Q: Can the name of foreign national or non-Indian origin be added as a shareholder to a residential or commercial property purchased by NRI/PIO?

A: No, you cannot add the name of foreign national or Indian origin as a shareholder to a residential or commercial property purchased by NRI/PIO

• 3 Hours42 Minutes ago
• Buying Property in.. - Business and Finance
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Q: What way non-resident Indian can finance the flat?

A: The purchase of the flats can be financed from the fresh remittance through the normal banking channels or from payment from the original non-resident account or from Non-resident (External)...

• 3 Hours44 Minutes ago
• NRI Investments - Business and Finance
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Q: What should be the method of payment for purchasing residential immovable property in India by foreign nationals of Indian origin under the general permission?

A: The purchase consideration should be met either out of inward remittances in foreign exchange through normal banking channels or out of funds from NRE/ FCNR accounts maintained with banks in India.

• 4 Hours29 Minutes ago
• NRI Investments - Business and Finance
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Q: If non-resident Indian nationals are staying abroad can the property be purchased through the agent or through the POA?

A: The non-resident Indians who are staying abroad may enter into an agreement through their relatives and/ or by executing the Power of Attorney in their favour as it is not possible for them to be...

• 4 Hours31 Minutes ago
• Buying Property in.. - Business and Finance
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Q: How much finance can an NRI avail against the property value?

A: An NRI can borrow up to 75 % of the market value of your property subject to your income eligibility.

• 1 Day ago
• NRI Loans - Business and Finance
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Q: For how long period can an NRI get a home loan?

A: NRI's can get home loans from a minimum of three years to maximum of 15 years.

• 1 Day ago
• NRI Loans - Business and Finance
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