Advertisements According to a statement released by the Indian central bank, Non-Resident Indians and Overseas Indian Citizens do not need prior approval to buy or sell real estate like homes in the countryThe Reserve Bank of India (RBI) has clarified that Non-resident Indians (NRIs) and overseas citizens of India (OCIs) do not require prior approval … Continue reading NRIs/OCIs do not require prior approval for acquisition and transfer of immovable property in India: RBI