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A
Ankita Mahajan

Can an NRI give residential property in India to a brother as a gift?

1 Answer
V
Vratesh Kapoor

Surely, NRIs can give their brothers, as well as their other siblings, residential property in India. Nonetheless, the property transfer must adhere to the guidelines and laws outlined by the Income Tax Act and the RBI. Property transfer must also be properly documented, including with a gift deed, and registered with the relevant authorities.

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