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PROPERTY PURCHASE BY NRI IN INDIA
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...
- 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 ...
- Steven Spielberg bought a 2.8-acre Los Angeles equestrian estate for $5.75 million in 1999; 27 years later, the never-lived-in property returned to market for $29.9 millionSteven Spielberg and Kate Capshaw are putting a very specific piece of their Los Angeles history on the market. The couple is asking $29.9 ...
- 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 ...
- 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...
- Johnny Depp's unusual love story with a 41-acre Kentucky estate: Sold for $1 million, bought back for $2 million and again sold for $1.36 millionJohnny Depp’s 41-acre Kentucky horse farm had an unusual journey through the actor’s real estate portfolio. He first bought the property in...
- 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...
- Mumbai felt safer than US: NRI returns to India after 23 years, shares why he left the American DreamAn NRI who spent 23 years in the US has shared why he eventually moved back to Mumbai, saying he "felt safer" there. After building a caree...
- Brookfield India REIT buys Powai office units for Rs 75.2 croreBrookfield India REIT’s arm Kairos Properties has agreed to acquire office units across two floors of Delphi building in Mumbai’s Powai for...
- Deepika Padukone and Ranveer Singh to move into Rs 119 crore sea-facing quadruplex spread across four floors, featuring a 1,300 sq ft terrace with panoramic Arabian Sea views and located just a street away from Shah Rukh Khan’s Mannat and Salman Khan’s Galaxy ApartmentsRanveer Singh and Deepika Padukone house tour: The couple have acquired another luxury property in Mumbai. Their Bandra mansion, a sea-faci...
- 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, ...
- Earning in dollars doesn’t make NRIs better investors: Currency advantage alone isn’t enoughFor NRIs earning in stronger foreign currencies such as dollars, pounds or dirhams, investing in India can offer greater rupee purchasing p...
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