NRI Selling Property in India? Avoid Costly Mistakes & Maximize Your Profits – Here’s How!
A Complete Guide to Selling Your Property in India as an NRI It may appear daunting to sell property in India as an NRI, but if you know the ropes, it is not that difficult. To start off, first let's learn about the types of properties you can sell and to whom. What Kind of Properties Can NRIs Sell in India? NRIs are entitled to sell residential and commercial properties in India to: - Resident Indians - Other NRIs - Persons of Indian Origin (PIOs) Still, selling agricultural lands, farmhouses, or plantation properties is restricted. If you inherit these properties, resident Indians are the only buyers entitled to purchase them. For the majority of inherited properties, there are no sale restrictions. But if you inherit property from a non-Indian origin person, there can be extra rules you must comply with. Restrictions on Selling Inherited Property Selling inherited property is usually the same as selling any other NRI property, but there are so...