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For NRIs in Singapore: Valuing Your Indian Property

You live in Singapore and own property in India. Most of our Singapore work is straightforward sale and inheritance valuation for professionals who want it handled properly, quickly, and without a trip back.

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How we work with owners abroad

The mechanics are the same wherever you live. One person in India gives our engineer access. We inspect and photograph, with the date and location recorded on every image, and the signed report reaches you by email in 48 to 72 hours. You do not travel. The full process, the power of attorney position and the questions every overseas owner asks are set out here.

How the Singapore side interacts

Singapore does not tax capital gains in the way many other countries do, so for most Singapore based owners the Indian filing is the one that matters. That makes the Indian cost figure the number that decides your tax.

For property held since before April 2001, that cost is its market value on 1 April 2001. On an old family property this substitution usually reduces the taxable gain enormously, and it needs a valuation to establish.

Your own position depends on your residence and how the property is held, which is a question for your adviser in Singapore. What we guarantee is that the Indian side of the arithmetic stands up.

Selling from Singapore, in practice

Most of our Singapore clients are working professionals on an employment pass or with permanent residence, selling a flat or a family house that has been in India for decades. The pattern is consistent: the sale is agreed quickly, and the paperwork is what holds it up.

Two things are worth doing early. Get the 1 April 2001 value established before you agree a price, because it decides your tax and it cannot be produced retrospectively at short notice. And check whether your buyer has a TAN. An NRI sale is reported in Form 27Q, not the 26QB challan used for resident sellers, and a buyer who gets that wrong delays your refund by months.

Repatriating the proceeds to Singapore runs through your NRO account and needs Forms 15CA and 15CB. The chartered accountant signing 15CB will want the sale documents and the tax position to agree with each other, which is far easier when the valuation was done first.

The two country problem

With no equivalent capital gains filing in Singapore for most individuals, the Indian valuation usually carries the whole computation.

Why one property can need two valuations at two different dates, explained in full.

Questions from NRIs in Singapore

Is the Indian valuation the only one I need?

Usually, for a straightforward sale. Where an inheritance or a court matter is involved there can be a second date to value. Tell us the full situation and we will say honestly whether one certificate covers you.

How quickly can this be done?

Access is the only variable. Once somebody can open the property, the inspection is usually within a day or two and the report follows in 48 to 72 hours.

The property is jointly held with my brother in India.

Common, and not a problem. The report values the whole property and states each share clearly, so both of you can use the same document for your own filings without the figures disagreeing.

Checked by Parish Rao, Chartered Engineer and Government Approved Valuer (Registration number CAT-I/443/117/2000-01).

Page last checked on 8 October 2026.

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Tell us what you need valued. We will message you on WhatsApp with which report you need and what it costs, free of charge.

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