Starting a business by an NRI

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Dear

Can a NRI can start a real estate business in India( as Pvt LTD company).If so what all procedure should be followed. What all sections shall I go through.
Replies (3)
the NRI start pvt.company in india but as per the company act in private company required min 2 out of all director one who is a residents of india either incorporate foreign company
which all act shall I go through . What about FEMA guidelines

Is they are eligilble to start real estate business in india

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