New Delhi, Oct. 6 -- Indian property can be a good investment for Non-Resident Indians (NRIs). However, buying a home or plot does not end their responsibilities. Property needs regular attention even when its owner lives abroad. Treating it as something you can buy and forget may create expensive problems.

NRiSimplify co-founder Gaurav Matta said, "Indian real estate can be an excellent investment for an NRI, but it is rarely passive. The investment doesn't end when you buy the property. Someone has to manage the tenant, rent, maintenance, taxes, documentation and compliance. When you sell, you have to deal with capital gains, TDS and repatriation."

Unlike a mutual fund investment, property involves work. Someone must collect rent, man...