Can NRI buy property in India without physically present?

For those NRIs who can’t be physically present in India to buy property, there is such a thing known as Power of Attorney or POA. This means that you as an NRI can choose someone close to you such as a trusted relative, friend or even colleague and allow them (legally) to complete the transaction on your behalf.

How can an NRI register property?

The following documents are required for NRIs for a successful property registration: A photocopy of residence proof of each owner, i.e. passport, Aadhar card, driving license, election commission card, etc. or any other identity proof issued by the State or the Central Government.

Is the buyer required to be personally present at the time of registration in Andhra Pradesh?

All the parties need to be present at the time of registration. All documents should be presented in original. In case the purchaser cannot be present personally before the sub-registrar, he can give a Power of Attorney to his agent to sign and present the documents on his behalf.

Can US citizens of Indian origin buy property in India?

It is illegal for foreign nationals to own property in India unless they satisfy the residency requirement of 183 days in a financial year (a tourist visa lasts for 180 days). However, a foreign national resident in India does not require approval of RBI to purchase any immovable property in India.

Can I register property in India from USA?

A non-resident Indian (NRI) is permitted to purchase and sell property in India. However, a NRI needs to comply with the requirements imposed by the Reserve Bank of India (RBI). NRIs can invest through their representatives in India with a power of attorney to act on their behalf.

Is sale deed necessary after agreement for sale?

A sale deed is drafted on the actual sale/transfer of the property. However, the deed is drawn only after all the contractual terms of the sale agreement have been explicitly settled. Moreover, it is mandatory to register a sale deed at the registrar’s office under the Registration Act, 1908.

Is PAN card mandatory for land registration?

Pan Card For Property Registration: Is It Mandatory? In India, if an individual wants to proceed with any real estate property transactions, then it is mandatory for them to provide their PAN (Permanent Account Number) Card details.