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Foreign citizen buying land - queries

Q: Hi,
I have recently given up my Indian citizenship, and am planning to buy residential land in Kolkata. Problem is, the land has still NOT been converted from Shalee to Vaastu. The developer says it will be converted, and I have absolutely no reasons to NOT believe them.

But I am a bit grey on the applicable rules, whether I can still go ahead and make a purchase, or I need to wait till the land is converted, and when the price is quite high, of course, to buy it.

Can someone who is more aware let me know?

Replies (1)
1
Hey Buddy, I would suggest you to wait till the land is converted from Shalee to Vaastu as you will be on the safer side while buying the plot.
Abhishek


2

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