New York, Michigan, California, Florida, Illinois, New Jersey, Texas, Virginia, Pennsylvania, Georgia, Maryland
Country: United States
If you are planning to purchase land or property in India, then you should be aware of the land registration process in India and the associated property registration process before jumping in. The better informed you are, the better decisions you will be able to make. You should have an idea of what is land registration in India and why it is important. You should also be aware of the process for land registration or the property registration process in India. Finally, as an NRI or a person of Indian Origin, you should also know how to obtain a Power of Attorney in case you will require someone to execute documents on your behalf.
You should also know that the land registration process in India or the property registration process is not too complicated. As an NRI, you need to make sure that you verify the property or land you’re about to purchase. Do some research online before starting the process of land registration or the property registration process. Do not blindly trust third-parties when they tell you about investment opportunities in India. Perhaps you could also consult with a trusted relative, spouse or colleague to inspect the property before drawing up a Power of Attorney for them. This way, you can be sure that you are doing the right thing when you are completing the land registration process or property registration process in India.
Land or Property Registration in India is done so that the legal ownership of the land or property is transferred to the new owner. The Registration Act of 1908 still applies when it comes to property or land registration in India. The purpose behind creating this act was that all the information regarding immovable property would be correctly maintained. You should know that it is compulsory to register all immovable property in India, within four months of the date of execution.
The following people can complete land or property registration in India:
One of the questions that most NRIs would have is whether they would have to be physically present in India in order to complete their land or property registration process. The good news is that no, you will not have to be physically present. But, you will need to attest a Power of Attorney at the nearest Indian Embassy and then mail it to India. This Power of Attorney will allow a chosen person to execute documents on your behalf, thus freeing you of the responsibility of having to be physically present.
8 Steps to Completing your Land or Property Registration
This article has, hopefully, shed a little more light on the land registration process or property registration process in India. You should now find it easier to complete the process for land registration after having understood what is land registration, what are the steps you need to take, and how you can file a Power of Attorney in case you cannot be present in India. Armed with this information, we are sure you will take the right decisions on your investments in India.
Double Taxation Avoidance for NRI's, Taxation Rules for NRI's Properties in India
Q: What is an OCB(Overseas Corporate Body)?
A: OCBs as the name suggests are corporate bodies, businesses, charities, trusts, or any other body which is owned to an extent of atleast 60% by persons of Indian origin residing outside of India....
Q: Can a citizen of another country, use his PIO status to gain dual citizenship?
A: A bill was passed to grant dual citizenship to PIOs on 22nd December 2003. The bill received the approval of the president on January 7, 2004. This will help grant to PIOs of full age and their...
Q: Can an NRI vote in the Indian Government elections
A: As of now, India does not have an absentee ballot system. Section 19 of The Representation of the People Act (RPA)-1950 allows a person to register to vote if he or she is above 18 years of age and...
Q: Can an NRI grant a power of attorney to a resident of India
A: An NRI is free to grant Power of Attorney to a Resident. However, such Power of Attorney is restrictive. The Power of Attorney holder can do local operations and give deposit renewal instructions....
Q: Can resident Power of Attorney holder operate on the NRE accounts
A: Yes, but only for local payments to be made on behalf of the account holder. In cases where the account holder or a bank designated by him has been granted permission by Reserve Bank to make...
Business and Finance
Immigration & Visa
Return to India
Indian-origin man arrested after infant's death in US - Times of India
American Pai in the sky: The Indian-American who has ignited furious debate by seeking to torch net neutrality - Times of India
Kennedy Center receives $1 million aid for Indian cultural performances - Times of India
Congressional committee votes to increase minimum salary of H1B visa - Economic Times
Japan to relax visa regime for Indians from January 1 - Economic Times
Impact Of FATCA On NRI Property in India
Power of Attorney for NRI to Sell Property in India
Which Bank is Safe For Fixed Deposit in India
Repatriation of Pension from India to USA
OCI and PIO Merger
5 Steps to Get your Indian Passport Renewal in USA
5 Most Famous Hindu Temples in USA
How to Get Aadhar Card for NRI
10 Important Things NRIs Buying Property in India Must Know
Tax Rules for NRI to Buy/Sell Property in India
Telugu Association Membership
New Jersey Telugu Association Membership - 2017
, New Jersey
2017-12-31 To 2017-12-31
Winter Mela 2017
2017-12-17 To 2017-12-17
Masquerade New Years Eve Gala
Annual Home Tour
Annual Candle Light Home Tour
Desi New Years Gala
Desi New Years Gala - A Bollywood Style Venetian Masquerade Ball
, New York
2017-12-31 To 2018-01-01
Disclaimer - The content on this site is for informational purposes only.
Copyright © 2017 Videshi.com
Please login to make this action
You can save this page with current page title or you can create new page title.