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NRIs Buying Homes in India: Key Eligibility & Tax Insights
Non-Resident Indians (NRIs) can now buy homes in India with ease. Key requirements include using recognized banking channels for payments, as cash deals are not allowed. NRIs can access loans similar to resident buyers, although the PMAY subsidy scheme is unavailable to them. Affordable housing options are emerging across various Indian cities, making it an attractive market for NRIs.
⚖️ AI Verdict
"Buying property in India just got easier for NRIs—no cash, no problem!"
File ID: #260058Original Source: Times Of India ↗
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