Can NRI buy property in India through an appointed of POA?

96 votes

A Non Resident can purchase a residential property in India through a Power of Attorney (POA). However the Power of Attorney must be signed in the presence of 2 witnesses and notarised by the Indian Consulate/Embassy.

The POA must be registered with the Sub Registrar/SDM Office and once registered it can be used for registration of the property in the buyers name.

Please do ensure that the POA executed is for a specific purpose such as purchase of the property.

Also do ensure that the remittance is through proper banking channels as per RBI guidelines.

LawRato LawRato

557 votes

Hi, General Power of Attorney is sufficient if he executed a General Power of Attorney then you can register the property to in the name of his sister, you need not ask any documents from him as you are going to sell the property.

Advocate Pradeep Bharathipura LawRato

640 votes

Power of attorney needs to be drafted using the previous sale deed, khata and tax paid receipt. After the same is done the grantor has to take a print is the country he is residing and thereafter send to to India to his sister. After the same is received in India it has to be acknowledged by the concerned District Registrar by paying necessary stamp duty.

Advocate Tanushree Sahani LawRato

968 votes

A Non Resident can purchase a residential property in India through a Power of Attorney (POA). However the Power of Attorney must be signed in the presence of 2 witnesses and notarised by the Indian Consulate/Embassy. The POA must be registered with the Sub Registrar/SDM Office and once registered it can be used for registration of the property in the buyers name. Please do ensure that the POA executed is for a specific purpose such as purchase of the property. Also do ensure that the remittance is through proper banking channels as per RBI guidelines.

Advocate Praneeta Sharma LawRato