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Vinay Batra

Can an NRI rent property in India?

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N
Nikhita Chopra

NRIs can rent out their real estate in India but must adhere to the Income Tax Act and RBI guidelines. They must have a PAN card and an NRO/NRE account, return rental income to the country, and follow local rental laws and regulations. Hiring a reputable property management business to assist with rental agreements, tenant screening, and property maintenance is advisable.

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