- As per the notification of RBI , NRIs can purchase of immovable properties in India without obtaining any specific permission.
- Further , being an NRI , you are allowed to purchase only residential or commercial property , and cannot purchase any agricultural land or plantation property.
- Hence, even you can purchase in your name as well after investing fund from the NRE bank account , and this account is tax free, and hence the purchase property from the NRE account is also tax free.
- Further, you can also purchase the property in your mothers name also, and can transfer from your directly via online .