ACQUISITION AND TRANSFER OF IMMOVEABLE PROPERTIES -

• General
• Acquisition and Transfer of Properties in India

• General rule
• PIO for this purpose
• Acquisition of properties without prior approval

• By citizens of India
• By Persons of Indian Origin
• For carrying on permitted business activities

• Transfer of properties without prior approval

• By Indian citizen
• By a Person of Indian Origin

• Leasing of immovable properties
• Acquisitions / transfers requiring RBI approval
• Authority to approve

• Repatriation of Sale Proceeds

• Where property was acquired with foreign funds
• Where property was acquired with Indian rupees

• Housing loans
• Loans against mortgage of immovable property
• Acquisition and transfer of properties outside India

• Acquisition
• Transfer

• Foreign Direct Investment in Real Estate

• General
• Funding of investment