Inherited Property Owners
You've inherited a property in India — perhaps a family home, ancestral house, or parent's apartment. It holds emotional value, but it's sitting vacant or earning minimal rent. Turn it into a high-performing asset without selling or compromising family heritage.
30 days
Time to First Income
₹0
Inheritance Tax
8–15%
Avg. Airbnb Yield
Included
Free Legal Templates
The Challenges You Face
Managing Indian property remotely comes with unique pain points. We understand every one of them.
Property sitting vacant since parents' passing — deteriorating condition with no maintenance
Emotional attachment prevents selling, but property generates zero income
Unclear ownership documents — mutation, succession certificate, or probate not completed
Relatives occupying the property informally with no rent or legal agreement
No idea how to start renting — especially from abroad with no local contacts
How HostyourBnB Solves This
Professional Airbnb hosts handle everything — you just collect rent.
From Vacant to Earning in 30 Days
We connect you with professional hosts who can furnish, set up, and start hosting your inherited property within 30 days. From zero income to ₹45,000–₹80,000/month.
Property Restoration & Setup
Many hosts coordinate painting, repairs, and furnishing on your behalf. Some even advance furnishing costs against future rent. Your property goes from neglected to premium.
Legal Structure & Agreements
Proper Leave & License or sub-lease agreements protect your ownership rights. We provide free legal templates and guide you through the documentation process.
Tax & Compliance Guide
Inherited property in India is not subject to inheritance tax (India abolished estate duty in 1985). However, rental income from inherited property is taxable in India. NRIs must file ITR and pay tax on rental income. TDS at 30% applies under Section 195. If you sell the inherited property, capital gains are calculated from the original owner's purchase date. Mutation and succession certificate must be updated before formalizing any lease agreement.
Frequently Asked Questions
Is there an inheritance tax on Indian property?
No. India abolished estate duty (inheritance tax) in 1985. Inherited property transfers to legal heirs without any tax. However, rental income earned from the property is taxable, and capital gains tax applies if you later sell it.
What documents do I need to rent out inherited property?
You'll need the property title deed (sale deed or gift deed), mutation certificate (updated in your name), death certificate of the previous owner, and legal heir certificate or succession certificate. For NRIs, a Power of Attorney to a local representative is also recommended.
Can I rent out inherited property without completing mutation?
Technically, a Leave & License agreement can be executed based on your legal heir certificate, but completing property mutation in your name is strongly recommended before entering any formal rental arrangement. It strengthens your legal position significantly.
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