Indians across the world invest in real land in India. The recent previous a reduce rupee something that is giving a hard time to the Indian government. It has presented a unique opportunity to the non-resident Indians to invest added in this market. However when invest NRI must be mindful of the documents that they must have to completed the transaction. In some states an NRI needs an Indian passport to invest in property in India. You would need a OCI card if you are a foreign citizen whose father and grandfather was a citizen of India. In other words you hold the passport of a foreign country you need a PIO card. A person who is not a citizen of India but was eligible to become an Indian citizen before and after partition (or a child of such a person) would need an overseas citizen of India (OCI) card. You can apply for these cards in the Indian embassy consulate in the country in which you live in. You may need to offer your parents birth certificate as proof that you are an OCI and PIO. The number of documents to be furnished by a Non-Resident Indian (NRI) is almost the same as that of an Indian who wants to sell a property in India. There are a few odds ends that the former needs to get in place. Putting the form-filling in place is that part of an otherwise happy home-buying process most people would like to avoid. However happens to be the most critical part of the purchase. It is better you do your research before you success the home-search button. NRIs need a PAN Card because they will be expected to file income tax returns they have rented out the property. Moreover the property is sold later the capital gains arising from the sales would be subject to capital gains tax. Capital gains would be involved in the total income while it is being taxed. An NRI who want to sell a property in India should hold a passport not essentially an Indian passport. This will help as the identity proof of the person involved in the transaction. For an Overseas Citizen of India (OCI) and a passport serves the same purpose. A number of NRIs do not pay taxes in India as their income is taxable in the countries they stop. However experts believe NRIs should apply for a PAN card here when they intend to buy a property in India as it will be required to apply for a tax release certificate as after the sale of the property. PAN numbers are given out to NRIs with a foreign communication address to choice countries. An NRI has to give documents in delivery of his address in India as well as abroad. This may contain a ration card, telephone and electricity bills and life insurance policy statements etc. Similar set of papers are also required as the proof of residence abroad. A main document needed in the process is the sale deed also a primary proof of ownership. A legal document sale deed is an agreement completed by an NRI while purchasing an under construction property in India. A letter of allotment bestows the property to the said person who holds it. For an apartment in a particular society a letter from the society is needed for a go-ahead to the sales process. This document states the seller has no unresolved payments to the society. A copy of membership of the society is also important.