Indian Origin - India Investment Property

Tag Archives: Indian Origin

Facts Regarding Property Dealing With NRI

January 28, 2008 – 5:56 am

There are some queries regarding property dealing with NRI, which always create confusion. The most confusing matter is that when Reserve Bank’s permission is mandatory and when there is no need of all that stuff. Non-resident Indian do not require permission from the Reserve Bank to acquire residential or commercial property. [...]

By Rajani | Posted in Real Estate Information | Also tagged Acquisition, Bank Certificate, Banks In India, Citizen, Confusion, Fcnr Accounts, Foreign Exchange, Immovable property, Inward Remittances, Mumbai, Nre, NRI, Proceeds, Property In India, Purchase Consideration, Queries, Repatriation, Reserve bank, Residential Purpose, Rupee Account | Comments (2)

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, India Nri, Indian Passport, Laws, Nepal, NRI, PIO, Property In India, Proposals, Residential Accommodation, State Government | Comments (0)

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 [...]

By Rajani | Posted in Real Estate Information | Also tagged Afghanistan, Agricultural Land, Authorized Dealer, Bangladesh, Bank Mortgage, Bhutan, Confusions, Finance Institution, Immovable property, IPO, Iran, Nepal, NRI, Pakistan, PIO, Property In India, Reserve bank, Resident Citizen, Rules | Comments (0)