If you’re planning to move abroad and intend to sell your flat in Bangalore after a year, you can legally authorize someone—such as your father—to carry out the sale on your behalf through a Power of Attorney (PoA).
CAN I GIVE POWER OF ATTORNEY TO MY FATHER?
Yes, you can grant a Power of Attorney to your father, empowering him to sell your property in Bangalore even after you’ve relocated abroad. This is a common and legally accepted practice in India.
KEY POINTS TO KEEP IN MIND:
- Registration: The Power of Attorney must be registered at the Sub-Registrar’s Office in India.
- Scope of Authority: Ensure that the PoA explicitly includes the power to sell and execute the sale deed or conveyance.
- Validity Period: Clearly mention the validity of the PoA—whether it’s for 6 months, 2 years, 5 years, or until the specified transaction is completed.
COST OF REGISTERING A POWER OF ATTORNEY IN BANGALORE:
- Stamp Duty: ₹1,000
- Registration Fee: ₹200
- Scanning Fee: ₹35 per page
ALTERNATIVE: EXECUTE POWER OF ATTORNEY FROM ABROAD
You may also choose to execute the Power of Attorney after identifying a potential buyer. Here’s a breakdown of the approximate costs involved in executing a PoA from abroad in favor of someone in India (e.g., your father):
- Notary Charges (Overseas): $20–$50
- Courier Charges to India: ₹2,500 (approx.)
- Adjudication in India (Stamp Duty): ₹500
OUR SERVICES
We assist with drafting and executing Power of Attorney documents both in India and internationally.
For assistance, please contact us at pgnproperties@gmail.com or WhatsApp us at +91-9742479020.