Planning to Buy Property in India? Here are Some Things you Should know as NRI
Being an NRI is slightly different than other locals that are living in India and there are certain rules that make them different from the local Indian. When it comes to the property then there are some important things that you have to know as an NRI and it will surely benefit you when you are planning to invest in Real Estate in India. Buying a property or investing in one is more lucrative in India and some really reasonable rates over the past few years. Anyways, here are some important things that you have to know about Real Estate in India as an NRI. 1) What can an NRI Buy? An NRI can buy any immovable land in India other than any agricultural land and farm houses or the areas known for plantation with NRI NRO Accounts. If you still want to get your hands on the lands or the agricultural land then you have to get approval from the RBI side to approve and that thing will take time. So, if you are running late already then you should never choose any plantation land to in...