NRI should give a POA to blood relative or Non-Blood relative in India? Is there any additional stamp duty if POA is given to non-blood relatives?

Answered on April 07,2023

POA abbreviation is Power of Attorney

Before I answer your question, let me classify blood and non-blood relatives

The following people are blood relatives (or close family members):

The following people are non-blood relatives:

Note:

The above classification is subject to Karnataka.
In few other states in India, in-laws, Nephews and nieces are considered blood relatives so please check your local regulation for exact information.

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Now comes to your question. In NRI property transactions, POA are two types

POA for Buying:

POA for Selling:

POA is used for selling a property
POA can be given to anyone that includes blood or non-blood relatives
The stamp duty for blood relatives is Rs. 200. The stamp for non-blood relatives is 5% of consideration or guidance value (whichever is higher)

My suggestion:

If you buy a property, give POA to anyone of your trusted source.
If you sell a property, prefer to give POA to blood relative to bring down stamp duty

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Thank you for reading…

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