New Delhi, Aug. 7 -- NRIs buying or selling property in India must take note of some of the compliance pitfalls before signing a deal. From TDS to repatriation limits and FEMA rules, we have listed some tips that NRIs should be mindful of while closing a contract as uninformed decisions can lock up money for months or even attract penalties.

Chartered accountant and co-founder of India for NRI Sidhant Agarwal explained how real estate investments that seem to yield significant capital gain over the years are altogether much lower when adjusted for currency movements. "The currency-adjusted internal rate of return (IRR) works out to about 10.7% in rupee terms but only around 6.5% in US dollar terms over 11 years. That's broadly in line wi...