The Tricity region, which includes Chandigarh, Mohali, and Panchkula, has become one of the most attractive real estate destinations for NRIs. With modern infrastructure, excellent connectivity, and a growing property market, this area offers strong opportunities to buy, sell, or rent property. This guide will help NRIs understand the process step by step.
Buying Property as an NRI
NRIs are allowed to invest in both residential and commercial properties in India. To begin the process, essential documents are required, such as a PAN card, NRI bank account (NRE/NRO), and a valid passport. Chandigarh offers premium apartments, Mohali provides excellent residential plots, and Panchkula is known for its peaceful living with high appreciation potential. With the right guidance from Delhi Punjab Real Estates, investing in Tricity property can secure both returns and long-term value.
Selling Property as an NRI
When selling property, NRIs must ensure all legal and ownership documents are clear and updated. One critical point to remember is that TDS (Tax Deducted at Source) applies to sales made by NRIs in India. Proper documentation and compliance with taxation laws are important to avoid delays. Having an experienced property dealer like Delhi Punjab Real Estates can help simplify the selling process and ensure transparency at every step.
Renting Property as an NRI
NRIs who own property in Tricity can generate consistent rental income by leasing their assets. The rent amount can be directly credited to an NRE or NRO account. With the rising demand for housing in Chandigarh and Mohali, rental properties are in high demand, allowing NRIs to benefit from regular income without selling their property. Delhi Punjab Real Estates assists NRIs in finding the right tenants and managing rental transactions seamlessly.
Why Work with Delhi Punjab Real Estates
Property transactions for NRIs often involve challenges related to documentation, legal compliance, and market knowledge. This is why working with an experienced real estate partner is essential. Delhi Punjab Real Estates, with more than 40 years of experience, offers professional assistance in:
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End-to-end documentation support
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Legal and tax compliance guidance
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Exclusive property deals and investment opportunities
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Hassle-free buying, selling, and renting services
Conclusion
For NRIs, investing, selling, or renting property in Tricity can be highly profitable if approached with the right expertise. The Chandigarh, Mohali, and Panchkula markets continue to attract global investors because of their potential for appreciation and stable demand. By partnering with Delhi Punjab Real Estates, NRIs can make secure, transparent, and profitable real estate decisions.
Your Trusted Property Partner :
Website: www.delhipunjabrealestate.com
By Nitish Raj Walia – Delhi Punjab Real Estates
