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I want to know about NRI property investment

Q: Hi friends , i stay in Canada, but i want to buy a house in Delhi.I want buy house for my parents. Which area is good? and what are the documents needed?Kindly help

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Replies (4)
1
Hi Doel ,
Will be able to help you on this.
rohini


2
Hey Doel,

I have a very good proposal for you.
Abhishek


3
Hi Doel ,an NRI owns a property in India and wants to sell it away, he/she can sell it to another NRI or any person residing in India who is free from any legal issues. However, the purchase or sale of a farm house or other agricultural land is not permitted, but gifting of an agricultural land or a farm house or plantation land is permitted to a resident of India. The same follows with an NRI or a PIO.
Aloke Kumar Singh


4
In which are do you want to buy property? You can check this article Guidelines for NRIs buying property in India . Any particular budget you have?
Sanjay Gupta


5

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