Understand legal nitty-gritty of investing in Indian realty for NRIs

NRIs must ensure that the project they invest in is registered with the state RERA authority and complies with its regulations

Though the Indian real estate environment has once again become conducive for investments by non-resident Indians (NRIs), they often hesitate to take the plunge because of uncertainty about  legal implications. Here are answers to some of the questions that NRIs in the Gulf often ask. 

Bequeathing property: NRIs ask whether they can use a Will to bequeath property in India. The answer is that NRIs can certainly bequeath property to their legal heirs, or anyone of their choice, via a Will. An NRI can also inherit any immovable property in India, whether it is residential or commercial — and even