# Selling Property in India by NRIs: Tax Differences

> NRI selling property in India faces same tax rules whether buyer is Indian resident or another NRI.
- Title: Selling Property in India by NRIs: Tax Differences · mint
- Summary: NRI selling property in India faces same tax rules whether buyer is Indian resident or another NRI. Selling residential property in India by an NRI to…
- Keywords: nri, capital gains tax, residential property, tax deduction at source, india singapore dtaa, foreign exchange laws, news, india, Selling, Property, NRIs, Tax
- Source: mint — https://livemint.com/money/personal-finance/selling-property-in-india-by-an-nri-to-another-nri-vs-an-indian-resident-tax-implications-and-tds-11793163257405.html
- Author: mint
- Published: 2026-10-28T12:14:26+00:00
- Read time: 1 min
- Topics: nri, capital gains tax, residential property, tax deduction at source, india singapore dtaa, foreign exchange laws, news, india
## Tax Rules for NRI Property Sales
Selling residential property in India by an NRI to another NRI or Indian resident has identical capital gains tax rules.
## Taxable Capital Gains in India
Capital gains from Indian residential property sales accrue in India and are taxable there regardless of buyer type.
## Long-Term Capital Gains Tax
Holding property over 24 months qualifies for 12.5% long-term capital gains tax without indexation.
## Short-Term Capital Gains Tax
Holding property less than 24 months results in short-term gains taxed at slab rates with surcharge and cess.
## TDS Deduction Rules
Buyers deduct tax at source on sale consideration, but often require seller to get lower deduction certificate from tax authorities.
## India-Singapore Double Tax Agreement
Singapore residents can claim India-Singapore DTAA benefits but still face Indian capital gains tax on Indian property.
## Foreign Exchange Repatriation
NRI can repatriate sale proceeds for two residential properties under foreign exchange laws with specific conditions.
## Key takeaway

Selling residential property in India by an NRI to another NRI or Indian resident has identical capital gains tax rules, with long-term gains taxed at 12.5% after 24 months.