Real Estate India: Can a Non Resident Indian Buy Property In India?
Question asked by Mr Subedar from UK:
As a British citizen but born in India /Gujarat can i buy a property in Mumbai if yes then please show me some new properties in Mumbai in a good locality. Thank you for your information
Mr. H. Subedar. Uk
Vatsala Answers:
If you are 1) a person of Indian origin (father, grandfather or great grandfather should have been an Indian) or 2) if you have held an Indian passport, then you can purchase an immovable property in India. You cannot purchase immovable property in India simply because you were born here, as it does not confer citizenship.
For more information, kindly visit at Real Estate India or Online Real Estate Video.
As a British citizen but born in India /Gujarat can i buy a property in Mumbai if yes then please show me some new properties in Mumbai in a good locality. Thank you for your information
Mr. H. Subedar. Uk
Vatsala Answers:
If you are 1) a person of Indian origin (father, grandfather or great grandfather should have been an Indian) or 2) if you have held an Indian passport, then you can purchase an immovable property in India. You cannot purchase immovable property in India simply because you were born here, as it does not confer citizenship.
For more information, kindly visit at Real Estate India or Online Real Estate Video.