Why the original payment trail matters when money may later be remitted abroad.
What to know
Rental or sale proceeds may be remittable subject to the acquisition route, authorised dealer review, documentary evidence, limits and applicable taxes. Repatriation is not automatic and should not be promised at the sales stage.
Keep bank remittance evidence, acquisition documents, receipts and tax records, and obtain current advice before a lease or sale.
This guide is general information only. Confirm eligibility, documents, payment, tax and registration requirements with qualified advisers and the relevant authorised dealer bank.
Practical next steps
- Confirm your exact buyer category and the project record.
- Request current unit information, a complete cost sheet and draft transaction documents.
- Use official payment instructions and preserve the complete banking trail.
- Keep independent legal and tax review separate from the sales process.
Source referencesRBI Master Direction - Acquisition or Transfer of Immovable Property under FEMA; professional advice required for individual circumstancesRBI immovable-property directionUP RERA verification
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