Shwas Homes Pvt Ltd also simplifies the hideous task of buying an immovable property by a foreign company in India. In case a foreign company wants to buy an immovable property in India they can do so by law under the general permission to foreign companies.
The Reserve Bank of India has given general permission to foreign companies to acquire or hold any immovable property which is necessary for or incidental to any activity carried on in India. The foreign companies engaged in manufacturing or trading activity will be permitted to open branches in India for the following purposes:
• To represent the parent company or other companies in various matters in India. For example: acting as buying/selling agents in India.
• To conduct research work in which the parent company is engaged provided the results of the research are made available to Indian Companies.
• To undertake export and import trading activity; and
• To promote technical and/or financial collaboration between Indian companies and overseas companies.
Shwas Homes not only guides its clients but also practically help them in possessing an immovable property hassle-free.
The Reserve Bank of India has given general permission to foreign companies to acquire or hold any immovable property which is necessary for or incidental to any activity carried on in India. The foreign companies engaged in manufacturing or trading activity will be permitted to open branches in India for the following purposes:
• To represent the parent company or other companies in various matters in India. For example: acting as buying/selling agents in India.
• To conduct research work in which the parent company is engaged provided the results of the research are made available to Indian Companies.
• To undertake export and import trading activity; and
• To promote technical and/or financial collaboration between Indian companies and overseas companies.
Shwas Homes not only guides its clients but also practically help them in possessing an immovable property hassle-free.
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