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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.
Am I allowed to buy other residential property?No, EC owners are not allowed to acquire a share in another residential property/HDB flat within the MOP.If they do so, they will infringe the Executive Condominium Housing Scheme Act and HDB can compulsorily acquire their EC unit.2.. I am an ex-owner of an Executive Condominium unit bought from the developer and have taken the CPF Housing Grant for the purchase. Do I have to pay a resale levy when I subsequently buy a flat direct from HDB?Yes, you need to pay a resale levy of $55,000 if you subsequently buy a flat direct from the HDB.