We understand that the house or the property is something that ties the person back to his homeland. Our NRI services assist you in administrating the welfare of your property and relieve you from the tensions of the conditions of your valued or ancestral properties, in your absence.
Whether you want to invest, dispose or maintain your property, we
Your Property, Our Safety Assurance.
TDS on Sale of Property by NRI in 2022 [Complete Guide]
This article covers in detail the applicability of TDS on Sale of Property by NRI in India. In this article, the following topics have been explained in detail.
Thanks to the chartered club for publishing this information in the public interest for further information Click Here
Our Services
With our expertise and knowledge in real estate, we help you understand the dynamics involved and analyze any underlying risks. Avail our expert advice on all property transactions and optimize your returns on investments.
Property Disposition
Looking to sell your property and want to get the best price?
We help you make sound decisions on selling property informed by the latest market research, insights and help find genuine and authentic buyers. We offer our assistance in every way we can.
| Service Order Name | Service Fee |
|---|---|
| Initial Fees | Rs.5000 + GST |
| Fee on Success | (2% of Sale Value) + GST |
| Service Validity | 60 days |
| Service Availability | Chennai |
Making investments in land can be quite tricky.
We help you sail through today's challenging marketin a safe and secure way.Our specialized team systematically visits the property, to avoid future conflicts over land. We understandthe legal jargons andevery technicality to facilitate the process effortlessly.
For properties identified by you, we also conduct necessary checks involved, without you having to be worried about the hassles involved.
| Property Acquisition (Land) | Property Identified by Customer | Property Identified by Vasarkkal |
|---|---|---|
| Search and Identify the right property in preferred location based on requirement and budget | NO | YES |
| Check list on residential, commercial buildings as per govt approved regulations | YES | YES |
| Check the Land for plan approval | YES | YES |
| Check the Bank Acceptability for Loan | YES | YES |
| Check the Land for area measurement as per document | YES | YES |
| Check the road position as per document | YES | YES |
| Check the CMDA / DTCP approval | YES | YES |
| Check the standard of water and depth of ground water table | YES | YES |
| Consultancy Fee* | Rs.8000 + GST | Rs.10000 + GST |
| Fee on Success | NA | 2.0 % on Purchase Value + GST |
| Service Validity | 1 Month | 6 Month |
| Service Availability | Chennai | |
Terms and Conditions
Property Identified by Customer
Identified a property, but not sure about the authenticity of the property?
We services help you analyze and prepare a report, saving you the time and trouble on verifying the genuineness of the investment.
| Land and Building Identified by Customer | Standard | Premium |
|---|---|---|
| Check list on residential, commercial and industrial lands as per govt approved regulations | NO | YES |
| Check if the Builder is a Professional | NO | YES |
| Check the Land and Building Plan Approval | YES | YES |
| Check the Bank Acceptable Deviation | YES | YES |
| Check the Sump and Septic Tank Capacity | NO | YES |
| Check the UDS and Common area measurement | YES | YES |
| Check the Car Parking Allotment and position | YES | YES |
| Collect the Construction Drawing List from the builder | YES | YES |
| Check the Construction testing reports | YES | YES |
| Check the Builder field experience | NO | YES |
| Check the standard of water | YES | YES |
| Check the water logging issue in heavy monsoon season | YES | YES |
| Check Builder construction quality | NO | YES |
| Check if the size is same as per the drawing | YES | YES |
| Analyze the Monthly maintenance cost | YES | YES |
| Consultancy Fee* | Rs.8000 + GST | Rs.12000 + GST |
| Service Validity | 2 Month | |
| Service Availability | Chennai | |
Terms and Conditions
Property Identified by Vasarkkal
We help you identify and make informed decisions about location, the status of a land/building under construction, neighborhood study and advisory services, depending on your budget.
| Service Order Name | Service Fee |
|---|---|
| Initial Fees | Rs. 10000(For 6 properties) + GST |
| Fee on Success | (2% of Purchase value) + GST |
| Service Validity | 6 Months |
| Service Availability | Chennai |
With land grabbers on the prowl and risk of multiple individuals claiming ownership of the property, we think of better ways to take care of your property by closely inspecting, monitoring and providing security to your property in your absence.
| PROPERTY MONITORING | Standard | Premium |
|---|---|---|
| We inspect the property, take pictures of the site, shoot a video and send you a report. If you have a specific thing to be monitored within the premises of the property, please inform us. | YES | YES |
| Visits will be scheduled, pictures taken and sent along with a report on a periodic basis. Ad hoc visits on request, within the ambit of the total number of visits can be accommodated with prior advance notice. | YES | YES |
| In the event of any noticed encroachment or attempt to encroach, misuse or deterioration that will adversely affect the property, you will be promptly intimated. On serious encroachment cases, we will help you file a complaint with the local police station, as may be necessary. | YES | YES |
| If your property is a plot and is already fenced, you can opt to put a signboard intimating that this property is being monitored and is under the care of Vasarkkal. | YES | YES |
| If you need fencing to be done or signboards to be put up, it can be carried out through a vendor at extra costs. | YES | YES |
| Check the UDS and Common area measurement | YES | YES |
| Service Fee | Rs.6000 + GST | Rs.10000 + GST |
| Service Validity | 1 Year | |
| Service Availability | Chennai | |
Taxes:All applicable taxes included in service fees. Tenant Management
Disclaimers:
Service fee mentioned will be applicable only within city limits (25 Km radius). For places beyond the city limits, additional service fee may apply and will be billed extra.
Vasarkkal reserves the right to not service a request, if it is deemed to be infeasible as per its evaluation.
Note: For Higher value property, we will send you separate Quote
We safeguard the interests of both landlords and tenants. We screen potential tenants, collect rent, manage delinquencies, evictions andfulfill all responsibilities to ensure Hassle-free & professional renting for your property.
| TENANT MANAGEMENT | Standard | Premium |
|---|---|---|
| Inventory Check We inspect your property, take pictures and make an inventory checklist of all the items available in the property (furniture, fixtures, etc.). |
YES | YES |
| Rental Agreement We help you draft and finalize the rental agreement with your tenant. If you are not present in India, you can provide a limited / specific power of attorney to your representative or us. In such cases, power of attorney adjudication charges and lawyer fee will be billed extra |
YES | YES |
| Explaining Restrictions and Responsibilities to the Tenant We will explain the limitations, restrictions and responsibilities of the tenant towards the usage of the property at the time of signing the rental/lease agreement. | YES | YES |
| Exit Inventory Check When your tenant vacates on completion of the lease period or on termination, we will do a thorough inventory check against the inventory list. We will then send you a report for final settlement. Guidance can be provided |
YES | YES |
| Regular Inspections Four (4) inspections in a year at periodic intervals or on a need basis are included in the package. Actual visits will happen with prior appointment subject to availability of the tenant. A report will be sent after inspection. Extra visits will be charged separately. |
YES | YES |
| Rent Collection andstyle Maintenance Support We can collect rental cheques and deposit it in your bank account based on your instructions. A scanned copy of the deposit receipt will be sent to you. OR We can provide one business day turnaround maintenance support on tenant requests for electrical and plumbing issues that cannot be handled by local maintenance staff. Such repairs and visits will be chargeable to owner. |
No | YES |
| Utility Bill Payment We can facilitate utility bill payments (electricity, water, maintenance) provided the monies are received well in time. Such assistance is restricted to direct payments from you and is not applicable for tenant payments. |
No | YES |
| Service Fee | Rs.7500 + GST | Rs.13500 + GST |
| Service Validity | 1 Year | |
| Service Availability | Chennai | |
Taxes:All applicable taxes included in service fees.
Disclaimers:
Service fee mentioned will be applicable only within city limits (25 Km radius). For places beyond the city limits, additional service fee may apply and will be billed extra.
Vasarkkal reserves the right to not service a request, if it is deemed to be infeasible as per its evaluation.
Note: For Higher value property, we will send you separate Quote
From minor home repairs to scalable commercial carpentry, we cheerfully meet your needs and provide a friendly and reliable service. Simply contact us with the details of the work required, and we will develop a tailored team of experienced professionals, qualified to complete all your property tasks to a high standard.
Home Renovation & Repairs
We manage and carry out necessary Home Repairs including Renovation, Refurbishing, Electrical, Plumbing, Carpentry, Professional Cleaning, Flooring, Wood work, Indoor and Outdoor Painting and more.
| Service Name | Service Fee |
|---|---|
| Obtain Vendor Estimates | Rs.1200 + GST |
| Engineering consulting fee based site condition | |
| Service Availability | Chennai |
Taxes:GST Extra .
Disclaimers:
Service fee mentioned will be applicable only within city limits (25 Km radius). For places beyond the city limits, additional service fee may apply and will be billed extra.
Vasarkkal reserves the right to not service a request, if it is deemed to be infeasible as per its evaluation.
From finding the right tenants for your property, inventory check, marketing the property, rental agreement drafting, background verification and more, we help you get the most out of your rental property.
Rental Brokerage Service
Rental Service
| Service Order Name | Service Fee |
|---|---|
| Initial Fees | Rs.1000 |
| Brokerage Fee on Success If closure is through Vasarkkal lead |
1-month Rent |
| If closure is through your lead | 10 days Rent |
| Service Validity | 60 Days |
| Service Availability | Chennai |
Taxes:All applicable taxes included in service fees.
Disclaimers:
Service fee mentioned will be applicable only within city limits (25 Km radius). For places beyond the city limits, additional service fee may apply and will be billed extra.
Vasarkkal reserves the right to not service a request, if it is deemed to be infeasible as per its evaluation.
By accepting to pay the initial fees, you are accepting to pay the brokerage fee on success.
Brokerage Fee on Success to be paid within 7 days of signing rental agreement.
As a land owner, join hands with us to turn your idle property into revenue generating property.
With our expertise, we help you make maximum advantage of your property and eliminate the hassles of finding a builder, get approvals and more.
Here’s what we do.
| Service Order Name | Service Fee |
|---|---|
| Consultancy Fee | Rs.10,000 + GST |
| On successful closure of Agreement | 2% of the Land Value + GST |
Pooling the resources of the landlord and expertise of the builder, our partners are fully informed of the progress being made.
We strongly believe that this approach will be instrumental in the successful completion of several developments and all our partner’s objectives and goals are met.
Here’s what we do.
Our Engineering Team Will Search and Identify the right property in client preferred location, based on requirement and budget.
Once done, we follow with:
| Service Order Name | Service Fee |
|---|---|
| Consultancy Fee | Rs.10,000 + GST |
| On successful closure of Agreement | 2% of the Land Value + GST |