30-July-2026
Taxation
 
Are you an NRI who sold an under-construction property? Here's what actually counts as your “Date of Purchase” for capital gains calculation
29-Jul-2026

Most non-resident Indians (NRIs) buying property in India don't go for a finished flat. Instead, they invest in a project years before its construction starts, entering into a builder-buyer agreement, making payments in instalments tied to construction milestones, and ultimately receiving possession-and a registered sale deed-much later.

News Source:- https://economictimes.indiatimes.com/wealth/tax/are-you-an-nri-who-sold-an-under-construction-property-heres-what-actually-counts-as-your-date-of-purchase-for-capital-gains-calculation/articleshow/132702046.cms