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PROPERTY GUIDE TO NRI

Who can purchase immovable property in India?
Examine the number of residential/commercial properties that can NRIs/PIOs can purchase beneath universal permission?
Can an office of a foreign company purchase immovable property in India?
Can immovable property be attained by presenting a gift?
Can a Non-Resident Indian inherit immovable property in India?
From whom can NRIs inherit immovable property?
Can an NRI/PIO/foreign national sell his residential/commercial property?
Can an agricultural land/plantation property/farm house in India owned/held by a non-resident be sold?
Can a non-resident gift his residential/commercial property?
Can an NRI/PIO/foreign national holding agricultural land/plantation property/farm house in India gift the same?
Can residential/commercial property be mortgaged?
How can an NRI/PIO make payment for purchase of residential/commercial property in India?
Explain the case of refunds, if any?
Can NRI/PIO avail of loan from an authorized dealer for acquiring flat/ house in India for his own residential use against the security of funds held in his NRE Fixed Deposit Account/FCNR (B) Account?
Can NRI/PIO, avail of housing loan in rupees from an authorized dealer or housing finance institution in India approved by the National Housing Bank for purchase of residential accommodation or for the purpose of repairs/ renovation/improvement of residential accommodation? How can such loan be repaid?
Can NRI/PIO avail of housing loan in rupees from his employer in India?
Can NRI/PIO repatriate the sale proceeds of immovable property? If so, then name all the terms?
Do an NRI/PIO repatriate the proceeds in case the sale proceed was deposited in NRO account?
If a loan was taken for a rupee by NRI/PIO from Authorized Dealer or housing finance institution for buying of residential property can an NRI/PIO repatriate the sale proceeds of that property?
Is there any constraint on residential properties in lieu of which sale proceeds can be repatriated by NRI/PIO?
If an immovable property was acquired by way of gift by the NRI/PIO, can he/she repatriate abroad the funds from sale?
If the immovable property was received as bequest by NRI/PIO can he/she repatriate the sale proceeds?
Do foreign embassies/diplomats/ consulate generals purchase/sell fixed property in India?
Can NRI/PIO rent out the residential/commercial property purchased out of foreign exchange or rupee funds?
Can a person who had procured immovable property when he was a resident, continue to hold such property after becoming an NRI/ PIO?
an account to which sale proceeds of such immovable property be credited?
Is sale proceeds of the dead set on property acquired by an individual when he was a resident be consign to abroad?
Can foreign nationals of non-Indian origin resident in India or outside India who had earlier acquired immovable property under FERA with specific approval of the RBI continue to hold the same? Do such properties are transferable?
Do a resident in India ruled by the provisions of Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000?

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