When an NRI wants to buy property in India, he/she can do it easily. Even NRIs don’t need PAN card to buy property in India (In specific conditions). But when it comes to NRI selling property in India, most of the NRIs get confused about how it can be done.

Are you also among those NRIs who want to sell property in Bangalore, India? If yes, then you need to know the procedure for NRI selling property in Bangalore. By going through the stated below procedure, you can be able to learn how an NRI can sell property in Bangalore, India.

What Is the Process for NRI Selling Property in Bangalore?

Whether you want to sell inherited or otherwise property in Bangalore, you need to follow a few terms and conditions. Obviously, being an NRI, you don’t have time to search for a buyer to sell your property in India. You can sell all sorts of your properties i.e. commercial, residential and even agricultural land to anyone in India.

Here, you need to remember that you can sell your commercial and residential property to other NRI, but when it comes to selling agricultural land or farmhouse, you need to look for an Indian buyer. Here, you need to remember that NRIs can sell their commercial or residential property in Bangalore to either an NRI/PIO or someone residing in India.

Also read about how NRI buying property in Bangalore

How NRIs Can Sell Their Property in Bangalore?

When it comes to learning how NRIs can sell their property in Bangalore, you need to know the complete procedure.

So, let’s keep reading stated below points to understand how you can sell your property in Bangalore as an NRI.

• Choose a brokerage company in Bangalore to get comprehensive valuation of property conducted. For this, you need to seek help from Vasu Jain, one of the top property consultants in Bangalore. She can help you determining the actual value of your property in India.
• Being an NRI, you also need to bring all necessary documents related to property sale. If you may not be available at the time of selling your property in Bangalore, you need to give power of attorney to someone who can act on your behalf.
• When it comes to NRI selling property in Bangalore, one thing can’t be ignored i.e. tax. So, you need to know the tax liabilities before selling your property in Bangalore.
• Whether you want to sell inherited or otherwise property in Bangalore as an NRI, you need to go through legal process. Thus, you need to seek help from a real estate company in Bangalore. Subh Homes can be of great help when it comes to NRIs selling their property in Bangalore.

What Are the Documents Required for NRIs Selling Their Property in Bangalore?

Being an NRI when you decide to sell your property in Bangalore, you first need to know about legal documents. Of course, you need to know about required documents that can help you selling your property in Bangalore as an NRI.

So, let’s check out documents required for NRIs selling property in Bangalore, India.

1 – Passport

When you decide to sell your property in Bangalore as an NRI, you first need to provide your proof of identity. This is the point where you need to submit your passport.

Your passport also indicates your citizenship of country. It means that without passport, you may not be able to sell your property in India as an NRI.

2 – PAN Card

However, NRIs don’t need PAN card for buying property in India, but when it comes to selling property in India, they need to opt for a PAN card. If you want to buy any sort of property except agricultural land in India, you don’t need to have a PAN card.

But when it comes to selling your property in Bangalore, you first need to have a PAN. A PAN card is needed for selling property in Bangalore as it can help NRIs going through taxation process easily.

3 – Tax Returns Documents

If you are going to make money out of your property in India, you need to be ready to face tax returns. Whether NRIs are earning money through renting property or valuation of the property in Bangalore, they need to provide tax returns documents to sell their property in Bangalore.

So, when it comes to NRIs selling property in Bangalore, they need to provide tax returns documents.

4 – Address Proof in India

When you decide to sell your property in Bangalore as an NRI, you need to provide address proof for the same.

You need to provide ration card, Aadhar card, electricity bill, voter card, insurance policy statements, etc. as address proof in India.

5 – Sale Deed

Whether it is about buying or selling property in Bangalore, you need to concentrate on sale deed. Here, you need to know that sale deed is a kind of legal binding agreement especially between the two parties who are either selling or buying property in India.

So, when it comes to selling your property in Bangalore as an NRI, you need to get sale deed prepared.

6 – Documents to Authenticate No dues on Seller

When you determine to sell your property in Bangalore as an NRI, you need to arrange documents from society. These documents are required to prove that the seller or NRI has no due payments to the given society.

Moreover, an occupation certificate should be displayed to authenticate that apartment or other property is owned by the NRI.

Do You Still Need Help for Selling Your Property in Bangalore as an NRI?

If you want to learn how NRIs can sell their property in Bangalore, you need to seek help from one of the top property consultants in Bangalore such as Vasu Jain. She is the owner of Subh Homes, a real estate brokerage agency in Bangalore.

Being one of the top real estate agents in Bangalore, Vasu Jain helps NRIs buying and selling property in Bangalore. Whether it’s about buying residential or commercial property in Bangalore, Vasu Jain helps NRIs to get best deal on buying property in Bangalore.