Power of Attorney (PoA) is required by NRIs if he/she cannot be physically present in India for execution of property transactions. It empowers a person to act on behalf of another. Responsibility is delegated and, therefore, it helps NRIs manage their assets in India efficiently.

POA could be used for purposes mainly related to mortgage, lease, sell, collect rent and borrow, manage and sell disputes, perform acts required by banks and enter into contracts. The government is planning to amend the laws to make registration mandatory for such deals which will help curb frauds, disputes and stamp duty evasion.

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