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Shikha Patel

Can an NRI buy commercial property in India?

1 Answer
S
Shubhojit Deshmukh

Yes, NRIs may purchase commercial real estate in India under the restrictions of the Foreign Exchange Management Act guidelines. Therefore, NRIs can buy commercial assets like offices, retail stores, warehouses, and other types of commercial real estate. In addition, if the NRI wants, they can purchase the property individually or jointly with another NRI.

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