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Lot of NRIs are buying property, for their parents or relatives. How does that works, can you gift a sort of property in any amount?

April 26, 2017buying gift NRI Parents Property relatives sort

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Lot of NRIs are buying property, for their parents or relatives. How does that works, can you gift a sort of property in any amount?

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Yes, you can gift properties, you can bequeath properties to your relatives here. to your parents, you can gift them houses. Not an issue.