
The popular perception among non-resident Indians is that
Indian real estate laws pertaining to inheritance of acquisition by way of gift
are very complicated, but that is not really the case. In fact, they are quite
simple.
NRIs and persons of Indian origin can acquire residential or
commercial property by way of gift from a resident of India or an NRI. On the
other hand, a foreign national of non-Indian origin resident outside India
cannot acquire...