POA attested by CGI office - do I need to register it?
R2IClub Forums » Indian Real Estate & Home loans
by Tarakpal
4M ago
As an NRI/OCI holder, I'm trying to give a POA to a family relative to maintain, manage (e.g. get repair done, collect rent, pay taxes to local municipality) my property in India and do other property related duties/tasks as needed basis. No property sale/purchase is involved here for god's sake. I got the POA letter notarized with 2 witnesses signed/stamped and attested/stamped by the local CGI (Consular General of India) office here and sent it to my POA relative by mail. Now I have a question. Does the POA person need to get it registered there or can he use the POA document as it is with ..read more
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Dilemma: How do you select a prospective buyer? A tough job!
R2IClub Forums » Indian Real Estate & Home loans
by Tarakpal
4M ago
Looking to sell my standalone old house in India. Contacted a bunch of local brokers. Going thru a tedious time consuming selection process that I am not familiar with at all. Getting responses from a few genuine individual buyers as well as a few promoters/builders. Very different approach. Of course, the promoters are willing to pay more money. Here is my dilemma: Do promoters begin the purchasing process with a token money and keep you hanging for 4-5 years? where as the individual buyers may pay you in one settlement before the closing. Also is it a good thing to take token money into my ..read more
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Help: Can one with RNOR status purchase agricultural land
R2IClub Forums » Indian Real Estate & Home loans
by oriental191886
5M ago
Hi all, I have returned to India hoping to purchase agricultural land but learnt that I will be on RNOR until 2024 April after which I will become ROR. please suggest if I cannot buy until ROR status ..read more
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Dual Tax: Selling property in Bangalore and tax implications in India and UK
R2IClub Forums » Indian Real Estate & Home loans
by woodford
8M ago
Hi, We live in the UK and plan to live here till our kids are independent which will take another 10 years as the younger one has just started year 7. Later even if we decide to spend some time in India, all we might need is one flat in Bangalore which we do own, or as others have said rent happily for 3-6 months. We jointly own a vacant plot in a very good sought after gated community in Bangalore, the plot was purchased in 2003 and has appreciated a lot since then. I started making enquires and have found someone who is willing to deal 100% in bank transfer, which I am happy about. I am ..read more
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Unlocking Opportunities: Your Guide to Buying Property in the UAE
R2IClub Forums » Indian Real Estate & Home loans
by asette
9M ago
Are you considering the exciting prospect of purchasing property in the UAE? Look no further for guidance on this captivating journey! The United Arab Emirates has swiftly emerged as a global hub for real estate investment, offering a blend of modernity, luxury, and cultural diversity. Whether you're seeking a new home, a vacation retreat, or a smart investment opportunity, the UAE has something for everyone. Here's what you need to know: 1. Choose Your Emirate: The UAE comprises seven unique emirates, each with its own charm and offerings. Dubai, with its futuristic skyline, and Abu Dhabi ..read more
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Is Certified document same as True copy/Notarized copy?
R2IClub Forums » Indian Real Estate & Home loans
by shaila
11M ago
Need to get certified copy of my Will/Probate documents Can anyone tell me a simplified straight forward process for getting certified Will and certified Probate copies in Kolkata? Is a True/Notarized copy same as Certified copy ..read more
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Is it just me? - Problems with NRI landlord renting property in India
R2IClub Forums » Indian Real Estate & Home loans
by Tarakpal
11M ago
As an NRI, its getting more and more difficult by the days to rent out my residential property in India. Is it just me? Would like to hear about your experience. Need your help to figure out what Im doing wrong here. Usually I have an 11 month leave and license agreement with 2 months security deposit and running month’s rent before tenant moving in. The agreement said that I will release the security deposit after a walk-thru at the expiry of the lease. I do have a POA who lives about 30 miles away from my property Although did preliminary tenant verifications thru employment, turned out th ..read more
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NRI's Investment/residential - Looking to my Independent home in Bengaluru
R2IClub Forums » Indian Real Estate & Home loans
by kukkri
11M ago
The property itself is located in a quiet tree lined street of Kalyan Nagar, Bengaluru - Not far from Manyata Tech Park, ORR, upcoming Future Metro station etc. Its a 60x40, architect designed home that has been rented continuously over the past decade. The rents in the area go upto 60k. My home has become quite popular with the school that was running. I had no problems renting it out - even during the pandemic(of course I offered some discount to local businesses). Its close to all facilities yet in a quiet street. See sample photos. I need to repatriate some money so planning to sell the ho ..read more
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Best invest plan and get high immediate rent in india hyderabad
R2IClub Forums » Indian Real Estate & Home loans
by invest adviser
1y ago
Best Commercial Space with Life time Rental. Invest 98 lakhs and get immediate 82000/- per month or Invest 87.36 lakhs and get immediate 82000/- per month after occupancy get rent 62000/- ?Dedicated suite 546 Sft registration. Every month 2 days and 2 nights free stay. life long club membership free. Architect: World Renowned Chapman Taylor Club House Designed By: David Mexico Property Maintained By: OAKWOOD Approvals: TSSIC , HMDA and TSRERA Aprroved Project For More Details : 9398935336 ? 1 Acre Land ?One High Rised Tower ?Total Units 1928 ?7 star Club House ?100 + Amenities ?5 Floors ..read more
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Help: Hire a lawyer for land related issues
R2IClub Forums » Indian Real Estate & Home loans
by Indian1974
1y ago
How do I go about finding a reliable lawyer in Nagercoil, Tamil Nadu? I have few properties in India and my father-in-law who was managing it can't take care of it due to ill health. I need some one to help with simple things like paying taxes and keeping an eye on the land. Is this a good idea? or should I be taking some other approach? Any advise would be greatly appreciated ..read more
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