Realty firm Raheja Developers said it would invest about four thousan five hundred crore rupees to develop an engineering SEZ in Gurgaon over the next three to five years. This project, which is expected to create job opportunities for around fifty thousand people (including both direct and indirect) is said to have a potential to […]
Tag: Agricultural Land
Laws for Possession of Immovable Property in India by a Person Resident Outside India
January 28, 2008 – 5:44 am
Under the law, the following categories can freely purchase immovable property in India: i) Non-Resident Indian (NRI) – that is a citizen of India resident outside India. ii) Person of Indian Origin (PIO) – that is an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran […]
Rules for Transfer of Immovable Property in India
January 15, 2008 – 3:27 am
Immovable property transfer occurs as a big issue sometimes. Sometimes confusions make it more complex. Here’s the clear view of property transfer rules. Immovable property can be transferred by sale or by gift or through mortgage. NRI, PIO, Foreign national must have to follow some rules while selling immovable property in India. NRI can sell […]
