Every NRI or prospective NRIs must have heard people advising them about the Power of Attorney (POA). It is a powerful instrument for NRIs living abroad and managing their assets in India. NRIs should have adequate knowledge about the legalities involved in the regulation of power of attorney in matters where they have properties and …
How Power of Attorney Helps NRIs To Manage Their Property In India? Read More »
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 mind while dealing with ancestral properties. We, at Raj …
NRIs settled abroad commonly rent out their properties in India. It is also considered as a convenient way to have a stable source of income by a lot of NRIs. But sometimes, this gives rise to conflicts and disputes regarding tenancy. We, at Raj & Kanwar Legal Advisors, cater to the NRI community in diverse …
NRIs have their ancestral properties which include agricultural land, farmhouse, residential house and commercial properties in their native places in India. Usually, these properties of NRIs are either jointly owned or given to their relatives, tenants or some third party to take care of in their absence. As the NRIs cannot frequent India to take …
How NRIs Can Safeguard Their Properties From Illegal Possession & Encroachment Read More »
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, the Government …
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 jobs and better living. NRIs are like any other human and …
Property Selling By NRI In India: Requirements & Compliance Read More »
A cheque bounce case is considered as a financial offence in India which can cause legal trouble for the issuer. NRIs settled abroad are required to be well-informed about the implications and legal consequences of a cheque bounce case. Section 138 of the Negotiable Instruments Act, 1881 is the primary law that governs cheque bounce …
Although there is an immense growth in NRIs investing in properties in India for future use, there has also been an alarming increase in number of cases where NRIs have witnessed dilemmas when it comes to dealing with real estate matters. Homebuyers and property investors have a fear of unscrupulous and dishonest developers in the …
It is common for NRIs to own properties across India. In order to ensure proper upkeep of the properties, NRIs tend to rent out these properties. However, since it is not feasible for NRI property owners to regularly visit their rental properties; landlord tenant disputes may arise. The rights and duties of both landlords and …
