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pashyanti (legal manager)     28 February 2011

Status of investment by NRI

Dear all,

Thanks for the valuable support by all of you from time to time I have recd.

My query is regarding the following:

Are there any legal hurdles or restrictions on NRI if he want to purchase the immovable property in India?

Are there any rules prescribed by the reserve bank of india or any other govt. authority in India to NRI regarding the investment in immovable property in India by him/her?

Thanks in advance.




 1 Replies

ahmed (document writer)     02 March 2011

Tthere is no restrictions for purchasing any movable or immobale property by NRI but he/she have to be indian nation if he/she is foreign nation he/she have to obtain the clearance from RBI before purchasing any property.  

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