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