Sorry, you cannot vote on the same answer more than once.
Hi there,
As far as I know, you can rent out a property if you are an NRI. The property should be in the name of NRI. And the renter needs to pay the rent to an NRE or NRO account. The payer of the rent should obtain a TAN Number and deduct 30% TDS from the rent in this case. He has to provide the TDS certificate to NRI as well.
Also, if you are a foreigner you cannot buy or sell property in India. However, you can buy a property after RBI’s approval if the property is acquired from the person who inherited it from a person who was a resident of India. If you are a citizen from Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, or Bhutan you cannot buy immovable property. People who are residing in India will be allowed to buy the land after RBI's approval.
I hope you find this helpful.
Read more:
Can A Foreigner Buy Property In India?
Most Viewed Questions
How to Register Mobile Number in Indane Gas?How to apply for second cylinder in Indane gas online?Why water tanks are placed on high towers?How to delete NoBroker account?How to know my consumer ID number?Delete my accountHow did NoBroker become a Unicorn?घर के नाम संस्कृत मेंHow to check if gas cylinder is leaking?Hi Team, Kindly help us to join your esteemed firm as a Home- service partner for Pest-control, Deep Cleaning, Painting, Appliance Repairs, Plumbing, Electrical, Carpentry, Home Renovation, etc across pan India.
Which Day is Good for House Shifting?How to Check e Way Bill History ?Can we shift household items before griha pravesh puja?What is GRN number?I have to transport air conditioner ,fridge, furniture ,TV in train from Gulbarga to Vijayawada junction is it possible or not?How to Generate e Way Bill for Unregistered Person ?What to do if e way bill validity expired ?Can we generate E Way bill for back date invoice?How to Extend e Way Bill Validity After Expiry Date ?How to Do Griha Pravesh Pooja for Rented House?
Which Direction Should God Face in Home?Which are the top Vastu blogs in India?Which Facing House is Good for All Rasi?Which Direction to Keep Fish Tank in House?Are Honey Bee Nest Good or Bad in the House?How to Check Black Magic in House?Where to Keep Dead Person Photos in House?मधुमक्खी का छत्ता घर में शुभ या अशुभ?In Which Direction We Should Keep God Photos?How to Place Shiva Lingam at Home Direction?
How to Search Project on RERA Website?How many square feet are needed for a spacious 2BHK ?What is NoBroker Customer Care Number?What are the differences between Carpet Area, Built-up Area and Super Built-up area?How to Calculate UDS?How Much Square Feet Required for 1 BHK?Has anyone tried NoBroker paid plans? How is the experience?How to calculate FSI in mumbai?What is refuge area?What is undivided share of land?
What is deemed to be let out property?How to use vacant land to make money in India?what is heavy depositHow to delete the property posted for rent on NoBroker?How to terminate lease agreement early?I am unable to get free 9 contactपीजी रूम क्या होता है?How to get government land on lease in Karnataka ?मकान मालिक को किराया किस दिन देना चाहिए?I'm not able to get free owner contacts
How to download salary slip?How to Close PF Account Online ?How to Get Refund of Stamp Duty Paid in Maharashtra?How Can Change Nominee In Atal Pension Yojana?How to get salary slip online?How To Calculate Sinking Fund For Housing Society?Need to transfer PF amount and correct the father name in EPFO. How to do it?WE ARE IN PROCESS OF SELLING OUR INDUSTRIAL LAND AND BUILDING OF THE PARTNERSHIP FIRM NAME AND WOULD LIKE TO SAVE CAPITAL GAIN TAX IN A SIZABLE WAY. PLEASE GUIDE US FOR THE SAME.How To Check Gratuity Amount?What is DCRG in pension?
How to Find House Number in Village?How to Get EWS Certificate in Maharashtra?How to Write Application for Residential Certificate from Panchayat?How to Apply for EWS Certificate in Delhi?How to Change Name in Aadhar Card?How to Change Mobile Number in Ration Card?How to File a Complaint Against Illegal Construction?Can wife claim husband's ancestral property in India?How to Check Land Registry Online?What is Land Ceiling Act?
How to grow money plant in water faster?दीवार पर वॉलपेपर कैसे लगाएं?How many houses are in the world?What is the review of Livspace Interiors?छत की मोटाई कितनी होनी चाहिए?What is the NoBroker Home Interior Design Review?सबसे अच्छा tv कौन सा है?What is the Review of Bonito Designs Interior Services?सजावट वाले पौधे का नाम बताइएHow to cover window glass for privacy?
How to Find Ration Card Number?How to Check Balance in Vi?How To Know My Credit Card Billing Date HDFC?ACH डेबिट रिटर्न शुल्क क्या है?How to Lodge Complaint for Airtel Broadband?What is SSP payment in SBI credit card ?How to cancel ration card online?What is the Punishment for Credit Card Defaulters in India?How can I Activate my GPay and PhonePe Without an ATM Card?What is the Difference Between CTS and Non CTS Cheque?
What is PMC in construction?What is the average monthly home maintenance cost?how to manage rental property by selfwhat is building management system ?What is apartment management system?how much does a property manager costWhat is property management?What is property maintenance?What is the process of society election?How to File a Complaint Against a Property Management Company?
Who is Responsible to Get Leakage Repair in Society Flats?If Society Member Not Paying Maintenance?Who Cannot Become Committee Member of Housing Society?Where to complaint against housing society?Car parking rules in housing societyIs GST applicable on maintenance charges collected by builders?Who can become chairman of housing society?सोसायटी ना हरकत दाखला नमुना?Who can become committee member of housing society?Two Wheeler Parking Rules in Housing Society
Recently Published Questions
Which Putty is Best JK or Birla?What is Limewash Paint?How to join job partner in NoBroker?How to join job partner in NoBroker?How to Apply Acrylic Wall Putty?What is the Best Kitchen Sink Brand?How to Fix a Shower Faucet Handle?What is Painting Cost for 1200 Sq Ft House?What is Painting Charges for 2 BHK in Bangalore?What is Painting Cost Per Sq Ft in Hyderabad?
What is Riya Cargo Packers and Movers Review?What is the National Packers and Movers Review?What is Metro Domestic Packers and Movers Review?What is Riya Cargo Packers and Movers Review?How to Pack Carpet for Moving?What are the Pune Cargo Packers and Movers Review?What are the Pune Cargo Packers and Movers Review?What are the Pune Cargo Packers and Movers Review?What are the Bhavika Packers and Movers Chennai Reviews?What are the Rajdhani Packers and Movers Hyderabad Review?
Where should I keep my metal swing in my garden?Where to Keep Iron Safe as Per Vastu?Which Direction to Keep Salt in Kitchen?Where to Keep Rice As Per Vastu?Where should Kuber yantra be placed in the house ?How to Decorate Bedroom According to Vastu Shastra?उत्तर मुखी मकान में शौचालय किधर होना चाहिए?कौन से महीने में मकान बनाना चाहिए?How to Divide Plot as Per Vastu?Wash Basin Direction as per Vastu
What are the Reviews of Raheja Vivarea, Koramangala, Bangalore?What is Land Rate in Kolathur Chennai?What is the Land Price in Saket Delhi?What is the Land Rates in Medipally Hyderabad?Is the 1031 exchange available in India?Which is the App for Buying Flats?How many square feet are needed for a spacious 2BHK ?I posted my property many Times, but it Showing that the ad is Inactive. Can you Help?Noida or Delhi Which Is Better?How to calculate FSI in mumbai?
How do I Advertise a Room for Rent?Do Rent Receipts Need to be Signed by the Landlord?How to use vacant land to make money in India?What is deemed to be let out property?Which is the Best Rental Property App?Who is Responsible for Building Insurance Landlord or Tenant?Is Landlord Insurance Compulsory in India?Can Police Evict a Tenant?Is Landlord Responsible for Damage to Tenant Property?Can a Landlord Give Out Tenant Information?
How to Close PF Account Online ?What is broken period interest?How to Find Cheque Number?What is Suspicious Transaction Report?The Society is Charging me Corpus Fund after 7 Years of my Agreement with the Builder and all Requisit Payments made to the Builder.Why Is there a Need for me to Show my PAN for a Loan Below 50 Thousand?Does a builder give both rent and corpus fund while redevelopment? What is corpus fund can you please explain in detail ? What is the loss of building member if they dont take corpus find? Its important as my building members are not aware about it and I dont have much knowledge please explain.What is HDFC Home Loan Interest Rate Female?What is LIC Plot Loan Interest Rate?What is Shubham Housing Finance Rate of Interest?
Why is Meda Greens blacklisted by RERA?Clarification on Settlement Deed - Out of 7 members, 6 members has signed to provide their share to a buyer. 7th member has not signed and his share is still pending. How can this buyer get patta for this 6 shares?What is Custodian Property Law in India?Can a Government Authority Increase the Lease Arbitrary?Is it legally sustainable for the tenant to breach the lock-in period in case of cracks in the building due to faulty construction?What happens to assigned land after assignee dies? Can the descendents claim for Mutation?Pita Ki Paitrik Sampatti Zamin Ko Pita Ke Jeete Ji Kya Beta Zamin Bech Registry Kar Sakta Hai?How to See the Map of my Farm Land?How to See the Map of my Farm Land?Whom to contact for development agreement-related queries?
What are Decorpot Interior Reviews?What are Decorpot Interior Reviews?What are Wudbell Reviews?What are the Asense Interior Reviews?What are Decorpot Interior Reviews?What are Decorpot Interior Reviews?What are the Asense Interior Reviews?What is UV Marble Sheet?What is the Difference Between Modular and Semi Modular Kitchen?What are the Asense Interior Reviews?
Post Dated Cheque Validity?I'm a renter and I have a query about points digit that will be counted in reading in digital metreHow to Transfer HP Gas Connection to Indane Gas Connection Offline or Online?How to get my Bill Receipt?What is a Utility Bill?What is token amount?Best Credit Card for Utility Bill Payment?What is a Wire Transfer?What is a Wire Transfer?What happens if credit card bill is not paid?
What is the average monthly home maintenance cost?What is the average monthly home maintenance cost?What is property management?How to find the property manager of a building?How to get repossession of a flat after contract termination with a property management company?How do I Terminate a Property Management Agreement?What is property management?how much does a property manager costWhat is property maintenance?What is the average monthly home maintenance cost?
Can a co-opted member become an office bearer in a managing committee?Which is the Best Society Security App?How to Register a Society/Apartment in Hyderabad City in Humayun Nagar/Mehdipatnam area?Which is the Best Apartment Management App?How to Download NoBroker Ambassadors Club Eligibility Form?Does the Provisional Member Hold the Right to Contest in the Election of Managing Committee of Housing Society?Which is the Best Apartment Maintenance App?Car parking rules in housing societyLetter from Society to Society Owner that Owner Sister Cannot Become the Housing Member of the Committee. What to do?What is the Role of Treasurer in Housing ociety?
Can a foreigner of non Indian origin buy an apartment in India and earn rental income?
samarth kothari
👁572Views
February 3, 2022
2022-02-03T10:40:29+00:00 2022-02-08T17:21:27+00:00Comment
1Answers
NRI
Share