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Are Non-Resident Indians (NRIs) allowed to purchase a Residential Property in India?

April 26, 2017allowed India indians non-resident NRIs Property purchase Residential

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Are Non-Resident Indians (NRIs) allowed to purchase a Residential Property in India?

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Non-Resident Indian’s and People of Indian Origin with Foreign Passport Holder can purchase of residential property in India. They are treated wholly as Indian Citizens and therefore don’t require permission to purchase from the Reserve Bank of India.