My father has a property in Tamil Nadu he wishes to sell. But the potential buyers are offering him half the sum of the Guideline Value through bank transactions and the rest in cash. We live abroad and we don't want any cash. The only person who is ok to buy only through a bank transaction has offered us the exact amount of the guideline value, which is lower than the market value.
What would be your advice ? Is it ok to put the cash on a bank account and ask for the repatriation abroad through the bank? Or will this create other problems?
Thanks
