@copyright prohibited
 

1.  
2.   Do non-resident Indian citizen require permission of Reserve Bank to acquire residential/ commercial property in India?
3.   Who is a person of Indian Origin?
4.   Where can permission be taken for acquisition of agricultural land / plantation property / farmhouse by any person resident outside India or foreign nationals of Indian origin?
5.   Where can one find regulations/directions issued by Reserve Bank for acquisition and transfer of immovable property in India by a person resident outside India?
6.   Under the extant foreign exchange regulations to whom is general permission available for purchase immovable property in India?
7.   Is NRI/PIO who has purchased residential/commercial property under general permission required to file any documents with Reserve Bank of India?
8.   Is there any restriction on number of residential/commercial property that NRI/PIO can purchase under the general permission available?
9.   Can a name of a foreign national of non-Indian origin be added as a second holder to a residential/commercial property purchased by NRI/PIO?
10.   Can a foreign national of non-Indian origin resident outside India acquire any immovable property in India by way of purchase?
11.   Can a foreign national of non-Indian origin acquire residential property on a lease in India?
12.   Can a person resident outside India (i.e. a NRI or a PIO or a foreign national of non-Indian origin) acquire agricultural land/plantation property/farm house in India by way of purchase?
13.   Can NRI/PIO acquire residential/commercial property by way of gift under the general permission available?
14.   Can a foreign national of non-Indian origin resident outside India acquire residential/commercial in India by way of gift?
     
   
Q:   Who is a Non-Resident Indian (NRI)?
A:  
Q.   Do non-resident Indian citizen require permission of Reserve Bank to acquire residential/ commercial property in India?
A.  
Q.  
A.  
   
Q.  
A.  
   
Q.   Where can one find regulations/directions issued by Reserve Bank for acquisition and transfer of immovable property in India by a person resident outside India?
A.  
   
Q.   Under the extant foreign exchange regulations to whom is general permission available for purchase immovable property in India?
A.  
Q.   Is NRI/PIO who has purchased residential/commercial property under general permission required to file any documents with Reserve Bank of India?
A.  
   
Q.   Is there any restriction on number of residential/commercial property that NRI/PIO can purchase under the general permission available?
   
   
Q.   Can a name of a foreign national of non-Indian origin be added as a second holder to a residential/commercial property purchased by NRI/PIO?
A.  
   
Q.   Can a foreign national of non-Indian origin resident outside India acquire any immovable property in India by way of purchase?
A.  
   
Q.   Can a foreign national of non-Indian origin acquire residential property on a lease in India?
A.  
   
Q.   Can a person resident outside India (i.e. a NRI or a PIO or a foreign national of non-Indian origin) acquire agricultural land/plantation property/farm house in India by way of purchase?
A.   No. A person resident outside India cannot acquire by way of purchase agricultural land/plantation property/farm house in India.
   
Q.   Can NRI/PIO acquire residential/commercial property by way of gift under the general permission available?
A.   Yes. Under general permission available NRI/PIO may acquire residential/commercial property by way of gift from a person resident in India or a NRI or a PIO.
   
Q.   Can a foreign national of non-Indian origin resident outside India acquire residential/commercial in India by way of gift?
A.   No. Under section 2 (ze) of the Foreign Exchange Management Act, 1999 ‘transfer’ includes among others, ‘gift’. Therefore, a foreign national of non-Indian origin resident outside India cannot acquire residential/commercial property in India by way of gift.

sadanand vihar
sri krishna vihar
hare krishna vihar
 
Totally, there have been 4680 visitors (10771 hits) on this page!
=> Do you also want a homepage for free? Then click here! <=