Tag: NRI buy property Delhi

  • Legal Aspects of Buying Property in Delhi for NRIs

    NRIs/OCIs can freely buy residential and commercial property in Delhi (not agricultural/plantation/farmhouse land). Pay in INR through inward remittance or NRE/FCNR/NRO accounts; avoid cash/foreign‑currency notes. Use a properly attested Power of Attorney (PoA) if signing from abroad. For taxes, if you’re buying from a resident seller/developer, buyers usually deduct TDS u/s 194‑IA (threshold‑linked). If the…