Who qualifies as an NRI for property investment in India?

Any Indian citizen residing outside India for more than 182 days in a financial year is classified as an NRI.

Can NRIs buy any type of property in India?

NRIs can buy residential and commercial properties freely. However, agricultural land, farmhouses, and plantation properties are not permitted unless inherited.

Can an NRI jointly own property with a resident Indian?

Yes, provided both are legally eligible. An NRI can also co-own with another NRI/OCI/PIO.

Can NRIs buy property in India in the name of their children or parents?

Yes, as long as the child/parent is an NRI, OCI, or resident Indian.

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The content on this website is for general informational purposes only. While we strive for accuracy, all project details, plans, and designs are subject to change and may not reflect the final product. Urbando Housing LLP and its affiliates disclaim any liability for inaccuracies. Users should verify information independently and seek professional advice as needed. By providing your contact information, you consent to receive project updates from Urbando Housing LLP via call, SMS, or email.

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