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PROPERTY PURCHASE FROM NRI SELLER
US house buying guide: September 27-October 3 named best week to buy a home in 2026; homebuyers could save $14,000From September 27 to October 3, 2026, prospective homebuyers could enjoy favorable market conditions that might support their purchasing de...
After Alibaug bungalow, Akshaye Khanna enters Mumbai's billionaire neighbourhood with Rs 33 crore luxury flat purchaseAkshaye Khanna has made another major real estate move by purchasing a luxury home in one of Mumbai’s most exclusive residential neighbourh...
Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
Harry Met Sally star Meg Ryan used to live in this Hamptons home she bought for $13.49 million and sold for $15.25 million with 5 bedrooms, 6,500 sq ft, a pool and multiple fireplacesMeg Ryan has successfully sold her stunning Hamptons estate for an impressive $15.25 million, matching the asking price in under two months...
Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
Buying property from an NRI? Know the new TDS, PAN, and Form 141 rules effective October 1Beginning 1 October 2026, resident Indian buyers will enjoy simplified compliance when purchasing property from non-resident sellers. They ...
Purchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefRs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi ...
Japanese investors step up domestic bond purchases as foreign demand drops: JSDA dataJapanese investors bought 21.7 trillion yen of coupon-bearing Japanese government bonds between April and August, reaching 89% of their ent...
How John Cena's $525,000 Florida home became a $4 million estate over 20 yearsJohn Cena purchased a Florida home in January 2005 for $525,000, which is now valued at nearly $4 million. Through various renovations, the...
Good news: Property purchase from NRIs gets easier as govt amends Form 141; check how it helpsFrom October 1, 2026, Indian property buyers can buy properties from non-residents without getting a TAN. Instead a new system has been lau...
TDS norms eased for buying NRI propertyThe CBDT has amended Income-tax Rules, 2026, allowing buyers to deposit and report TDS under Section 393(2) of the Income-tax Act, 2025 thr...
In 2023, Matthew Perry bought his final LA home for $4.99 million; after it was listed for $5.195 million following his death, it eventually sold for $4.1 millionMatthew Perry’s final Los Angeles home has sold for $4.1 million after first hitting the market for $5.195 million. The Hollywood Hills pro...
In 2012, Bank of America acquired a 20,900-square-foot Houston mansion through foreclosure for $2.12 million; 13 years later, after $14 million in renovations, it sold for up to $9 millionIn 2012, Bank of America picked up a 20,900-square-foot Houston mansion through foreclosure. The price was $2.12 million. That works out to...
CBDT eases TDS compliance for property buyers dealing with non-residentsThe Central Board of Direct Taxes is set to simplify TDS compliance requirements for residents buying property from non-residents. From Oct...
A 17,000-sq-ft Aspen mansion once rented by Rihanna was listed for as much as $79 million; it sold for $63.5 million as Colorado’s trophy-home market began to coolA large Aspen mansion, once rented by Rihanna, sold for $63.5 million. This property had previously been listed for as much as $79 million....
Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
Canadian landlord asks tenant to vacate India property for personal use; Punjab & Haryana High Court rules in tenant’s favour; know whyTenant wins eviction case filed by Canadian landlord who cited personal reasons as the need for this property; Know how landlord lost the c...
Indian property is an NRI favourite—but is it the smartest way to build wealth?For years, buying a home in India has been almost synonymous with investing for many Non-Resident Indians (NRIs). A flat in Mumbai, Delhi, ...
Florida couple bought 3 condos for $360,000 and now collects $4,530 a month in rent: How they built a 'very healthy' rental portfolioA couple in Florida bought three occupied condos for $360,000 in 2022, and the properties now generate $4,530 a month in rent. He shared ho...
Dwayne Johnson bought his Georgia estate for $9.49 million; after a $6.95 million listing and another price cut, it sold for $6.1 millionDwayne Johnson’s Georgia estate sale is a compelling celebrity real estate story because the final numbers are so difficult to ignore. A pr...