NRI Gift Deed of Agricultural Land in Haryana

A gift deed allows the owner to transfer property voluntarily without receiving monetary consideration. Gifting property in Haryana involves compliance with the Transfer of Property Act, 1882, the Foreign Exchange Management Act, 1999 (FEMA), applicable income tax provisions and Haryana’s property registration and stamp duty rules. This blog explains the legal framework for gifting property […]

NOC for Selling Property in India: A Guide for NRIs

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Buying and selling immovable property in Punjab, Haryana or Chandigarh is not merely of executing a sale deed and presenting it before the Sub Registrar. Depending upon the location and legal status of the property, the transaction may also require a few approval, permission, clearance or a No Objection Certificate (NOC) from the competent planning […]

SARFAESI Act and Debt Recovery Guide for NRIs

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When a borrower fails to repay a secured loan, banks require an effective legal mechanism to recover their dues without prolonged court proceedings. This is where the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 plays a crucial role. The SARFAESI Act is particularly  significant for NRIs and their families […]

CAN NRIs BUY AGRICULTURE LAND IN INDIA? DECODING THE RESTRICTIONS.

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The most frequent question we encounter is – Can NRIs Buy Agriculture Land in India ? Our answer is Yes and No. Read the full blog to get a comprehensive answer. Despite the restrictions imposed under FEMA (Foreign Exchange Management Act) many Non Resident Indians have a strong desire to own agriculture land in India. […]