Assistance in Property Management in Pune

To manage a property in Pune as an NRI (Non-Resident Indian), you may need the following documents and information:

1. KYC Documents:
   • Proof of Identity: Copy of your valid passport.
   • Proof of Address: Submit a copy of any of the following documents showing your overseas residential address – utility bill (electricity, water, gas), bank statement, or rental agreement.
   • Overseas Address Proof: A document issued in the country of residence confirming your overseas address.
   • PAN (Permanent Account Number) card: While not always mandatory for property management, it might be requested by the property management company or service provider.
2. Proof of NRI Status:
   • Proof of Non-Resident Indian (NRI) status: Provide documentation such as a valid visa or work permit from your country of residence.
3. Property Ownership Documents:
   • Title Deed: A legal document establishing your ownership of the property.
   • Sale Deed: The original sale deed/title deed of the property.
   • Encumbrance Certificate: A certificate confirming that the property is free from any legal dues or encumbrances.
4. Rental Agreement (If property is rented out):
   • A copy of the rental agreement outlining the terms and conditions of the lease, including rent amount, duration of the lease, and security deposit.
5. Bank Account Details:
   • Details of your NRE (Non-Resident External) or NRO (Non-Resident Ordinary) bank account: Information about the account used for receiving rental income or managing property-related expenses.
6. Power of Attorney (POA) (Optional):
   • If you appoint someone in India to manage your property on your behalf, a Power of Attorney document may be required.
7. Property Tax Records:
   • Copies of property tax receipts and other related documents.
8. Utility Bills:
   • Copies of utility bills (electricity, water, etc.) paid for the property.
9. Maintenance Records:
   • Records of any maintenance or repairs carried out on the property.
10. Insurance Policies:
    • Copies of property insurance policies, if any.
11. Contact Information:
    • Provide contact information for yourself as the property owner and any designated representatives or property managers in India.
12. Local Contact Information:
    • Details of a local contact or property management company in Pune, if applicable, to handle day-to-day management tasks.