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FAQs

Who are the persons who can purchase immovable property in India ?
Who is a Person of Indian Origin (PIO)
Is an NRI or PIO who has purchased any residential/commercial property under the General permission required to file any documents with the Reserve Bank of India?
Is there any restriction on the number of residential or commercial properties that NRI/PIO can purchase under the general permission available?
Can a name of foreign national or non-Indian origin be added as a share holder to a residential or commercial property purchased by NRI or PIO?
Can a foreign national or non Indian origin resident outside India acquire any immovable property in India by way of purchase?
Can a foreign national of non-Indian origin acquire residential property on a lease in India?
Are Non Resident Indians (NRIs) & Foreign Citizen of Indian origin (PIOs) allowed to acquire or dispose immovable property in India?
How can an NRI / PIO make payment for purchase of residential / commercial property in India?
Can NRI's/PIO's rent out the residential/commercial properties in India?
What is the repayment option and tenure of loans from Authorised dealers and Financial Institutions?
Can an NRI give a Power of Attorney to a person in India for completion of loan formalities on their behalf?
How much loan can an NRI or PIO get?
Can foreign citizens of Indian origin acquire or dispose of residential property by way of gifting it?
What if an immovable property was held for less than ten years ?