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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 or Nepal [...]

By Rajani | Posted in Real Estate Information | Also tagged Afghanistan, Agricultural Land, Bangladesh, Bhutan, Citizen, Citizenship Act, Constitution Of India, Consultation, Government Of India, Immovable property, Indian Origin, Indian Passport, Laws, Nepal, NRI, PIO, Property In India, Proposals, Residential Accommodation, State Government | Comments (0)