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Purchase of property in india by a foreigner

(Querist) 30 August 2012 This query is : Resolved 
Sir/Mam

Kindly clarify whether a foreigner (Not an NRI and not citizen of India)can purchase a house property in India? However the person is having a British citizenship and having bank account in India.

Thanking You

With regards
S. P. Prabhu
Sudhir Kumar, Advocate (Expert) 30 August 2012
Yes. He can
R.K Nanda (Expert) 30 August 2012
No, he cannot.


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