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| Frequently Asked Questions |
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Answer
As long as you are basing your Indian origin on the Indian Citizenship Act of 1955, (57 of 1955), you can. Please confirm this yourselves.
For the purposes of purchasing an immovable property in India,
A foreign citizen (other than a citizen of Pakistan or Bangladesh, Afghanistan, Bhutan, Sri Lanka, or Nepal) is deemed to be of Indian origin, if:
He/she has at any time held an Indian passport.
He/she or either of their parents or grandparents were citizens of India by virtue of the Constitution of India or Citizenship Act 1955 (57 of 1955).
· Do foreign citizens of Indian origin require permission of Reserve Bank of India to purchase immovable residential properties in India?
No, RBI has granted general permission to foreign citizens of Indian origin, whether resident in India or abroad, to purchase immovable property in India for their bona fide residential purpose.
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