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

  • Understand your needs / requirements.
  • Inspect the Property.
  • Report on the condition of the property.

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.

  • Applicability of TDS on Sale of Property by NRI
  • What is the Rate of TDS on Sale of Property by NRI?
  • Amount on which TDS is required to be deducted
  • TDS Payment, TDS Return & TAN No.
  • How to Determine whether Seller is Resident or Non-Resident in India
  • Things to be taken care of by the Seller
  • Things to be taken care of by the Buyer
  • How to avoid Double Tax on sale of Property by NRI Seller in 2 Countries
  • Repatriation of Money outside India by NRI
  • Reduce your TDS Liability by filing application in Form 13

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.

  • The service enables you to sit back and relax while we show your property to prospects and close the sale for you.
  • On receiving a request along with your sale expectation, we will do a feasibility analysis of the property sale in that locality through primary and secondary sources within 7 business days. If the market value is close to your expectation, we will proceed with the order, else we may request you to alter your expectations based on the market conditions.
  • Only upon mutual agreement on the sale expectation, you will be requested to pay us the initial fees towards listing your property. We will do a physical verification of the property, measure the property and take photographs. We may also list your property in different third-party classifieds, relevant real estate property portals and other offline media as per need.
  • We will be your single point contact for all enquiries and will show the property to prospects based on their convenience and availability. Keys to the property will be required for this purpose and will be kept under our safe custody during the progress of this order.
  • Our representative will ensure that the property is properly locked before they leave, each time they show the property to a prospect.
  • We will update you with the contacts as well as the expectations of the prospects and will assist you in deciding on the right prospect.
  • Basic purchaser verification will be done, once you finalize the purchaser by way of company and government ID verification. In case of any issues with the prospect’s credentials, we will alert you immediately.
  • We can also help you with the sale agreement draft, if needed, at an extra service cost.
  • And we always represent only one party in any transaction, so your interests are always protected.
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

  • This fee is applicable only for 1 property.
  • Irrespective of the deal, this initial amount should be paid, to conduct verification of the property.

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

  • This fee is applicable only for 1 property.
  • Irrespective of the deal, this initial amount should be paid, to conduct verification of the property.
  • For Higher value property, we will send you separate Quote
  • For Higher value property, we will send you separate Quote

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.

  • Check list on residential, commercial and industrial lands as per govt approved regulations.
  • Check if the Builder is a Professional.
  • Check the Land / Building Plan Approval.
  • Check the Bank Acceptable Deviation.
  • Check the Sump and Septic Tank Capacity.
  • Check the UDS and Common area measurement.
  • Check the Car Parking Allotment and position.
  • Collect the Construction Drawing List from the builder.
  • Check the Construction testing reports.
  • Check the Builder field experience.
  • Check the standard of water.
  • Check the water logging issue in heavy monsoon season.
  • Check the Builder Construction quality.
  • Check if the size is same as per the drawing.
  • Analyze the Monthly maintenance cost.
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.

  • On receiving a request along with your property details and requirements, weevaluate and then request you to pay the initial service fee based on feasibility.
  • We share the requirement with two to three of our vendors and then get a quote from them.
  • Based on the quotes, you can choose a vendor and will have to pay the vendor charges along with our service fees for monitoring.
  • An advance payment will be made to the vendor and our executive will coordinate to initiate the work.
  • The work is monitored until completion of work and reports will be sent either on a daily basis or as per progress.
  • Stage payments will be made to the vendor and our executive will coordinate work.
  • Upon completion of the task, we will evaluate the work and send you a final report along with pictures and any other supporting documents.
  • Final payment will be made to the vendor once you confirm, after checking the report.
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

  • The service enables you to sit back and relax while we show your property to prospects and close the rental for you.
  • On receiving a request along with your rental expectation, we do a feasibility analysis of the property rentals in that locality through primary and secondary sources within 3 business days. If the market rental is close to your expectation, we will proceed with the order, else we may request you to alter your expectations based on the market conditions.
  • Only upon mutual agreement on the rental expectation, you will be requested to pay us the initial fees towards listing your property. We will do a physical verification of the property, measure the property, take photographs and then post it to third-party property websites and related classifieds. Advertisement charges will be additionally charged.

Rental Service

  • We will be your single point contact for all enquiries and will show the property to prospects based on their convenience and availability. Keys to the house will be required for this purpose and will be kept under our safe custody during the progress of this order.
  • Our representative will ensure that the property is properly locked before they leave, each time they show the property to a prospect.
  • We will update you with the contacts as well as the expectations of the prospects and will assist you in deciding on the right prospect.
  • Basic tenant verification will be done, once you finalize the tenant by way of company and government ID verification. In case of any issues with the prospect’s credentials, we will alert you immediately.
  • We can also help you with the rental agreement draft, if needed, at an extra service cost.
  • And we always represent only one party in any transaction, so your interests are always protected.
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.

  • Analysis of current market price of land or Buildings in specified locality, considering various factors.
  • Provide a preliminary guidance for Joint venture projects.
  • Identification of Builders to suit the requirements of clients in various aspects.
  • Analysis of field experience and professionalism of Builders.
  • Provide Profit Report.
  • Check for project specification.
  • Bridge the gap between the Builder and the client to finalize the agreement.
  • Provide reports in comparison with other parties.
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.

  • Analysis of current market price of land in specified locality, considering various factors
  • Preliminary guidance for Joint venture projects
  • Identification of Land Lords to suit the requirements of clients in various aspects.
  • Bridge between the Builder and the client to finalize the agreement

Our Engineering Team Will Search and Identify the right property in client preferred location, based on requirement and budget.
Once done, we follow with:

  • Check list on residential, commercial and industrial lands as per govt approved regulations.
  • Check the Land for plan approval.
  • Check the Bank Acceptability for Loan.
  • Check the Land for area measurement as per document.
  • Check the road position as per document.
  • Check for CMDA / DTCP approval.
  • Check the standard of water and depth of ground water table.
Service Order Name Service Fee
Consultancy Fee Rs.10,000 + GST
On successful closure of Agreement 2% of the Land Value + GST