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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. Can I get a loan from HDB to buy an Executive Condominium (EC) unit?The government or HDB does not grant any loan for the buying of EC units. EC buyers will have to arrange for their own mortgage financing through banks or financial institutions.. 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.