How to Sell Property in Pune: Complete Guide for NRIs & Homeowners

Selling property in Pune while residing elsewhere or abroad requires careful planning, accurate market valuation, and compliance with Indian tax laws (TDS & Capital Gains).

Key Steps to Selling Property in Pune

1. 1
   Market Valuation & Pricing Strategy: Analyzing recent transaction rates in Baner, Kharadi, Wakad, or Balewadi to set competitive pricing.
2. 2
   Title Verification & Clearances: Ensuring Society NOC, Index 2, Completion Certificate (CC), and tax clearance certificates are in place.
3. 3
   NRI Tax Deduction (TDS under Section 195): Buyer must deduct TDS at applicable NRI capital gains rates unless a Lower TDS Certificate is obtained from the Income Tax department.
4. 4
   Repatriation of Funds (Form 15CA & 15CB): Transferring sale proceeds from NRO to NRE or overseas bank accounts under RBI FEMA guidelines (up to $1 Million USD per financial year).

PropPune assists property sellers with verified buyers, legal documentation, and tax advisory services.