NRI Buying a Flat in Mumbai: Rules, Accounts, Documents
NRI buying a flat in Mumbai? See what is generally allowed, how to pay through NRE or NRO accounts, which documents to prepare and what to check.
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Mumbai Real Estate Insights · NRI Buyers NRI Buying a Flat in Mumbai: Eligibility, Accounts and Documents A Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) cardholder can buy a residential flat in Mumbai without separate approval from the Reserve Bank of India, provided the payment follows the rules. The practical work is in the banking channel, the paperwork and the checks you can do from abroad. This Banke India guide sets out what is generally allowed, how payment should be made, which documents to prepare and what to
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