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=container> EMI Calculator | Loan Eligibility Calculator Help : NRI Guidelines Do non-resident Indian nationals require permission of Reserve Bank to acquire residential/Commercial property in India ? No permission is required from the Reserve Bank by non-resident Indian nationals to acquire immovable property in India. Are Foreign Nationals of Indian origin allowed to purchase immovable property in India? Yes. Foreign nationals of Indian origin, whether resident in India or abroad, have been granted general permission to purchase immovable property in India. What should be the method of payment for purchasing residential immovable property in India by Foreign Nationals of Indian origin under the general permission? The purchase consideration should be met either out of inward remittances in foreign currency through normal banking channels or out of funds from NRE/FCNR accounts maintained with banks in India. Non- resident Indians are staying abroad can the property be purchased...