Property Buying Checklist for NRIs Investing in India
NRIs considering Indian real estate need to think about documentation, financing, taxation, power of attorney and property management.
Confirm Eligibility
Understand which property categories and transaction structures are permitted under current rules for your status.
Banking and Funding
Use appropriate banking channels and understand loan eligibility, remittance rules and documentation.
Tax Considerations
Property income, capital gains and withholding obligations can depend on the transaction and personal circumstances. Seek current professional advice.
Power of Attorney
If someone will represent you in India, use a properly prepared and legally valid power of attorney where appropriate.
Plan for Management
If you will not occupy the property, consider maintenance, tenant management, inspections and eventual resale logistics.
