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Non Resident Indian NRI

Legal Tips for Indian Residents before they Buy Property in India: NRI Legal Services

“Under the NRI legal services the real estate laws or the property related queries find a special place. There have been cases/events wherein the NRI has entered into a wrong transaction as he/she did not avail a proper online legal consultation from a reputed real estate attorney or lawyer handling property cases and thus leading to a financial loss. There have been numerous cases where the property gets struck in litigation or the possession is not delivered and the buyer has to suffer the losses. Further, for want of knowledge of the real estate laws of India or the property...

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Legal Tips for Non-Resident Indian (NRI) before they buy Property in India: NRI Legal Services

“Under the NRI legal services the real estate laws or the property related queries find a special place. There have been cases/events wherein the NRI has entered into a wrong transaction as he/she did not avail a proper online legal consultation from a reputed real estate attorney or lawyer handling property cases and thus leading to a financial loss. There have been numerous cases where the property gets struck in litigation or the possession is not delivered and the buyer has to suffer the losses. Further, for want of knowledge of the real estate laws of India or the property...

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Legal Advice on Process of Selling Property Owned by Non-Resident Indian (NRI) in India: NRI Legal Services

“Under the NRI legal services the real estate laws or the property related queries find a special place. There have been cases/events wherein the NRI has entered into a wrong transaction as he/she did not avail a proper online legal consultation from a reputed real estate attorney or lawyer handling property cases and thus leading to a financial loss. There have been numerous cases where the property gets struck in litigation as the sale did not happen properly and the NRI has to suffer the losses. Further, for want of knowledge of the real estate laws of India or the...

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Benefits of Real Estate Regulation Act (RERA) for Non-Resident Indian (NRI): NRI Legal Services

“Under the NRI legal services the real estate laws or the property related queries find a special place. There have been cases/events wherein the NRI has entered into a wrong transaction as he/she did not avail a proper online legal consultation from a reputed real estate attorney or lawyer handling property cases and thus leading to a financial loss. There have been numerous cases where the property gets struck in litigation or the possession is not delivered and the buyer has to suffer the losses. Further, for want of knowledge of the real estate laws of India or the property...

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Legal Advice for Registration of Property in India by Non-Resident Indian (NRI): NRI Legal Services

“Real estate laws in India or the property laws in India make it mandatory for the Non-Resident Indian (NRI) to register their properties in India. The Non-Resident Indian (NRI) should always take an online legal consultation from the best real estate attorney in India before proceeding with the registration process of real estate in India. In case of non-compliance or default strict penalties are attracted as per law” While investing in real estate, NRI have to keep few things in mind and one of them is that how significant it is to register the property in India. To avoid unnecessary complications...

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Relevance of Power of Attorney (POA) in Real Estate and its Execution in India: NRI Legal Services

“The best way an Non-Resident Indian (NRI) can sell his/her property or real estate in India and that too without coming to India is to execute a Power of Attorney (POA) in favour of a resident Indian in India. The entire process can be executed by obtaining online legal consultation from a best property lawyer and execution of proper documents prepared by a real estate attorney in India.” It is troublesome for NRIs to frequently come to India and during the corona pandemic, it became even more hard for NRIs to travel back and forth to India. That’s where the concept...

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Foreign Investments in India & it’s Inherent Benefits

In the last past five years there has been a steep increase in the foreign investments in India. These investments are being done by both the Individuals as well as the Corporations and ranges from investments made across different sectors i.e. Real EstateInformation TechnologyInfrastructure DevelopmentDefence & Ship BuildingTechnology Based StartupsSpace TechnologyE-Commerce & M-Commerce The foreign investments in India are being done because of the inherent benefits attached to it i.e. Stable GovernmentSafety & Security of Investments by way of Legislations, Government Interventions and Judicial DictumsEducated, Skilled & Talented ManpowerHigh Gross Domestic Product (GDP) & Economic Growth ProspectsBetter Return on Investments (RoI)Push for Make...

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Growing Business Opportunities in India: Legal Perspective

From the year 1991 and up-till today, India has witnessed a plethora of changes both at the macro level as well as the micro level in its economy. The same has led to a lot of small and micro level industries to flourish which specifically includes Startups, SMEs and the MSMEs respectively. Furthermore, changes have been brought in the legislations which deals with the business and commercial space which includes changes in the legislations with respect to the Insolvency & Bankruptcy, formulation of new rules for the protection and safeguard of the Intellectual Properties (IP), changes in the laws relating...

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Recovery of Debts by Corporate: Recovery Suits

This is a very common form of debt recovery that companies always prefer before the Courts of our nation nowadays. The procedure is a bit lengthy considering that both the parties in the loan recovery dispute, i.e., the company and the borrower, are given an equal opportunity to plead their cases and the evidence is given more of consideration. This form of a suit is more preferred by the corporate houses while considering the aforementioned reasons. While filing such a suit, a primary preference is given to the place where the defaulting borrower resides. To state a point of caution,...

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Settlement Deed & Transfer of Property by a Non Resident Indian (NRI)

A Non Resident Indian (NRI) who have left India and/or are either staying abroad or have obtained the citizenship of a foreign country have their immovable properties and/or real estate in India. The said immovable properties or estates are in the form of either a joint ancestral property (which is being inherited) and self-acquired properties (which is/are self-purchased or self-owned) respectively. In case of the self-purchased/self-owned properties there exists no problem with respect to any share and/or partition as the same is the absolute property of the person or the Non Resident Indian (NRI) in the present case whereas when the...

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