The RBI has granted general
permission to NRI\'s and foreign citizens of Indian origin, to let out their
residential properties acquired for their bona fide residential purpose but
which on account of their residence abroad, are not required for their
immediate residential purpose.
However, there are restrictions
regarding the repatriation of the rental income earned from such letting out of
the property. The rental income is on a non-repatriation basis. Thus funds
(rental income) must be credited to the NRO Account/ Resident Accounts in India. | 
