Property in India – How NRIs can Buy!

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Property investment in India is peaking the height nowadays. Due to the infrastructure developments and growth of population property investment in India has become the hot curry among the investors. No doubt about that buying a property ranks as one of the greatest Indian dreams. So it does not matter which part of the world you live in; a home in India is simply a must. And the Indian laws, over the years, have made this a fairly easy job. The Reserve Bank of India governs such transactions and they fall under the purview of the Foreign Exchange Management Act (FEMA).

In this column, we give you a lowdown on all that you need to know if you are an NRI wanting to buy a property in India. To begin with, we need to understand the definition of non-resident Indian. Since property purchases are governed by FEMA, we need…

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One Response to Property in India – How NRIs can Buy!

  1. hsharma1 says:

    I’m glad to find your web site! Really helpful for me Raheja Aranya City .

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