Useful Property Investment Tips For NRIs To Get Patta

Patta is an important legal document that declares lawful possession of the property. It proves claim of the disputed land in whose name it is. NRIs must consider it while making property investment. Tehsildar holds authority of issuing it. All documents of owner’s identity, tax and address are to be submitted to the revenue department.

NRIs’ Hassles and Their Removals in Property Investment

Complications don’t let the NRIs go without any harm in property purchase and investment. Whether to buy movable or immovable property, which banking channels to choose, how to take home loan and pay its EMI and can it be purchased through joint venture. Either relatives or friend can be that joint partner. The payment should be made in Indian currency.