Maval is a tehsil located in the Pune district of Maharashtra and derives its name from the Marathi word mavalati which means the direction in which the sun sets. It is also historically significant f...
Located in Maval, Pune, Ozone Park is a premium housing project launched by S R Group. These units in Lonavala, are available at an attractive price points starting at @Rs 700 per sqft and will be available to buyers at a starting price of Rs 36.49 lacs. The project is Completed project and possession in Feb 15. Ozone Park has many amenities, such as 24 X 7 Security, Vaastu Compliant, Water Supply, Panoramic Plantation Internal Road Side, Power Backup 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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