How do I sell my property in India?

What is the best way to sell property in India?

Tips to close the deal of selling your property fast

  1. Ask for the right price.
  2. Read about the market trends.
  3. Bring out the best in your property.
  4. Market your property well.
  5. Establish a personal connection with the potential buyers.
  6. Conclusion.

What documents do you need to sell a property in India?

If you are planning to sell a property , the documents are very important . A property with clear documentation and title commands a higher price in the market.

  • These are the documents you need to have in order:
  • Letter of allotment. …
  • Sale deed. …
  • Sanctioned plan. …
  • Society documents. …
  • Encumbrance certificate. …
  • Sale agreement.

Can I sell my property in India from abroad?

If you are a Non-Resident Indian, you can sell the property to a Resident Indian without restrictions. If the buyer is a Non-Resident Indian or a Person of Indian Origin (POI), you may need the approval of the Reserve Bank of India (RBI). You are not allowed to sell the property to a foreigner.

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Which is the best site to sell property in India?

Top 10 Best Real Estate Website To Buy/Sell Their Property in…

  • 99Acres. One of the popular names in the industry, 99 acres is included in one of the premium real estate web portals of India. …
  • MagicBricks. …
  • Housing. …
  • Common Floor. …
  • OLX Homes. …
  • Quickr Homes. …
  • Sulekha Properties. …
  • Makaan.

What is the process of selling property?

Steps involved in the Sale of a Property

Deciding to sell and choosing an agent. Agent will be in charge of advertising, showing and completing the legal requirements of selling the property. Make a plan for listing, showing and selling your property. Determining the selling price and property inclusions come next.

What is the tax on selling property in India?

Long term Capital Gains on sale of real estate are taxed at 20%, plus a cess of 3%, if the sale fulfils certain conditions. If you sell a property that was gifted to you, or that you have inherited, you will still be liable to pay capital gains tax on it.

Is Aadhaar mandatory for selling property?

Aadhaar is accepted as a identity proof for property registration and land mutation. However, no provision in the law makes it binding on the buyer to provide his unique identification number for these purposes. … If the verdict goes in favour of the petition, Aadhaar would become mandatory to register property.

Can NRI sell property without visiting India?

An NRI can sell his/her residential or commercial property to either a person residing in India, another NRI or a person of Indian origin (PIO). … However, if the property is an agricultural land or farming development, it can only be sold to a resident Indian citizen.

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Can NRI sell property in India without PAN card?

Property is an important resource, and for ages, it has been an exceptionally time-consuming and taxing process to sell property in India from overseas. … In order to enter into a property transaction, it is not necessary for an NRI or a PIO (origin being dated up to the fourth generation of ancestry) to have a PAN card.

Can a person of Indian origin sell property in India?

A PIO can sell non-agricultural property/land to resident Indian. But PIO cannot sell agricultural land or plantation property or farm house to a resident Indian. … The only exception is that agricultural land cannot be gifted to NRIs or PIO. Agricultural land or plantation property or farm house can only be inherited.

Can NRI transfer property in India?

A NRI may transfer any immovable property in India to a person resident in India. He may transfer any immovable property (other than agricultural land or plantation property or farm house) to an Indian Citizen resident outside India or a PIO resident outside India.

Do NRI pay TDS on property?

If an NRI is selling property in India, the buyer is required to deduct TDS at the rate of 20% in case of long-term capital gains. However, if the property is sold before two years, TDS shall be deducted at the rate of 30% as a short-term capital gains tax.

How can I sell my house quickly?

Quick tips to sell your home faster

  1. Choose the Right Broker. …
  2. Check Your Curb Appeal. …
  3. Ensure That Your House is Sparkling Clean. …
  4. Register Your Property Online. …
  5. Make Minor Repairs. …
  6. De-personalise, De-Clutter and Tidy Up. …
  7. Highlight the USP of the House. …
  8. Ensure that You are Flexible.
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Is 99 acres com safe?

THIS WEBSITE IS A FRAUD NEVER GO FOR THEIR PAID SERVICE BECAUSE THERE IS NO SERVICE.

How do I sell my plot?

Answers ( 3 )

  1. You can sell your plot on various real estate websites.
  2. Visit the Facebook real estate group of your locality and post your property ad there.
  3. You can prompt your property advertisement on social media as well.
  4. Mention the property details in the advertisement.