- Can an NRI sell property in Gurugram without visiting India?
- Many sale activities can be handled remotely, including valuation, marketing, buyer screening, video inspections and negotiation. Where representation is required, an appropriately drafted Special Power of Attorney may be used after execution, authentication or adjudication formalities are confirmed by your advocate and the relevant registration authority. The exact process depends on the property and jurisdiction.
- What are the TDS rules when an NRI sells property in India?
- The buyer generally deducts tax under Section 195 when paying a non-resident seller. The applicable amount depends on the seller's facts, holding period, taxable capital gain, surcharge and cess, and any lower or nil deduction certificate obtained from the Income Tax Department. Both parties should obtain case-specific advice from a chartered accountant before fixing payment milestones.
- Can the sale proceeds be repatriated outside India?
- Repatriation is possible subject to FEMA and RBI rules, the source and history of funds, eligible account routing, payment of applicable taxes and documents required by the authorised dealer bank. Limits and conditions can differ, including for residential properties, so the seller's bank and chartered accountant should confirm the route before completion.
- Which documents should an NRI seller prepare?
- Common documents include the title or conveyance deed, allotment and possession papers where relevant, PAN, passport and overseas-address proof, property-tax and maintenance records, encumbrance or loan-closure papers, and society or builder transfer documents. A lawyer should confirm the final list for the specific property and sale structure.
- How will my Gurugram property be valued and marketed?
- We assess the exact unit against active competition, recent market evidence, project demand, floor, view, condition, parking and transfer costs. Marketing can include a professionally written listing, approved photographs or video, targeted digital promotion, broker-network outreach and direct matching with qualified buyers.