Sale + purchase for NRIs in Mumbai.

Valuation, listing, vetting, negotiation, registration, and getting your money out of the country. The whole transaction, run by people standing where the property is. On-ground in Mumbai. Mumbai stock is overwhelmingly cooperative-society flats. A non-attending NRI owner accrues notices and dues fast.

What is sale + purchase for NRIs?

NRI sale and purchase is a managed transaction service for non-resident buyers or sellers of Indian property, covering valuation, counterparty vetting, negotiation, registration, TDS, and repatriation.

A property transaction in India is a sequence of in-person moments: a registrar appointment, a bank meeting, a deed signed in wet ink. As an NRI you cannot be at each one, and the buyer with the fair offer and the firm date will not wait while you arrange to fly in. So good deals stall, and stalled deals get repriced down.

Then there is the second layer that residents never see. Higher TDS on an NRI sale. Sale proceeds parked in an NRO account with no clean path to NRE or abroad. A bank asking for Form 15CB that you did not know existed. The transaction can close and the money can still be stuck in the country for a year.

We manage the whole deal end to end, run by people standing where the property is. We value it on real comparable evidence so you list or offer at the right number. We bring vetted, serious counterparties, checked for funds, identity, and intent, so your week is not wasted on a tyre-kicker. We negotiate to your floor and your terms, on your side of the table.

On signing, we handle deed drafting, stamp duty, and the registrar appointment on the ground, with a registered power of attorney if you cannot travel. A property lawyer and a CA sit on the same deal, so conveyancing and tax are not two separate narratives that contradict each other at the worst moment. We do not stop at registration.

Repatriation is part of the job, not an afterthought. We prepare the TDS working, the Form 15CA and 15CB, and the clean documentation your bank needs, and we apply for a Section 197 lower-TDS certificate where the numbers support it. You choose how we charge: a flat fee per transaction, or a success fee tied to the deal value. On a success fee, if it does not close, you owe nothing.

Mumbai sale and purchase rules every NRI should know

Selling a Mumbai flat from abroad runs through the society. Most owned stock sits in a cooperative housing society, and the sale needs the society’s no-objection and a share-certificate transfer, not just a buyer and a deed. We represent you on the ground for the sale or the purchase, clear the society file, handle the TDS, and stand in the sub-registrar’s office so you never sign blind.

What's included

How it works

  1. Day 1 — Scoping call: Property, intent, timeline, target number, your constraints.
  2. Week 1-2 — Valuation + title: Market valuation, title check, due diligence.
  3. Week 2-8 — Match + negotiate: Vetted counterparty, negotiation to your terms.
  4. On signing — Register + repatriate: Deed, registrar, TDS, 15CA / 15CB, remittance.

Why 66 MG Road

66 MG Road vs a typical local broker

66 MG RoadLocal broker + standalone CA
One team, one recordBroker, lawyer, CA, bank: you coordinate
Counterparty vetting before negotiationBuyer brought; vet later
Repatriation includedStops at registration
Registrar visit on your behalfYou fly in or sign a PoA late
Lawyer + CA on the same sideTwo bills, two narratives

Quick takeaway

FAQ

Can you sell my property without me travelling to India?

Yes. With a registered power of attorney we manage valuation through registration on your behalf. You approve every step. We can draft the PoA scoped to the sale.

How much TDS applies when an NRI sells property?

TDS on an NRI sale is higher than for residents and depends on holding period and the gain. As of 2026 the headline rate is 20% on long-term gains plus surcharge and cess, with relief available via Section 197. We coordinate with a tax advisor on each deal.

Can you help move the sale proceeds out of India?

Yes. We prepare the repatriation documentation, including Form 15CA and 15CB, and coordinate with your bank. Proceeds usually move from NRO to NRE or to your overseas account.

How long does a sale take end to end?

Six to twelve weeks for a clean title and a ready buyer. Title issues, family-property complications, or buyer-finance delays extend it. We tell you the realistic window upfront.

How do you find buyers?

A vetted broker network plus targeted marketing. We do not list on portals that bring noise. Every buyer is screened for identity, funds, and intent before we bring them to you.

What is your fee on a sale?

You pick: a flat fee per transaction, or a success-fee tied to deal value. No commission on top of either. Stamp duty, registration, TDS, and bank charges are at actuals.

Can you handle a purchase too, not just a sale?

Yes. Same team, same record. We add buyer-side due diligence and FEMA-compliant funding flows.

What if the deal falls through?

On a flat-fee deal you owe only for work done to that point. On a success-fee deal you owe nothing if it does not close.

Do you actually have a team in Mumbai?

Yes. We have an on-ground team in Mumbai covering Bandra, Worli, Juhu, Andheri and the surrounding areas. The team works under MahaRERA and the Maharashtra state framework, and we file at IGR Maharashtra where registration is required.

Which areas in Mumbai do you cover?

We work across Mumbai with concentrated coverage in Bandra, Worli, Juhu, Andheri, Powai, BKC, Lower Parel. For properties outside these, we deploy on a per-visit basis under the same reporting standard.

Do I need the society’s permission to sell my Mumbai flat?

You need a no-objection and a share-certificate transfer to the buyer. The society cannot block a genuine sale but can require dues cleared and a transfer fee within limits. We handle the file.

How much TDS does my buyer deduct if I am an NRI?

Under Section 195 the buyer deducts on the full sale price, not the gain, unless you hold a lower-deduction certificate. We arrange the certificate to bring it down to your real liability.

Can you represent me at registration while I stay abroad?

Yes, on a registered power of attorney. We stand in the sub-registrar’s office, verify the deed, and send you the registered copy and the proof.

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