Mogappair is a residential locality in north-west Chennai. The area was once called Maga-p-Peru, however with repeated mispronunciation of the word, the name was changed to Mogappair. The locality der...
PropTiger’s proprietary Livability Score signifies the quality of life a family will enjoy, living in a particular society and locality. This score is calculated based on data collected on quality of amenities in the nearby area and within society through rigorous effort of our data labs team.
Located in Mogappair, Chennai, Xanadu is a premium housing project launched by Fifth Field. The project offers Apartment in 1, 2, 3 BHK configurations available from 599 sqft to 1400 sqft. The project is Completed project and possession in Nov 16. Xanadu has many amenities, such as 24 X 7 Security, Landscaped Gardens, Multi Purpose Hall, Power Backup, Car Parking etc.
Do NRIs require consent of the Reserve Bank to buy immovable property in India?
No, NRI's do not require permission to buy any immovable property in India other than agricultural/plantation property or a farmhouse.
Is there any limit on the number of housing properties that may be purchased by an NRI?
There are no limits on the number of residential properties that may be bought by an NRI. However, repatriation (the process of converting a foreign currency into the currency of one’s own country) is allowed only in respect of two such properties.
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PropTiger.com shall neither be responsible nor liable for any inaccuracy in the information provided here and therefore the customers are requested to independently validate the information from the respective developers before making their decisions related to properties displayed here. PropTiger.com, its directors, employees, agents and other representatives shall not be liable for any action taken, cost / expenses / losses incurred, by you.Read disclaimer
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