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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.
I have a copy of all the original property documents. The potential buyer can get it verified with the bank as well.. To avoid confusion while finalising a deal, here's how you can sell (or buy) a house against which a loan is outstanding.Get the property documents in order.han plans to sell his 2-BHK house at Goregaon, for which he has an outstanding loan of Rs 19 lakh. He has purchased another house through a bank loan and is finding it difficult to process both. So, he has decided to sell one. How he plans to settle the loan. The potential buyer has agreed to pay him a lump sum.