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Foreign national resident buy property in india

This query is : Resolved 
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(Querist)
22 November 2014 Can a foreign national of non-Indian origin resident outside India purchase immovable property in india, if yes then what is requirement fulfill.

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Amol S Joglekar

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Amol S Joglekar (Expert)
26 November 2014 Yes the property can be bought with PRIOR permission of RBI.
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saddam khan

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saddam khan (Querist)
27 November 2014 thanks for your replay but what is procedure...........
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 November 2014 Apply to RBI for the permission, describing the nature of ranscation and need for the same.
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