Re: Power of attorney for NRI to buy property Shanthi, Thank you so much...appreciate your time & help. Pranav foundations (Pranav Foundation) is builder ( I have started link) and rate is Rs.4100 per sqft. My BIL is purchasing flat and Iam joining with him in purchase. Other proposal in Royapettah fell down after there was some discrepancy in building approval...didnt go through & we were so disappointed...since location was very nice.
Re: Procedure to apply PAN card for NRI to buy property Dear Shanthi ma'am, yes I will give the link.Thank you so much. I want to meet you some time, since I'm also in Chennai. Love Thanks Divine, Savvyheal
Re: Procedure to apply PAN card for NRI to buy property Dear Viji Ma'am, Here is the link. https://tin.tin.nsdl.com/pan/form49A.html You have instructions also there. Instead of approaching UTI which is only a facilitation centre, go through directly from NSDL. Love Thanks Divine, Savvyheal
Re: Power of attorney for NRI to buy property Does anybody know how much lawyer fees to prepare power of attorney in India? Just rough sketch will be okay. Thank you.
Re: Power of attorney for NRI to buy property viji, I paid 2500 for the poa, it could be +500 with some..this was one year ago.
Re: Power of attorney for NRI to buy property Thank You Shanthi. My husband was speculating lawyers fees could be percentage on the value of apartment which I thought was too high. I hope Rs.3000 should be okay deal. Thanks again.
Re: Power of attorney for NRI to buy property As far as i know percentage comes into play only when it is a broker/property management company. with the lawyer it is a fee. all the best dear.
Hi, It would be nice if some one can answer my queries. 1. Is it possible for the power of Attroney to sell the property without the owner's knowledge? 2. What will happen to the POA in case of the demise of the person for whom the POA is given ? Can his heirs claim a share on the property? Thanks, Preetha