NRI Property Management Services in India
While living abroad, owning and managing the property in India can be a challenging step, especially with the local regulations, legal compliance, to financial transactions, NRIs often face challenges in ensuring their property is handled smoothly and transparently without any legal issues.
At KDP Accountants, we provide end-to-end NRI property management services in India. With the help of our specialized experts, we ensure that all filings are accurate and compliant, so you can enjoy peace of mind while we take care of the rest.
Key Services of Property Management Services for NRI:
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Acquisition / Liquidation / Lease of Property: We work closely with a top-notch property consultant to help you acquire, sell, or lease property in India. From documentation to regulatory compliance, our team ensures every step of the transaction is managed efficiently, protecting your interests at all times.
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Drafting and vetting of Legal documents: Our legal and secretarial team assists with drafting & vetting of purchase/sale agreements and lease deeds (for renting). The team will assist with end-to-end documentation and registration of your legal documents.
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Gift of properties: For tax or estate planning purposes, if you wish to give or receive a gift of any immovable property in India, our legal & secretarial team will assist with end-to-end documentation drafting/vetting and registration of the same. If required, our tax team would assist with evaluating the tax implications of such gifts in India and in your home jurisdiction.
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Repatriation of Funds: Whether it’s sale proceeds from property liquidation or rental income, we help you repatriate your funds abroad in compliance with Indian laws and FEMA guidelines. Our expertise ensures a seamless transition, saving you from unnecessary delays and complications.
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Lower Tax Deduction (LDC) for Property Sale: TDS is usually deducted at a high rate when an NRI sells property in India. However, when obtaining a Lower Tax Deduction (LDC) from the IT department, the TDS can be reduced. Our professionals will assist you with filing applications for LDC, ensuring all documents are accurate, coordinating with tax authorities, ensuring payment of tax, and avoiding unnecessary blocking of funds.
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Maintenance of your property: At kdp, we have a specialized team that assists with maintenance/repairs of your property in India. The team shall ensure that all society invoices are thoroughly checked and that dues are paid on time.
Why Choose KDP Accountants
- Trusted advisors since 1955 with expertise in NRI services.
- Complete compliance with Indian tax laws and FEMA regulations.
- Personalized assistance for smooth property transactions.
- Transparent process with professional execution.
Get Expert Help on NRI Property Management Services:
Managing property in India is not so stressful. Let KDP Accountants handle the complexities. Contact us at enquire@kdpaccountants.com to know how we can assist you with your property management needs.
