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Yes, foreign nationals of certain countries can invest in Indian properties under the FDI route. However, specific conditions and regulations apply.
Real estate agents assist in property transactions, connecting buyers and sellers. They provide market insights, negotiate deals, and facilitate paperwork.
Yes, property investors need to consider factors like capital gains tax and rental income tax. Consulting a tax professional is advisable.
Engage a legal expert to verify property documents. This process, known as due diligence, ensures that the property has a clear title.
Residential apartments, commercial spaces, and land are popular property types for investment in India. The choice depends on your investment goals.
Unless they reside in India for 183 days in a financial year, it is not legal for foreigners to own property in India. Foreigners can’t buy property using a tourist visa and a tourist visa will allow them to stay for only 180 days.
A foreigner also can’t buy a property jointly, one eligible person with one non-eligible person can’t buy property in India.
Yes, the government has introduced schemes like Pradhan Mantri Awas Yojana (PMAY) to promote affordable housing. These schemes offer subsidies and incentives.