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Is NRI/PIO who has purchased residential or commercial property in India under general permission required to file any documents with Reserve Bank of India?

April 26, 2017Commercial India NRI permission PIO Property Residential

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Is NRI/PIO who has purchased residential or commercial property in India under general permission required to file any documents with Reserve Bank of India?

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• NRI/PIO who has purchased residential or commercial property under general permission is not required to file any documents with the Reserve Bank. • Is there any restriction on number of residential or commercial property that NRI/PIO can purchase under the general permission available? There is no restriction on number of residential or commercial property that NRI/PIO can purchase under the general permission available.