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Sadgun Bajwa

Can an NRI sell property in India?

1 Answer
H
Hrishikesh Kulkarni

In India, NRIs may sell residential and commercial real estate, provided they abide by all applicable laws and regulations. NRIs must obtain a PAN card and pay the relevant capital gains tax on the sale. Subject to the RBI-specified limits, NRIs may also repatriate the proceeds of sales made in India.

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