NRI Discussions

I bought a 3 BHK in My Home Sayuk, Tellapur a few years ago when I was working in Hyderabad. I have since moved abroad, and I'm now considering selling the flat rather than holding it as a long-term investment. The property side seems fairly straightforward. The part I'm less clear about is the process because I'm now an NRI. A few things I'm trying to understand before I actually put the flat on the market: How the TDS under Section 195 will work when the buyer purchases the property from me? Whether I should use a Power of Attorney for the sale since I currently live abroad? What documents the buyer, bank and registrar will need from me? How the capital gains tax will be calculated? Whether the sale proceeds can be transferred back to my overseas account and what FEMA conditions apply? Whether the money first needs to come into my NRO account and what the repatriation limits are? For context, My Home Sayuk is a 25.37-acre project with 12 towers and 3,780 apartments. The project has also received its occupancy certificate, so I'm looking at an actual sale rather than an under-construction transfer. What I'm trying to figure out is whether there are any NRI-specific complications that people usually discover only after finding a buyer. For anyone who has sold a Hyderabad property after moving abroad, how did you handle the POA, TDS, capital gains and repatriation? Did you use a CA and property lawyer from the start, or was the process manageable through the bank and builder?

Hey all, As an NRI, the rupee fall made me think this might be a great time to buy property in Hyderabad. But when I check prices in areas like Kokapet and Financial District (around ₹2-2.2 Cr for a 3 BHK), they still seem high. Builders like My Home, Prestige, and Rajapushpa are asking for hefty amounts, and brokers keep saying it’s a good time due to the rupee, but I’m not sure if that’s just sales talk. Is this really a good opportunity, or am I just being influenced by the weak rupee? What’s the ground reality for those living there? Is the market overhyped, or is there actual value to be found?

I'm thinking about getting an NRI credit card for my travels to India. Are there any specific benefits that make it worth applying for?

Can someone explain what an SBI NRI account is and why it's useful for NRIs?

I'm an NRI and recently moved to the US and living with my elder brother who is here from last 10 years. My brother has bought two 4 BHK properties in Hyderabad as investments and now planning to exit those investments and book the profits. What's the process if we would want to do these transaction without having to travel back to India. Also if I want to make more investments in the Indian Real estate, can i still do it from abroad. Can NRIs buy any type of property in India?