Key Documents Required for NRI to Buy Property in India

Buying property in India as an NRI involves several important steps, and having the correct documentation is key to ensuring a smooth transaction. In this web story, we’ll walk you through the most essential documents you need to purchase property in India hassle-free.

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A valid passport is essential for any property transaction in India. Whether you hold an Indian or foreign passport, ensure it is current and has sufficient validity before beginning the purchase process.

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If you hold an Overseas Citizen of India (OCI) card, you can use this instead of your Indian passport to buy property in India. It simplifies the process and provides certain benefits under Indian law.

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A Permanent Account Number (PAN) card is required for NRIs to complete property transactions. It helps streamline taxation and registration processes. If you don’t have one, you can apply online.

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If you’re unable to be present during the transaction, a Power of Attorney (POA) allows a trusted person to act on your behalf, handling everything from signing agreements to registering the property.

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NRIs need either an NRO (Non-Resident Ordinary) or NRE (Non-Resident External) bank account to facilitate property purchases. These accounts allow for easy money transfers and are essential for managing funds in India.

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Before completing a purchase, ensure the property's Title Deed is clear of any legal disputes or encumbrances. A lawyer should verify this document to confirm your ownership rights.

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Having these key documents in place will not only simplify your property purchase but also help you avoid unnecessary delays and legal complications. Ensure you're prepared with all the required paperwork before you start your investment journey in India!

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