OCI and property ownership

[ashleiyy]

Hi. I am currently working in Singapore and wish to apply for a citizenship here. I want to apply for an OCI later. I know that OCI holders can own residential property in India. My question is the other way around: if I already own residential property in India can I still apply for OCI. I already own a house in India for which I am paying EMI, and I just want to know if I will be allowed to maintain ownership of that house if I were to renounce my Indian citizenship at this stage and apply for OCI. Will there be any ownership issues once I cancel my Indian passport.

Thanks

[immihelp]

Yes, you can continue to maintain the ownership of your house in India even after you cancel your Indian passport and get foreign passport and OCI.