By Means of Purchase:
Under the general permission granted by RBI, a Non-Resident Indian/ PIO can purchase residential properties in India if the person has a valid poof of address in India or an OCI card.
By Means Of Gift:
Yes, a Non-Resident Indian/ PIO can acquire a residential property by way of a gift from a person in India or an NRI/PIO
By Means Of Inheritance:
Yes, an NRI/PIO/foreign national of Indian origin can acquire residential property by way of inheritance from a person who is a resident of India as per the Provisions of Section 6(5) of the Foreign Exchange Management Act, 1999. There is also a provision for NRIs/PIOs to acquire residential properties by way of inheritance from a resident outside India by following the guidelines set by the RBI, provided that the bequeather had acquired such property in accordance with the foreign exchange law at the time of purchase.