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Do Foreign citizens of Indian origin require permission of Reserve Bank to acquire immovable property for their residential use?

acquire Bank citizens foreign immovable indian origin permission require Reserve
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Do Foreign citizens of Indian origin require permission of Reserve Bank to acquire immovable property for their residential use?

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Yes, however, foreign nationals of Indian origin, whether resident in India or abroad, have been granted general permission to purchase immovable property in India for their bonafide residential purchase.

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