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Can unmoveable property held in India, be Transferred by way of gift to relatives/registered charitable trusts/organisations in India ?

April 26, 2017charitable gift held India organisations Property registered relatives transferred trusts unmoveable

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Can unmoveable property held in India, be Transferred by way of gift to relatives/registered charitable trusts/organisations in India ?

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Yes General permission has been granted by Reserve Bank to non-resident persons (foreign citizen) of Indian Origin to transfer, by way of gift, immoveable property held by them in India to relatives and charitable trusts / organisations subject to the condition that the provisions of all other laws, as applicable are complied with