i am Nri and want to buy a property in india.

First, you should conduct due diligence on the property. Thereafter, enter into an agreement for sale. If the seller is an NRI, the TDS clause is important. If the seller is Indian, you should schedule an appointment with the Sub-Registrar, and the registry will take place.

First of all, you should get the Due Diligence of the property thereafter, enter into an agreement for Sale, if the seller is also an NRI then TDS clause is important, if the Seller is Indian, then an appointment is sought with the Sub-Registrar office the Registry takes place.

NRIs can legally purchase immovable property in India, and the process is quite straightforward when done in compliance with the Foreign Exchange Management Act (FEMA). NRIs are permitted to buy residential and commercial properties without any special approval from the Reserve Bank of India. The only restriction is that they cannot purchase agricultural land, plantation property, or farmhouses, unless such property is received through inheritance.

When acquiring property, NRIs may do so through purchase, inheritance, or gift. A purchase can be made from an Indian resident, another NRI, or an OCI. Inherited property is also fully permissible, regardless of type. Gifts of residential or commercial property are allowed from residents, NRIs, or OCIs. All payments for such transactions must be routed through normal banking channels in India, using NRE, NRO, or FCNR accounts. Cash payments are strictly prohibited under FEMA guidelines.

In terms of documentation, NRIs typically require a valid passport, PAN card, and OCI/PIO card if applicable. Many NRIs also choose to execute a Power of Attorney in favour of a trusted representative in India to handle registration or bank formalities on their behalf. Compliance with tax requirements is also important - TDS may apply depending on the nature of the transaction, and stamp duty and registration charges must be paid at the time of registration. Additionally, FEMA permits NRIs to repatriate the sale proceeds of up to two residential properties, subject to tax clearance and banking compliance.

For NRIs exploring property investment in India, it is essential to conduct proper legal due diligence, verify title documents, and assess developer credibility, especially for under-construction projects. Engaging a real estate lawyer can significantly streamline the process and help ensure smooth, compliant execution from documentation to registration.

If you need assistance with property verification, compliance, or end-to-end legal support for your purchase, our team would be happy to guide you.

Please note that the above is a preliminary overview and should not be construed as a legal opinion. A comprehensive analysis would follow once we have clarity on the specific facts of your proposed transaction and the documents involved.