For Non-resident Indians staying abroad, can the property be purchased through an agent or through a Power of Attorney?

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For Non-resident Indians staying abroad, can the property be purchased through an agent or through a Power of Attorney?

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Ans. Yes, property can be purchased by an agent of through a power of attorney for a NRI staying abroad. This can be done through their relatives and/or by executing the Power of Attorney in their favor. These formalities can also be completed through some known person who can be given the Power of Attorney for this purpose. Power of Attorney should be executed on the stamp paper before the proper authorities in foreign countries. Power of Attorney cannot be drafted on the stamp paper bought in India.

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