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Can a person resident outside India (i.e., a NRI or a PIO or a foreign national of non-Indian origin) acquire agricultural land / plantation property / farm house in India by way of purchase?

April 26, 2017foreign India National non-Indian NRI outside person PIO resident

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Can a person resident outside India (i.e., a NRI or a PIO or a foreign national of non-Indian origin) acquire agricultural land / plantation property / farm house in India by way of purchase?

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No. A person resident outside India cannot acquire by way of purchase agricultural land / plantation property / farm house in India.

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A. No. A person resident outside India cannot acquire by way of purchase agricultural land / plantation property / farm house in India.

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No. A person resident outside India cannot acquire by way of purchase agricultural land / plantation property / farm house in India. III. Acquisition of immovable property in India by way of gift by a person resident outside India.