RERA-registered apartments in Puzhathi, Kannur — a growing suburb of North Kerala's most active GCC NRI city. Asset Homes — Kerala's most awarded builder, 90+ projects, 15 years, ISO 9001:2015. Under construction. Direct Gulf flights from Kannur Airport. Best price through IA Wealth Dubai.
Asset Raintree in Puzhathi, Kannur is a RERA-registered residential development by Asset Homes — India's first lifecycle builder. Puzhathi is a growing suburb of Kannur city, well-connected to the city centre and Kannur International Airport (direct Gulf flights to Dubai, Abu Dhabi, Sharjah, Muscat).
Asset Homes — 90+ delivered projects, 15 years, ISO 9001:2015 recertified. For Gulf NRI buyers who want to invest in their home district of Kannur, Asset Raintree provides the quality assurance of a documented multi-decade builder at North Kerala's accessible pricing.
Asset Raintree — Puzhathi, Kannur
| Distance | Landmark | Note |
|---|---|---|
| Kannur Airport | CAN | Direct Gulf flights |
| Kannur Junction | Railway | |
| Kannur City Centre | 5-10 km | |
| Payyambalam Beach | Kannur | Waterfront |
| NH 66 | National Highway | Kochi-Mangalore |
| Thalassery | Heritage town | 30 km south |
| Kasaragod | North Kerala | 50 km north |
| Kozhikode | Calicut | 80 km south |
Puzhathi is part of Kannur's northward residential expansion — suburbs developing rapidly as the city centre becomes denser and airport-adjacent land values rise. The suburb benefits from Kannur Airport proximity (direct Gulf flights) while maintaining lower land costs than the city core.
Since Kannur International Airport opened (2018), Kannur district property values have risen 25-35% faster than the Kerala state average. Airport-connected city residential consistently appreciates above non-connected cities — Puzhathi is in Kannur's airport-beneficiary zone.
Kannur district receives more Gulf remittances per capita than any other Kerala district. This remittance wealth creates a self-sustaining property market where NRI buyers fund each other's resale — unlike IT-driven markets, Kannur's NRI demand is independent of private sector employment cycles.
Asset Homes applies its ISO quality management system — the only certified one among major Kerala builders — to all Kannur projects including Asset Raintree. NRI buyers receive the same quality assurance that Asset Homes provides in Kochi CBD projects.
Under FEMA, NRIs can freely purchase residential property in India. No RBI approval needed. Funds must route through NRE, NRO, or FCNR banking channels only.
Payments from NRE accounts carry no annual limit. Only NRO accounts are capped at USD 250K/year under LRS. Use NRE for India property — unlimited remittance.
Registered Power of Attorney allows complete purchase without visiting India. IA Wealth coordinates POA documentation, RERA verification, and registration on your behalf.
NRIs can avail home loans from SBI, HDFC, ICICI, and Axis Bank. Typical LTV 75-80%. EMI auto-debited from NRE/NRO account. No UAE income documents required.
India-UAE Double Tax Avoidance Agreement prevents double taxation on rental income. Declare income in India; not re-taxed in UAE.
After selling, NRIs can repatriate up to USD 1 million per financial year from NRO account after paying applicable capital gains tax in India.
Kannur · RERA · Asset Homes · Direct Gulf flights · North Kerala · Best price via IA Wealth Dubai.
Disclaimer: Pricing is indicative as at August 2026 and subject to change. RERA details verifiable at rera.kerala.gov.in. IA Wealth Real Estate LLC · RERA 52591 · Dubai · +971 56 909 3693 · www.iawealth.ae · Pricing, floor plans and brochures shared directly on WhatsApp request.