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As an NRI, can I register a POA under my father's name to buy property on my behalf and register it under my name when I am not in India?
As an NRI, can I register a POA under my father's name to buy property on my behalf and register it under my name when I am not in India?
PGN Property Management, Real Estate & Documentation Consultant with 21+ years of experience
Answered on October 21,2021
Answered on October 21,2021
Yes, possible
As an NRI, you can register the POA in your father name
Your father can buy a property in India on your behalf in your name. You are the absolute owner of the property, even your father can’t claim share on this property even though your father is the POA holder.
Go a head and all the best for purchase.
We wrote a separate answer about the procedure to obtain the POA for NRI.
Here is the link to the answer
What is the procedure for an NRI to get power of attorney from abroad?