Range of Services provided by us for Real Estate transactions:
- Identification of buyers, if required
- Complete documentation of the properties
- Negotiation with the seller/buyer/third parties
- Drafting of sale and purchase agreement
- Effecting Registration of the sale deed with the revenue authorities
- Consultation about repatriation of funds, compliances and taxation matters
- Complete documentation for repatriation of funds
- Banking support ( if required )
- Drafting and assisting for Power Of Attorney (POA)
Our Offices in India are closely associated with qualified Chartered Accountants, who are able to guide, structure and handle all tax related compliances and implications with relevant laws and statutes of the Government of India that are applicable to NRIs. Our team of expert professionals also advise and assists our clients with repatriation of funds to their country of residence.
Services we offer in context to taxation and repatriation of funds related to buying and selling of property in India are:
- Chartered accountant Services: Consultation, Clearances and appropriate certifications by Chartered Accountant certifying that the amount proposed to be remitted is eligible for remittance and that applicable taxes have been paid / provided for.
- Compliances of taxes: Our associated CA’s will work out with all Calculation of taxes and compliances and assistance in paying the same along with ancillary work for completion of the transaction.
- Banking Support: We provide full guidance and co-ordination with the banks for opening of the required accounts, preparing documents and fulfilling the requirements till the process gets completed. We further provide full guidance and assistance for remittance of funds to foreign accounts strictly as per the rules and guidelines for banks in India set by Reserve Bank of India
NRI’s Property Ownership and Investment in India
Real Estate market globally is both tricky and unpredictable and the same is the case in India as well. As tremendous real estate projects development is going on and wide range of options are available for investment in residential, commercial and industrial in India, so, it explicitly becomes very difficult for NRIs to decide where to invest their money in credible and reliable projects, as they don’t have the on ground factual understanding of the real estate market here. We at NRI Global Services offers such interested people/groups/entities for Investment in India with reliable assistance due to our years of expertise in buying and selling property in India. We have the required competence in handling the plethora of real estate property matters with a sound awareness of the most competitive costs and fees involved in a transaction.