Acquiring of RESIDENTIAL property

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 June 2011 Can a Foreign citizen of Indian Origin acquire RESIDENTIAL property in India? What is the procedure?

07 June 2011 As I know, NRI has been given a general permission to acquire property in India.
But in case of POI who is not an Indian Citizen RBI Approval is required.


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