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Category: NRI Property Management

Get the NRI property management services at finest price in India such as property buying/selling property, utility bills and statutory payments, encumbrance/ khata/ patta/ 7/12 certificates, property monitoring, tenant management and vacation inspection to you.

rent property
Tips for NRIs to Rent Property

Tips for NRIs to Rent Property

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Non-residents of India pass sleepless night if they own property or land in India. Its maintenance gives rise to unlimited worries which abandon their sleep. The leading query that frequently catches countless NRIs its prey is tenant management.  Lending a house is quite easy but keeping a watch over tenants time to time is the toughest for all. Why is it so? Against this question of yours, I have some major reasons which drag NRIs to complexities and dilemmas if they hire a tenant: …

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Verification-Of-Tenants
How NRI Can Do Verification Of Tenants?

How NRI Can Do Verification Of Tenants?

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The only thing that keeps the mind of non-residents free from the tension of tenants is awareness. Tenants can cause headache if they don’t pay the requisite amount of the rent on the due date and keep on accumulating it as outstanding dues. Similar is the story of the utility bills, maintenance charges and repair expenses. They take advantage of NRIs who have to spend most of the time outside the country. But a bit of awareness and efforts can prevent them from litigations and unwanted tiffs or disputes with the tenants. Wise heads always favour for police verification to know about their authenticity. Rental income is surely a hidden desire that tempts migrants to lend their NRI property on rent. Doing so can be a profitable deal if an extra care and police verification are done. This verification is conducted by the police that spares no issue of suspicion or any loophole in hiring them. …

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Complete List of Documents for NRI Property Purchase

Complete List of Documents for NRI Property Purchase

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NRI Property purchase requires thorough study of what documents they need to have. Dealing in property is a complex procedure but a little bit of advance knowledge can save the migrants from becoming prey to fraud. However, NRIs prefer to deal in land, villas or commercial property in cash or they have an option of opting loan. For home loan, they should have latest self-attested photos, photocopies of passport & visa, banks statement, salary slip, residential proof of overseas, appointment letter and income proof etc. The documents of property that they are going to purchase should have title deed, prior title deed, latest property tax receipt, Khata, Patta, approved plan, building plan. The real-estate companies or some organizations, like S2NRI, provide help in getting approved building plan, contract of construction, down payment receipt and notice of commencement which are requisite. The registration officer asks for photographs, signature, thumb impression, power of authority and PAN card, OCI/PIO card, passport, photographs, residential proof and authentic POA. …

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utility-bill-payment
How NRIs Can Pay Utility Bills?

How NRIs Can Pay Utility Bills?

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NRI property management sounds easy but it is not. What if the tenant is not ready to either pay off rent or vacate the house? This situation is the most critical and troublesome because owner has to land here in India for taking legal action against the tenant. If the owner NRI is fortunate to have a good tenant then another fear factor penetrates his mind. This is of land mafia, who claims illegal right over his land. If so happens, he has to forget his right over his property for free. …

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Repatriation
How An NRI Does Repatriation of Funds

How An NRI Does Repatriation of Funds

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Living in overseas country opens gateway to gather millions as earning. Sophistication and standard lifestyle ends their hunt for it. But attachment to the native land is natural. Spending decades in foreign country evokes the feeling of homesickness. It is automatic. So, migrants have desire to make a comeback to the land of their origin. And this desire reaches at surge at the time of retirement. At that time, the need for purchasing a piece of land arises.

Need of Repatriation of funds:

Indian government has introduced services for NRIs by relaxing laws in order to invite investment.  Thereby, hordes of migrants have started making investment in NRIs property management. In this procedure, repatriation of fund becomes essential. Migrants secure funds in foreign bank account. Land investment requires millions to sign a deal. So, NRIs have to make transactions from the bank accounts. If they don’t have enough money in their domestic bank account, they have to repatriate it. …

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