What Does nri selling property in india reddit Mean?

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Professional idea: Use real-lifetime illustrations and talk to prospective customers open-finished inquiries to gauge their standard of being familiar with and address any understanding gaps.

Like most buyers, I want to feel that I’ve gotten a superb offer from a purchase. For that reason, I think a good salesperson should go away some wiggle place all over selling prices.

I'm an NRI and am selling a pre-owned house in Bangalore. My real estate agent is inquiring me to pay for the GST over the commission volume. Must I shell out the GST of eighteen% to him?

When you sell property in India, the client is obligated to deduct TDS in advance of spending you the ultimate total.

With this tactic, the decoy is strategically intended to make one of many other options more captivating. This will likely be accomplished by creating the decoy just like the specified possibility but a bit inferior regarding options, benefits, or price.

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The examining officer will figure out the TDS following calculating the capital gains. The seller could also declare a refund on the TDS deducted when the TDS is over the tax liability when he/she has not acquired the NIL/reduced deduction certificate.

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This reinvestment need to arise in just a person 12 months prior to or two several years once the sale (or in just 3 years Should the property is underneath construction). 

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