Can Foreign Embassies/Diplomats/Consulate General purchase/sell immovable property in India?
A. Yes. Under General permission available Foreign Embassies/Diplomats/Consulate General may acquire any immovable property other than agricultural land/plantation property/farm house in India. Such property may be purchased/sold provided prior clearance from the Government of India, Ministry of External Affairs has been obtained for such purchase/sale. The consideration for purchase of such property should be paid by way of inward remittance through normal banking channel.