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Can a foreign national of non-Indian origin resident outside India transfer by way of gift agricultural land / plantation property / farm house acquired by him in India?

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Can a foreign national of non-Indian origin resident outside India transfer by way of gift agricultural land / plantation property / farm house acquired by him in India?

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No. A foreign national of non-Indian origin resident outside India would need to seek prior approval of Reserve Bank for transfer by way of gift agricultural land / plantation property / farm house acquired by him in India.

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No. A foreign national of non-Indian origin resident outside India would need to seek prior approval of Reserve Bank for transfer by way of gift agricultural land / plantation property / farm house acquired by him in India. VII. Transfer of residential / commercial property in India by way of mortgage by a person resident outside India.

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