Our Services
FEMA Compliance related to Real Estate
Real estate transactions involving NRIs and foreign exchange are strictly governed by FEMA regulations. Whether it’s buying, selling, inheriting, or gifting property in India, FEMA lays down specific rules on ownership eligibility, funding sources, repatriation, and reporting. We assist in ensuring full compliance with FEMA—helping avoid legal complications, ensuring smooth transactions, and safeguarding your property investments in India.
NRI Buying Property – from resident and from NRI
When an NRI buys property in India, the process differs based on whether the seller is a resident or another NRI. Buying from a resident typically involves TDS compliance, fund repatriation norms, and FEMA rules on permissible property types. Purchasing from another NRI adds layers like remittance approvals, overseas payments, and legal documentation. We guide NRIs through each step, ensuring regulatory compliance, smooth fund flow, and hassle-free ownership transfer.
NRI Selling Property – TDS Compliance
When an NRI sells property in India, Tax Deducted at Source (TDS) compliance becomes essential. The buyer is required to deduct TDS at a prescribed rate on the sale amount and remit it to the government. The rate varies based on the nature of the property and the seller’s status. We ensure that NRIs are informed about the applicable TDS rates, timely filings, and the process of claiming TDS credit, helping avoid penalties and ensuring smooth property transactions.
