Sir, I want to know that Does Indian Law permits Overseas firms / Hotel groups to buy property in India? Can NRI purchase hotels / heritage property in India ? Thank you.
Asked on 2/18/10, 9:19 pm
1 Answer from Attorneys
Sudershan Goel
India Law Offices of Sudershan Goel - Advocate
Yes, NRIs or PIO card holder are allowed to purchase commercial property in India.
Answered on 2/19/10, 3:52 pm
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