Property Assistance to Buy Property in Pune

To buy property in Pune as an NRI (Non-Resident Indian), you typically need the following documents:

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: A PAN card issued by the Indian Income Tax Department is mandatory for property transactions in India.
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. Bank Account Details:
   • Details of your NRE (Non-Resident External) or NRO (Non-Resident Ordinary) bank account: Information about the account you’ll use for property transactions, including the source of funds.
4. Property-related Documents:
   • Sale Deed: A legal document transferring ownership of the property from the seller to the buyer.
   • Title Deed: A document establishing the legal ownership of the property.
   • Encumbrance Certificate: A certificate confirming that the property is free from any legal dues or encumbrances.
   • Property Tax Receipts: Receipts of property tax payments made by the current owner.
   • Building Plan Approval: Approval from the local municipal authority for the construction of the property.
   • Completion Certificate: A certificate issued by the local authority confirming that the construction of the property is completed as per approved plans.
   • Occupancy Certificate: A certificate issued by the local authority permitting occupancy of the property.
5. Power of Attorney (POA) (Optional):
   • If you appoint someone in India to represent you during the property transaction process, a Power of Attorney document may be required.
6. Additional Documents:
   • Depending on the specific requirements of the seller, builder, or financial institution involved in the transaction, additional documents may be needed