Purchase of property in india by a foreigner
Perumal Prabhu
(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
R.K Nanda
(Expert) 30 August 2012
No, he cannot.