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FAQ's
List of questions :
1. What are the tax implications of sale of any house property, commercial or residential?
2. Do non-resident Indian citizens require permission of Reserve Bank to acquire residential/commercial properly in India?
3. Do foreign citizens of Indian origin require permission of Reserve Bank to purchase immovable property in India for their residential use?
Answers :
1. What are the tax implications of sale of any house property, commercial or residential?
Ans. No such benefits are available for commercial Properties.
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2. Do non-resident Indian citizens require permission of Reserve Bank to acquire residential/commercial properly in India?
Ans. No.
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3. Do foreign citizens of Indian origin require permission of Reserve Bank to purchase immovable property in India for their residential use?
Ans. Yes. However, Reserve Bank has granted general permission to foreign citizens of Indian origin, whether resident in India or abroad, to purchase immovable property in India for their bonafide residential purpose. They are, therefore, not required to obtain separate permission of Reserve Bank.
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Property for sale


New 2 BHK at Raheja Vihar in Chandivali

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800 Sq Ft Office at Royal Palms

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Property to Lease


2 BHK at Royal Palms, Beautiful View

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Mr Damania

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