What documents are required to sell property in India?

Do you need Aadhar card to sell property in India?

“Aadhaar is one of the documents, which executants of conveyance deeds are required to submit as proof of identity for registration of properties. However, the same, as on date is only an optional requirement,” it said.

Can I sell my property without documents?

In order to sell the property you will have to obtain a certified copy of the registered sale deed from the sub registrar office in your area office. You would have to pay a nominal fee to procure the same.

How do I sell my property in India?

The process of selling a property owned by an NRI in India is as follows:

  1. Hire a brokerage company to conduct a comprehensive valuation of the property and determine its value.
  2. Carry out all the necessary paperwork related to the sale of the property. …
  3. Understand the tax liabilities.

How can I sell my property from abroad in India?

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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Do I need to pay tax if I sell my property in India?

If you are planning to sell your property, you’ll have to pay capital gain tax on the profit earned after considering the inflation and indexed cost of acquisition. … If you’re selling a property in India, the profits you earn are called Capital Gains.

Can OCI sell a property in India without Aadhar card?

Yes. An NRI can sell property in India without an Aadhar Card as it is not mandatory for NRIs to have an Aadhar Card.

What documents are required to sell a property?

Following are the documents you need while selling a property;

  • Letter of allotment. The letter that confers allotment of the property to you from the relevant society or authority is a primary document you need to have in order.
  • Sale deed. …
  • Sanctioned plan. …
  • Society documents. …
  • Encumbrance certificate. …
  • Sale agreement.

What do I do if I lost my original property documents?

The first step is to visit the nearest police station and file a first information report (FIR). The FIR needs to mention that the papers are lost. A copy of the FIR should be taken by the owner and preserved for future reference.

What are the legal requirements for selling a house?

What Documents Do You Need to Sell Your House?

  • Proof of your identity. …
  • Property title deeds. …
  • Shared freehold documentation. …
  • Energy Performance Certificate. …
  • Management information pack. …
  • Fittings and contents form. …
  • Property information form. …
  • Mortgage details.

How can I sell my land fast in India?

5 Ways to Increase Chances Of Selling Property Fast in India

  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.
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How can I sell my property fast?

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.

How do I sell my plot?

Answer ( 1 )

  1. To sell plot online, my advice to you is to either list your property online on real estate websites, spread the word around or contact a broker. …
  2. Personally, I think it’s best to go for the online method. …
  3. You can post an ad on any of these websites and attract the right set of interested buyers.