NRIWAY provides a cost-effective and fast experience to the customer with different documentation requirements regarding the Property Management Service. You can deposit the sale proceeds only in NRO account and not in NRE account.NRI property registration requires you to submit specific documents in India to ensure compliance with legal and regulatory requirements. You are required to have a TAN number but only at the time of making payment of the tax deducted to the credit of the central government. NRIs can use a specific Power of Attorney to authorise an individual to purchase a property in India, on their behalf. To begin the transfer of money from India to the US, the NRI should get a certificate from a chartered accountant (CA) in India. An Agreement in which a seller and buyer mutually accept a set of terms in order to complete the process of the sale. The financial transaction of sale proceeds must remit to your Indian Bank account (not to foreign, NRI, or NRO bank account). Step 1: First, press the orange button "Get Form Now". Step 2: Now you are able to manage axis bank poa.