Yes, NRIs (Non-Resident Indians) are allowed to purchase property in India.

Is there any restriction on the number of properties an NRI can purchase in India?

No, there is no restriction on the number of properties an NRI can purchase in India.

The process of buying a property for NRIs is similar to that for resident Indians, but NRIs may have to comply with certain foreign exchange regulations.

Yes, an NRI can sell a property in India.

No, it is not necessary for an NRI to be present in India to sell their property. They can authorize a Power of Attorney holder to take care of the sale process on their behalf.

NRIs can transfer money to India for purchasing property through the authorized dealer banks using the facilities of NRE/NRO accounts or FCNR accounts.

Yes, NRIs are eligible for home loans to purchase property in India.

Yes, an NRI can rent out the property they own in India.

NRIs are subject to tax on rental income earned from property in India at the slab rate applicable to them.

If an NRI earns rental income from a property in India, they are required to file income tax returns in India.