Selling Property In India For NRI

Real estate market in India, particularly in growing cities, is one of the many financially rewarding investment opportunities for Resident Indians as well as NRIs. Many NRIs own residential and/or commercial properties in India for a variety of reasons, including investment. Re-investing or selling property in India for NRI is not difficult but comes with certain rules and regulations that are different from that for a Resident Indian, making it complex.

The complexity ranges from knowing the procedures, meeting the compliances, paying the correct and minimum taxes, bank account solution for receiving the money, repatriating the funds, following the regulations of RBI, FEMA PMLA, and Income Tax Act, and so on.

This results in a fair amount of confusion about implications for NRIs who want to sell/ purchase/ manage any house property that they may have in India. We at Cosmic Property Management specialize in offering NRI property sale services in Hyderabad & Bengaluru  a complete solution to the NRIs and individuals from countries other than India, who want to sell their property in India.

Why Choose us for Selling Your Property in Hyderabad & Bengaluru for NRI

  • We can serve as the authorized representative for non-resident Indians (NRIs) when it comes to the registration procedure
  • We can assist in getting the property transferred to the name of the NRIs (in case it is not in their name)
  • We can aid in obtaining necessary paperwork, provide precise drafting and reviewing services, and diligently preserve crucial documents.
  • We can provide the necessary support in opening the necessary Bank accounts
  • We can assist the individuals buying the property from the NRI in meeting all the necessary compliance requirements.

We also offer specialized solutions to specific situations like:

  • Sale of property by an NRI to another.

  • Sale of property acquired by inheritance.

  • Sale of property received as a gift.

  • Sale of Agricultural land or farm house.

KNOWING AT WHAT PRICE TO SELL IS VERY VERY IMPORTANT

 

PRICING A PROPERTY IS ONE OF OUR CORE COMPETENCIES

BASED ON CPM FUNNEL, WE KNOW THAT PERCENTAGE OF BUYERS WILL VIEW PROPERTY

 

OUR COMPARATIVE MARKET ANALYSIS

IS KEY TO DETERMINING RIGHT MARKET PRICE

TWO KEY FACTORS THOSE WE CONSIDER ARE
1. SIMILAR PROPERTIES THOSE ARE LISTED
2. SIMILAR PROPERTIES THOSE HAVE BEEN SOLD

Property Sale Service Procedure:

Dedicated Property Manager

Advertisement and viewing

Agreement & Registration

Property inspection

Buyer screening

Facilitate payment

Photography

Complete society formality

Negotiation and MOU

Repair & Maintenance

TDS & Taxation