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S
Sarvavas Dubey

Can an NRI buy property in India from another NRI?

1 Answer
C
Chandrima Acharya

NRIs in India can purchase real estate from other NRIs, but the transaction must adhere to the Income Tax Act and RBI guidelines. Before buying a property, NRIs should confirm that there are no liens or legal challenges and that the sale revenues are sent to their home countries through legitimate banking channels.

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