“It cannot be made a ‘rule of thumb’ that every NRI cannot own a property in India. NRIs do come to India, every now and then. Most of the NRIs have to return to their native land. Each NRI wants a house in India. He is an independent person and can purchase any house in India, in his own name,” observed NCDRC while directing Supertech Ltd to pay around Rs 64 lakh to two NRIs for denying possession of a flat in Greater Noida in Uttar Pradesh.
Article referred: http://blog.scconline.com/post/2016/02/16/non-resident-indians-can-also-purchase-house-in-india/
Article referred: http://blog.scconline.com/post/2016/02/16/non-resident-indians-can-also-purchase-house-in-india/
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