Buying property in India

Christine ViP

Member since 29 September 2008

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ChristineViP02 December 2011 09:20:03

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Hi,

can a foreigner buy property in India?

If so, is it complicated? What is the process of purchasing a property in India?

Any tips for buying property, such as a check-list of items to verify ?

Thanks in advance for participating!

Christine

prav New member

Member since 07 January 2011

pravNew member06 December 2011 06:05:23

One can get in touch with property consultancy firms in India, One of the leading company is Jones Lang LaSalle Meghraj property sevices.

zukyboy2000 Active member

Member since 06 November 2011

zukyboy2000Active member06 December 2011 06:09:27

its quite difficult for a foreigner to buy properties in india. but i suggest you consult a property development company. they would definitely be of help

heathergupta Member

Member since 13 August 2011

heatherguptaMember06 December 2011 16:00:31

No I don't think a foreigner can buy property - you need a PIO card (person of Indian Origin) which you get only if you marry an Indian or have an Indian parent. Buying property is quite a process as you would expect. Main thing to watch out for is the demands for "black" money which some sellers want - basically under the table cash. Difficult to find a property which is 100% white but it can be done. Then post that, the usual hassles of registration and stamp duty etc.....

Hope this helps!

Heather