> Foreign/ OCB JV Investments for acquisition & development?

Foreign/ OCB JV Investments for acquisition & development?

Posted at: 2014-12-05 
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A property is jointly held (and we find it difficult to realize the price expectation locally); we find a investor who can acquire the property at an mutually acceptable price and can further invest in development towards development and share in sale profits.How is this to be transacted be made feasible (the procedure) in two instances: (1) When the Investor is a NRI. (2) When the investor is a NOT a NRI/ PIO ; rather a Foreigner or OCB not registered with SEBI/RBI.

Thanks.