Foreign national resident buy property in india

This query is : Resolved 

22 November 2014 Can a foreign national of non-Indian origin resident outside India purchase immovable property in india, if yes then what is requirement fulfill.


26 November 2014 Yes the property can be bought with PRIOR permission of RBI.

27 November 2014 thanks for your replay but what is procedure...........


27 November 2014 Apply to RBI for the permission, describing the nature of ranscation and need for the same.



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