If an NRI or OCI inherits real estate in India, they are required to comply with certain legal and regulatory requirements to ensure smooth transfer of ownership and to avoid any legal disputes or tax implications. Here are some important things that NRIs and OCIs should keep in mind when inheriting real estate in India:

1. Legal documentation: The legal documentation related to the inherited property, such as the will, succession certificate, or legal heir certificate, must be obtained and verified. The documents must be authenticated by a competent authority and registered with the appropriate authorities.
2. Transfer of ownership: The transfer of ownership must be completed by executing a sale deed in favor of the new owner. The sale deed must be registered with the local sub-registrar’s office, and the transfer of ownership must be reflected in the revenue records.
3. Taxation: Inherited property may be subject to various tax implications, such as stamp duty, registration fees, and capital gains tax. NRIs and OCIs should consult with a tax expert to understand the tax implications and plan their finances accordingly.
4. Repatriation of funds: If an NRI or OCI wishes to sell the inherited property and repatriate the funds, they must comply with the rules and regulations related to foreign exchange management and repatriation of funds.
5. Property management: If the inherited property is to be rented out, the NRI or OCI should appoint a property manager to take care of the property and ensure timely rent collection, maintenance, and repairs.

It is important for NRIs and OCIs to seek legal and financial advice from experts in India to ensure compliance with all legal and regulatory requirements related to inherited property in India.