Audry Fernandes (nil) 11 June 2012
Can a person of Indian Origin who has migrated to Canada and taken Canadian Citizenship purchase property in India?
If yes, what are the documents required and what are the points to be taken care of? Can they purchase with Canadian dollars?
Thank you
Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 11 June 2012
Buying a property undeniably ranks as one of the greatest Indian dreams. So it does not matter which part of the world you live in; a home in India is simply a must. And the Indian laws, over the years, have made this a fairly easy job. The Reserve Bank of India governs such transactions and they fall under the purview of the Foreign Exchange Management Act (FEMA).
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