Can an NRI/PIO acquire residential/commercial property by way of gift under the general permission available?

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16 Jun 2020

joerust
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Can an NRI/PIO acquire residential/commercial property by way of gift under the general permission available?

Yes. Under the general RBI guidelines, NRI/PIO may acquire residential/commercial property by way of gift from a person resident in India or an NRI or a PIO.

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joerust
Administrator