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What are the avenues for NRIs to invest in Immovable Properties in India?

April 26, 2017avenues immovable India invest NRIs properties

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What are the avenues for NRIs to invest in Immovable Properties in India?

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NRIs, irrespective of their citizenship can freely acquire and transfer residential/commercial properties in India (barring agricultural land and plantation), with repatriation of foreign exchange equivalent of cost of acquisition (maximum two in case of residential houses) and no restrictions as regards holding period.