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Best Answer: You can buy a property in India however not agricultural or plantation properties. Once you hold a British passport you are required to renounce your Indian citizenship since your country does not allow dual citizenship.
1. How many Indian Rupees does a person need in India to buy the equivalent amount of goods that a person can in the US with $500? If for every $1 in the US, we only need $0.3 in India, for $500, we only need $150. So that in INR would be = â¹ 9600 2. A person has $500. They go to India, exchange that amount to Indian Rupees. How much would that be worth in India relative to what $500 is worth in the US? Ok, so I have $500. By Purchasing Power Parity $0.3 of my money will allow me to buy in India the equivalent of what $1 buys in the US. So we have: $0.3 => $1 $500 = ? It comes out to ~$1667