Due to increased demand, NRI investment in India is likely to see high returns in properties across the major cities. Some popular and best cities for NRI investment in India are Bangalore, Mumbai, Pune, Hyderabad, and Gurgaon. There are multiple reasons for this, such as economic growth, rental demand, and infrastructure. However, if you’re planning to invest in real-estate in India as an NRI, there are some legal formalities you must be eligible for.
FEMA 1999 regulated that NRIs can invest in residential and commercial properties in India but cannot purchase agricultural land, farmhouses, and plantations.
You must provide a copy of your passport and PAN card, which will authenticate your country’s identification.
So, that’s all about NRI investment in India. You should also read
How Can NRI Invest in Indian Real Estate?I hope this helps.
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Which State is the Best for NRIs to Invest in?
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2025-02-18T11:15:41+00:00 2025-02-20T13:30:55+00:00Comment
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