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Latest Questions

Q: Can you buy property in India without Indian citizenship?

A: Only individuals with Indian citizenship are allowed to own property in India or they should at least own an OCI card.

Q: What should be the method of payment for an NRI to purchase properties in India?

A: NRIs are allowed to purchase properties by funds remitted through normal banking channels or funds in NRE/FCNR accounts maintained with Indian banks in India.

Q: Can an NRI purchase immovable property in India?

A: Under the general permission granted by RBI, an NRI can purchase residential immovable properties in India if the person has valid proof of address in India or an OCI card.

Q: Can a non-resident purchase property in India?

A: No, a foreign national of non-Indian origin, resident outside India cannot purchase any immovable property in India unless such property is acquired by way of inheritance from a person who was...

Q: Can foreigners own land in India?

A: No, a foreign national of non-Indian origin resident outside India cannot purchase any immovable property in India unless such property is acquired by way of inheritance from a person who was...

Q: Can a foreign national buy property in India without citizenship?

A: Only individuals with Indian citizenship are allowed to own property in India or they should at least own an OCI card.

Q: Are foreign nationals of Indian origin allowed to purchase immovable property in India?

A: Yes, foreign nationals of Indian origin, whether resident in India or abroad, have been granted general permission to purchase immovable property in India.

Q: Are there any formalities to be completed by foreign nationals of Indian origin for purchasing residential immovable property in India?

A: They are required to file a declaration in the form IPI 7 with the central office of Reserve Bank at Bombay within a period of 90 days from the date of purchase of immovable property.

Q: Under the extant foreign exchange regulations to whom is general permission available for the purchase of immovable property in India?

A: General Permission is available to purchase only a residential/commercial property in India to a person resident outside India who is a citizen of India (NRI) and who is a Person of Indian Origin...

Q: Can foreigners invest in real estate in India?

A: Foreigners who are not of Indian descent cannot buy any property in India. Therefore, Non-Resident Indians and Persons of Indian Origin can invest in the Indian real estate market. You can purchase...