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Foreign Direct Investment Has FDI in real estate opened up new routes for NRIs to patronize for their homeland?

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Old 05-22-2008   #1
Ekrina
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Join Date: May 2008
Posts: 5
Investment procedures

Hi everybody!

I'm a newcomer to the Indian market. Could you advise me on the following please:

- is it necessary to found an artificial person in order to buy property in India?

- Is RBI the only structure to authorize the investment in property? Or other additional authorizations must be obtained from Federal/local authorities?

Thank you very much in advance!!!
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