Buying property in India

Christine

ViP

Member since 29 September 2008

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Christine

02 December 2011 11:20:03

42879

Christine

02 December 2011 11:20:03

42879

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

Delhi

prav

06 December 2011 08:05:23

prav

06 December 2011 08:05:23

Delhi

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

Bangalore

zukyboy2000

06 December 2011 08:09:27

zukyboy2000

06 December 2011 08:09:27

Bangalore

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

Mumbai

heathergupta

06 December 2011 18:00:31

heathergupta

06 December 2011 18:00:31

Mumbai

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