Complete NRIs Checklist to Buy Property in Bangalore 2025 Update

Buying property in Bangalore from abroad means extra steps. Follow this easy, step-by-step checklist to stay clear, legal, and stress-free.

1. Verify Property Title: Confirm the seller holds a clear title, with no unpaid dues or mortgages.
2. Check Seller's Identity: Match their PAN card, Aadhaar or OCI/PIO card, and company registration or TAN.
3. Land Use & Approvals: Ensure land use is correct and that construction plans, building permits, and the Occupancy Certificate (OC) are in order.
4. Taxes & Mortgages Paid: Ask for receipts to prove all property taxes, mortgage dues, and other claims are settled.

1. PAN Card & Aadhaar: If you lack a PAN, apply now and link it to your Aadhaar.
2. NRE/NRO Bank Accounts: Open an NRE account for repatriable funds and an NRO account for rent or local income.
3. Sale Agreement: Draft a clear agreement listing payment schedule, handover date, and penalty clauses.
4. Property Registration: Register the sale deed at the local sub-registrar office to make ownership official.

1. Home Loans: Compare NRI home loan offers from Indian banks—look at interest rates, fees, and repayment terms.
2. Funding from Abroad: Transfer money through your NRE/NRO accounts or use designated foreign currency accounts as per RBI rules.

1. Rental Income Tax: NRIs must pay tax on rent; tenants deduct TDS at 31.2%.
2. Capital Gains Tax: Learn about short- and long-term capital gains and plan selling timelines to reduce tax impact.

1. RERA Compliance: Confirm the project's RERA registration number and read its approved plan online.
2. Physical Verification: Visit the site if you can or request a live video tour to inspect quality, amenities, and neighbourhood.

1. Use PoA Wisely: Grant a limited Power of Attorney to a trusted relative or lawyer for document signing and key collection.
2. Sale Proceeds Repatriation: RBI rules allow NRIs to send sale money abroad for up to two residential properties—keep sale deeds and bank proofs handy.

1. Real Estate Consultant: Engage an NRI-friendly agent to guide you through local pricing and negotiations.
2. Legal Advisor: Hire a property lawyer to review all documents, agreements, and PoA to avoid surprises.

By following these steps—checking titles, gathering the right papers, securing finance, handling taxes, and working with experts—you'll buy your Bangalore home confidently in 2025. Happy property hunting.

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