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Thread: Real Estate for NRI

  1. #1

    Join Date
    Sep 2006
    Posts
    5
    I am an NRI living in America for past 15 years. Do I need special permission of The Reserve Bank to buy real estate or property in India?



  2. #2

    Join Date
    Sep 2006
    Posts
    8
    Dear endure,

    Yes, NRIs who are now US Citizens are Persons of Indian Origin and as such buy or inherit property in India.

  3. #3
    hello mr. endure,

    we are into the business of real estate from last 3 years and we have lot of premium property options in india.also we have the arrangement for housing loans for nri's .for any further assistence please contact us without any hesitation on our email which is [email]karanestates@yahoo.co.in[/email]

  4. #4

    Join Date
    Aug 2010
    Location
    New Delhi, India
    Posts
    4
    Purchase of Immovable Property in India by Foreign Companies
    [url]http://www.indrealty.in/knowledgebase.php?id=1[/url]

    [url]http://www.indrealty.in/knowledgebase.php?id=17[/url]
    Purchase of Immovable Property in India by Non Resident Indians or Foreign Nationals

    India is not only a hot favorite as a tourist destination among Non-Resident Indians (NRIs) or Foreign National Individuals, but is also fast emerging as a hot spot for investment in real estate by the NRIs or Foreign nationals.



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