NRIs (non-resident Indians) play a vital role in the development of real estate in India. However they face problems in selling their properties in India. Some useful tips are provided to reduce sale tax liability.
NRI faces Sales Tax Liability in Selling of their Real Estate Property.
Before selling the property an NRI must be aware of some basic rules and regulations which govern the sale of any property in India.
As real estate investment is considered as the most suitable option for investment, NRIs are tempted to invest more on properties especially in hotter areas like Mumbai or Bangalore. Continue reading