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Bhargavi Biswas

Can NRI or PIO buy property in India jointly with foreign citizen?

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R
Rajini Ganguly

NRIs or PIOs (Persons of Indian Origin) cannot purchase real estate in India in a combined transaction with foreign nationals. According to Indian law, a foreign national may only get property there as a gift from an NRI or Indian citizen or through inheritance. Nonetheless, PIOs and NRIs can purchase real estate in India together.

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