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
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.