Nri Fema
For NRIs holding ancestral or purchased agricultural land in Jodhpur, a FEMA-compliant valuation is a prerequisite before any sale proceeds can be remitted abroad. The Foreign Exchange Management Act, 1999, restricts the repatriation of sale consideration unless the transaction adheres to RBI authorised dealer compliance, including verified title and valuation certification. In Jodhpur, where land records are maintained through Jamabandi and Khasra Girdawari entries, the valuation report must clearly establish the market value at the date of transfer to support the remittance application filed with the authorised dealer. The valuer’s certificate also supports TDS deduction under applicable income-tax rules, which is a standard condition for NRI transactions. Understanding the local agricultural patterns and soil characteristics of Jodhpur ensures an accurate fair market value that satisfies both the buyer, the bank, and the RBI’s scrutiny. A precise, location-specific report minimises the risk of RBI queries or delays in repatriation. Report by RV Yashkumar Jasani — Government Approved Registered Valuer.
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