1. How Can You Make an Investment in Real Estate as an NRI?

There are particular rules that NRIs must follow while buying a property in India.

1. An NRI can purchase any immoveable property that can be either commercial or residential, but are not allowed to buy any agricultural land, farm house or any plantation property.

2. The NRI can get any immoveable property as a gift from any Indian citizen, Indian resident or any person from the Indian origin.

3. The person can transfer the property if it’s his birth tight or legacy.

4. An NRI who owns the property in India has the right to transfer the property to any resident by selling it.

5. Agricultural land, farm house or plantation land can be transferred to any residence of India by gift.

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