Can NRIs and foreign nationals buy, inherit or transfer Indian real estate?
Non-Resident Indians, Persons of Indian Origin, Foreign Nationals and Indian residents involved in real estate transactions are all affected by exchange control regulations, succession laws and taxes. Real estate investments involve emotional as well as financial decisions. In a rapidly shrinking world it has become common for individuals to have close connections with more than one country, which means that cross-border real estate investments are quickly becoming the norm. However, the ability to make such investments and the choice of...
