Ways In Which NRIs Can Revoke Or Cancel A Power Of Attorney

Ways In Which NRIs Can Revoke Or Cancel A Power Of Attorney

It is common for NRIs to opt to assign Power of Attorney (POA) for managing their assets in India. This becomes a necessity in current times, where legal compliances are evolving, and penalties are stringent. But sometimes a situation key arise where you need to revoke the POA. Thus, it is important...

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Reasons To Use Property Management Services In India

Reasons To Use Property Management Services In India

Indian diaspora is becoming extremely prosperous. NRIs living abroad are investing in Indian real estate faster than before. As NRIs are busy with their thriving lives abroad, their properties in India which require attention and protection.In the last few years, property frauds of various kinds in ...

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How Can NRIs Apply For A Home Loan In India

How Can NRIs Apply For A Home Loan In India

NRIs looking to invest in real estate in India are eligible for home loans from banks and other financial institutions.They can apply for home loans for as many properties as they like in India. But in the absence of a clearly defined regulator, there is some disparity in the interest rate, tenure, ...

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Documents That NRIs Need While Selling A Property In India

Documents That NRIs Need While Selling A Property In India

The recent times have seen an interesting trend of investing in the real estate market in India amongst the NRI diaspora. With a favorable exchange rate and improved transparency, NRIs are also willing to sell their properties in India. Reasons for the sale can be anything ranging from taking citize...

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Things To Know About Widow’s Property Rights In India

Things To Know About Widow’s Property Rights In India

A woman’s equal rights in inheritance and succession in India are a result of the evolution of law and society. Laws for inheritance have evolved by the way of reformed legislation and by favorable judgments from courtrooms. The society has now adopted a more pragmatic approach towards women. ...

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TDS Rules When Buying A Property From NRI Sellers

TDS Rules When Buying A Property From NRI Sellers

The rules and regulations pertaining to NRI properties in India may vary depending upon the situation. While dealing with NRI property selling, a lot of rules are required to be followed. In case you are buying property from an NRI seller, these rules become much more stringent and pertinent from th...

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Saving Title Of Your Property From Illegal Occupants

Saving Title Of Your Property From Illegal Occupants

The modern concept of adverse possession has its genesis from the conception of valuable land possessed by a person for his benefits. Early societies looked at the person holding land as someone who is yielding the greatest value from the land and hence, that person and his rights are required to be...

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What To Do If Your Property Possession Has Been Delayed

What To Do If Your Property Possession Has Been Delayed

In recent times, buyers in the Indian real estate market have faced problems of delayed possession. This has discouraged NRI buyers from investing in real estate in India due to the financial losses incurred. But with recent legislation and court judgments, the rights of property buyers have been em...

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Filing A Property Suit For A Property In India

Filing A Property Suit For A Property In India

Partition of a property is a process where the ownership of property among the family members is managed. Joint ownership in the property creates many problems for the shareholders. For NRIs, it is even more complicated when they want to sell or transfer the undivided property to someone.Partition O...

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What Can NRI Do In Case OF Illegal Possession Of Properties?

What Can NRI Do In Case OF Illegal Possession Of Properties?

Properties owned by NRIs in India are an easy target for illegal possession as they are unable to keep a frequent update on the properties after they take over the ownership. The physical absence of NRIs who are owners of properties in India has become one of the prevalent reason for illegal possess...

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Rights Of Grandchildren In Property Of Grandparents

Rights Of Grandchildren In Property Of Grandparents

Often NRIs deal with uncertainties about their rights of inheritance, after acquiring the status of NRI. Although there is no bar in inheriting property from grandparents, there are some rules regarding the handling of property. According to the Foreign Exchange Management Act (FEMA) of 1999, NRIs c...

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Gift Tax On Property And How Does It Affect NRI

Gift Tax On Property And How Does It Affect NRI

Indians have the tradition of exchanging gifts on various occasions and sometimes just as an expression of affection. NRIs can give and receive gifts in cash or kind such as property to and from individuals who may or may not be related to them. It is important to note that with gifts there are tax ...

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Common Frauds In Transfer Of Property

Common Frauds In Transfer Of Property

NRIs face numerous property-related frauds due to a lack of transparency in the processes and documentation of property transfer. It, thus, becomes important for NRIs to understand the nuances of the transfer of property.Laws Regarding Property TransferTransfer of Property Act of 1882 defines &lsquo...

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Rights Of NRIs Over Ancestral Property

Rights Of NRIs Over Ancestral Property

NRIs can inherit ancestral properties in India. However, it is important for them to have proper knowledge regarding establishing and maintaining their rights over ancestral properties in order to avoid mismanagement or disputes related to inherited property. There are few things for NRIs to keep in...

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NRI Property Transfer: Legal Aspect

NRI Property Transfer: Legal Aspect

India has always been rich in human capital and Indian diaspora thriving in every country comes as no surprise. Hence, the interest of India’s Non-Residents in investing in India is natural. One of the most constant attractions and interests of NRIs is the real estate sector.Foreign Exchange M...

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Property Buying Tips For NRIs

Property Buying Tips For NRIs

Non-Resident Indians living outside India have been investing in real estate in order to stay connected to their Indian roots. A piece of land or a residential house in their home town or village is considered as one of the best investment options by them.Keeping in view the buying capacity of NRIs,...

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Property Selling By NRI In India: Requirements & Compliance

Property Selling By NRI In India: Requirements & Compliance

Indian Diaspora is constantly expanding around the world. From prominent choice of countries like USA, UK, Canada and Australia to the South East Asian countries like Malayasia, Singapore, Thailand, Vietnam, Myanmar etc.; Indians have made their presence felt through constant migration in search of ...

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NRI Property Lawyers

NRI Property Lawyers

Management of the property and ensuring their rights to property may involve a number of roadblocks for NRIs. NRI property lawyers help NRI clients in dealing with property matters all across India. The property lawyers provide services related to both ancestral as well as investment properties to N...

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Things to Watch while Renting your Property in India

Things to Watch while Renting your Property in India

One of the frequent queries we receive is regarding the renting out of the properties by NRI in India. With this blog we would like to give some important guidelines to be observed while giving property on Rent in India. First and Most important thing to be kept in mind is to take the services of ...

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Rights of Wife on Her Husband's Property

Rights of Wife on Her Husband's Property

‘ My Husband is my Property ………..But Are you Sure that your Husband’s propertyis YOUR property ‘ Indian constitution provides rights to each and every citizen of the nation in accordance with certain terms. Needless to mention it’s extremely important for...

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Ancestral Property

Ancestral Property

Ancestral property is defined as one that is inherited up to FOUR generations of Male lineage and should have remained Undivided throughout this period.For your understanding and clarification the property should have passed on from the Great Grandfather to the Grandfather and from Grandfather to th...

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