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Back to Top of Index Question-142: Can NRIs send drafts issued by Exchange Houses for acquisition of residential flats in India ?

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Back to Top of Index Question-142: Can NRIs send drafts issued by Exchange Houses for acquisition of residential flats in India ?

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Yes. NRIs can send drafts issued by Exchange Houses in favour of co-operative housing societies/estate developers for acquisition of residential flats in India in individual names.

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