Acquisition of Real Estate by NRIs/ OCIs/ Foreign Nationals of Non-Indian Origin in India

About Book

Investing in Indian real estate can be both lucrative and complex, especially for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs). Navigating the intricate web of regulations and processes under the Foreign Exchange Management Act (FEMA) can be daunting, often leaving potential investors hesitant and unsure.

This comprehensive book, "Acquisitions of Real Estate by NRIs and OCI," is your one-stop resource for demystifying the intricacies of real estate transactions for NRIs and OCIs in India. Packed with up-to-date information, it empowers you to make informed decisions and navigate the process with confidence.

Within its pages, you'll find:

• A clear breakdown of FEMA regulations: Gain a thorough understanding of the key provisions outlined in Notification No. FEMA 21(R)/2018-RB, the Master Circular (FEMA 21/2000-RB), and the Master Circular on Acquisition and Transfer of Immovable Property in India.
• A step-by-step guide to the transaction process: Follow a laid-out roadmap, from identifying the right property to finalizing the purchase, ensuring a smooth and compliant journey.
• RBI's official FAQs: Get your questions answered directly by the source, leaving no room for ambiguity or confusion.
• A compilation of relevant RBI circulars: Stay updated with the latest regulations and directives issued by the Reserve Bank of India, giving you peace of mind knowing you're operating within the current legal framework.

Whether you're an NRI planning to invest in your home country or an OCI seeking a piece of India, this book is your indispensable guide. By equipping yourself with the knowledge and insights within, you can confidently navigate the real estate landscape and secure your dream property in India.