One of the Indian Government's principal trade objectives is to capture the benefits of trade liberalisation and international investment for India by pursuing a multi-faceted trade policy of progressing complementary multilateral, regional and bilateral partnerships.

The FIPB and RBI are responsible for investments by overseas and foreign multinational companies in India . Rules and regulations for owning and leasing of land by foreign companies are governed by them from time to time. Coldwell Banker Commercial^® Goodwill Consultants with its large network of associates across the world is able to liaison with Foreign Multinational Companies for their property requirements in India.

Under the general permission granted by Reserve Bank properties other than agricultural land/farm house/plantation property can be acquired by foreign citizens of Indian origin provided the purchase consideration is met either out of inward remittances in foreign exchange through normal banking channels or out of funds from the purchasers' NRE/FCNR accounts maintained with banks in India and a declaration is submitted to the Central Office of Reserve Bank in form IPI 7 within a period of 90 days from the date of purchase of the property/final payment of purchase consideration.

The capacity to invest in India by foreign economies is increasingly becoming as important to global growth as the capacity to trade increases. India is one of the preferred destinations for setting business be it in manufacturing sector or service industries like Software, Telecommunications, IT enabled services etc.

The natural outgrowth of this increase trade is requirement of good quality commercial premises and that is where Coldwell Banker Commercial^® Goodwill Consultants steps in.

Accordingly, bilateral free trade agreements (and to some extent multilateral agreements) now perform a larger role than just the removal of trade barriers. They are an instrument to promote two-way investment and to define investment parameters.

Click here for a Obligation Free Appraisal for your requirements for Commercial properties in India.