The Reserve Bank of India (RBI) allows Non Resident Indians (NRIs) to purchase any residential or commercial property in India, without seeking any special permission from the country’s central banking institution. NRIs are not even required to communicate or inform the RBI about the same. Under the Income Tax laws and current general permissions, NRIs[...]
Read MoreIt is 2018, the start of a new year, and investing in Indian real estate for Non-Resident Indians (NRIs) is poised for accelerated growth. Over the past few decades, the NRI population has been growing rapidly, and is now estimated to have crossed 12 million people.
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