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Buy Property in India From UK

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        Get WeCareInvest Vital to tell People from UK to invest Indian Realty Market

        Know India real estate an elite solution to live in as well as to consider it the most exclusive preference to invest in. Though the real estate market in India comes fruitful with huge number of Indian properties, it has its sound across the country too to have been enthralling people from UK to buy property in India in a big amount. As a whole, purchasing a property unquestionably ranks as one of the greatest Indian dreams. So it does not mean which part of the country you live in. As the Indian laws have made this a fairly easy job over the years, the Reserve Bank of India rules such transactions and they go down under the purview of the Foreign Exchange Management Act (FEMA).

        In this column, we give you a lowdown on all that you need to know if you are an UK citizen wanting to buy a property in India. To start on with, we need to recognize the description of non-resident Indian. Since the property purchases are ruled by FEMA, we need to pass by the definition of NRI as stated in FEMA. According to FEMA, an NRI or citizen from UK is a citizen of India who is resident outside India.

        Now let us know the rules and implications to buy property in India for UK citizen:

        Can UK Citizen Purchase Property in India?

        Yes, UK Citizen is allowable to buy non-agriculture land in India with no restrictions. Also he/she is eligible to buy property if:

        a)      He/she at any time held an Indian passport;

        b)      He/she or either of his/her parents or grandparents was in Indian citizen;

        c)       He/she is married to an Indian citizen or a PIO. For the purpose of simplicity, NRIs pass on to both for the remainder of this article.

        UK Citizen in India

        FEMA Affects

        In accordance to the Reserve Bank of India, the acquisition of property in India by foreign nationals gets regulated by Section 6(3)(i) of the Foreign Exchange Management Act of 1999. Yes, this regulation means to cover the acquisition and transfer of property in India.


        According to this act, a person living outside of India could have property in India. The act establishes that people who are not residents of India and not of Indian origin are not allowed to have property in the country.[/tab]

        Know NRIs and PIOs


        Non-resident Indians (NRIs) is liable to purchase property in India with no residency. NRIs have an Indian passport and nationality, although they have moved abroad from the country.


        The PIO status permits someone of Indian origin for up to four generations to be permissible to have property in India. This inclusion has accelerated much of the property boom in India.

        Altogether, the Indian government set up the Overseas Citizenship of India plan to let a type of double nationality to NRIs and PIOs. The PIO status is done to ultimately be held up by the OCI status.

        How to endow in Real Estate by UK Citizen?

        According to the regulations of FEMA and RBI, an NRI is permitted to make specific investment in real estate. An UK citizen is allowed to accomplish the following investments in property.

        1. Any immovable property could be purchased by an UK citizen in India other than any agricultural land, farm house and plantation property.
        2. He may get any immovable property as mentioned above by gift from Indian resident, Indian citizen residing outside India or person of Indian origin.
        3. Obtain any property by inheritance.
        4. He could move immovable property to any resident of India by sale.
        5. He may move any agricultural land or plantation land to any resident of India by gift.
        6. Also he could transfer his residential or commercial property by means of gift to any person either residing in India or abroad or person of Indian origin.

        • General permission has been provided to non-residents of India holding Indian passports, whether resident in India or not, to set out of by sale or inheritance immovable properties situated in India subject to certain conditions.
        • Non-residents having Indian passports have been permitted to repatriate original investment in equivalent foreign exchange in residential/commercial properties after getting prior approval subject to a maximum of two houses under certain conditions.
        • No transfer of any immovable property exceeding the precise value for different cities can be affected unless details are filed with the proper authority of the Income Tax department within 15 days of signing the agreement.
        • As stated by a fresh scheme of capital gains tax with effect from 1993-94, rather than taking away from the proceeds of transfer, real amount spent to get the benefit or the amount spent on development thereto, the inflation index adjusted cost will be deducted. The legal fees and other expenses sustained in selling the property would be permissible as a deduction from the taxable capital gains.

        Investment in India real estate renders itself as an easy move but there are numerous drawbacks as well. As a whole, one should be careful enough at the time of purchase to secure the deal. Few points of consideration are under:

        1. Property Name: The name of property should be clear from issues and the seller should have the necessary right to sell it, mostly if it is inherited or any joint property.
        2. NDC: Always ensure that there will be no terrific electricity/water bills or any other authority dues pending with the property. Get a no dues certificate from the seller at time of purchase.
        3. Bank Release Letter: Sure! It is advisable to get the bank release letter from the concerned bank, if the property had been mortgaged as security in any type of loan.
        4. Permits: The property of sale should have all authorization and lets from the public authorities in terms of construction.

        Making no line-of-doubt to say that India’s real estate growth prospect attracts a lot to investors from every part of the world as well as UK Citizen is looking to take advantage of purchasing property in India. On the other hand, there render various rules and regulations which should be followed by the UK Citizen in order to have a property in India.

        Steps to UK Citizen for Property to Buy

        At WeCareInvest, here are a few steps which should be followed by an UK Citizen for property to purchase: