Foreigner long term lease


Is it possible for a foriengner to have a lease written for more then 5 years. The owner of the apartment wants to rent for the life of the elderly foreigner up until their death for a large deposit. What long term lease can be written if any? This is in the Ajmer area of Rajasthan.

 
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Advocate

Lease for more than 11 months has to be by registered lease deed. Registration of the lease deed done with Sub-registrar of the district where property located. Secondly property given on long term lease to a foreigner is possible provided such foreiger is on long term visa for period for which the property us given on lease or if he holds OCI or PIO.
 
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Advocate

Lease for more than 11 months has to be by registered lease deed. Registration of the lease deed done with Sub-registrar of the district where property located. Secondly property given on long term lease to a foreigner is possible provided such foreiger is on long term visa for period for which the property is given on lease or if he holds OCI or PIO.
 
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They have a 10 year tourist visa good for 7.5 years. Thanks
 
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