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Home > Forum > Mumbai > Other > Are foreign citizens of Indian origin eligible to buy commercial properties in India?

Are foreign citizens of Indian origin eligible to buy commercial properties in India?

Q: Are foreign citizens of Indian origin eligible to buy commercial properties in India?

buy commercial properties in india
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Reserve Bank of India has permitted buying of commercial properties other than agricultural land/farm house/plantation property to foreign citizens of Indian origin. Purchase consideration is can be met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchasers' NRE/FCNR accounts maintained with banks in India.
Sanjana Jain


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