NRI Property Sale & Purchase in India — Legal Services

Navigating property transactions in India can be challenging for NRIs who are miles away, grappling with different time zones and potential language barriers. Our NRI Property Sale & Purchase services provide a comprehensive legal solution.

Our Services

• Legal Due Diligence: Thorough checks on property titles, ensuring compliance with the Transfer of Property Act, 1882.
• Documentation and Contracts: Drafting and reviewing sale deeds and agreements to protect your interests.
• Regulatory Compliance: Expert guidance on FEMA 1999 for NRI property transactions.
• Taxation Advice: Assistance with Section 195 of the Income Tax Act to manage TDS on property sales.
• Litigation Support: Representation in Punjab & Haryana High Court if any disputes arise.
• Power of Attorney: Facilitating creation of POAs enabling trusted individuals to act on your behalf.

The Process

1. Initial consultation to understand your requirements.
2. Legal verification — comprehensive due diligence on the property.
3. Drafting and review of all necessary legal documents.
4. Regulatory filings and FEMA compliance.
5. Taxation handling — manage TDS obligations under Section 195.
6. Finalisation and secure transfer of funds.

Frequently Asked Questions

1. Can NRIs purchase agricultural land in Punjab?

NRIs are restricted from purchasing agricultural land under FEMA regulations.

2. How is TDS calculated on property sales by NRIs?

TDS is generally 20% for long-term capital gains and 30% for short-term.

3. How can I sell property in India without being physically present?

By executing a Power of Attorney, you authorise a trusted individual to handle the transaction on your behalf.

Contact

For legal assistance: WhatsApp wa.me/+919501010009 | Call +91-9501010009