Legal Question in Real Estate Law in India

Can NRI's have more than one owners of a property in India for e.g. a Residential Property? We are a group of NRI's and we would like to invest on some Residential properties in India.


Asked on 3/23/14, 1:30 pm

2 Answers from Attorneys
anuradha Dixit +9312411481 dixitlawfirm

there is no restriction on the number of properties the NRI can purchase.but you cannot purchase farm land and agriculture properties or a plantation. for further query contact 9312411481.

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Answered on 3/23/14, 8:16 pm
Fca Prashant Chavan Expert Edge LLP

24.03.2014

Dear Sir / Madam,

Yes, a Non-Resident Indian (NRI) can invest and own more than one residential property in India.

Regards,

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Answered on 3/23/14, 8:43 pm


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