WENSBRIDGE Services
NRI Property Services
End-to-end property acquisition, management, and advisory for Non-Resident Indians
About This Service
Buying property in India as an NRI involves navigating FEMA regulations, POA requirements, tax implications (TDS on property purchase from NRI), and the challenge of managing assets remotely. Our NRI services practice provides structured support from property search through acquisition, rental management, and eventual sale.
What You Receive
- FEMA eligibility note for intended purchase
- Curated property shortlist with due diligence summary
- POA drafting guidance (with empanelled advocate)
- TDS compliance checklist (Section 195)
- NRO/NRE fund transfer advisory
- Post-purchase property management coordination
How the Process Works
- 1
FEMA & Eligibility Assessment
Review of NRI/PIO/OCI status and applicable FEMA rules for the intended property type.
- 2
Property Search & Shortlisting
Curated property options based on requirements, budget, and location preferences.
- 3
Due Diligence & RERA Verification
Title verification, RERA registration check, and developer credibility assessment.
- 4
POA & Transaction Support
Assistance with Power of Attorney drafting, NRO/NRE payment routing, TDS compliance, and registration.
- 5
Post-Acquisition Services
Property management, rental management, utility transfers, and society registration support.
Frequently Asked Questions
OCI (Overseas Citizen of India) cardholders can purchase immovable property in India on par with NRIs, except for agricultural land, plantation property, and farmhouses, which require prior RBI approval. They can freely purchase residential and commercial property.
When an Indian resident buys property from an NRI, TDS under Section 195 is applicable on the total sale consideration (not just the gain) at 20% for long-term capital gains or 30% for short-term, subject to DTAA benefits. The buyer is responsible for deducting and depositing TDS. We strongly recommend consulting a chartered accountant for transaction-specific advice.
Interested in NRI Property Services?
Reach out to discuss your requirements and how we can support you.