Question
Mr. V, a person of Indian origin and resident of the USA desires to acquire two immovable properties in India comprising i)a residential flat in
Mr. V, a person of Indian origin and resident of the USA desires to acquire two immovable properties in India comprising
i)a residential flat in Mumbai and
ii)a farmhouse on the outskirts of Mumbai.
Explain the steps he has to take in this matter having regard to the provisions of FEMA, 1999
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