|
When looking at property for sale in India it is important to note foreigners can purchase property in India, but first have to either be resident in the country or form an Indian company. Recent changes to investment laws state that foreigners can directly purchase land or property for any reason, but the construct has to be over 25 hectares (10 acres) or 50,000 square metres. This law was mainly to encourage business investments, and is not the best option for individuals.
Persons of Indian nationality not living in the country are free to purchase property as they so choose.
|
