than two properties, and only if the property was purchased from funds held in an NRE Account

Additionally, the amount repatriated out of India should not exceed the amount paid for acquisition of the immovable property in the foreign exchange received through normal banking channels, or from the funds held in FCNR or NRE Account

In case the property is being acquired through rupee sources, an NRI/PIO is permitted to remit an amount up to USD one million/ financial year out of the balances held in the NRO account.