Can Foreign Embassies/Diplomats/Counsel General purchase/sell immovable property in India?
A.44.Yes. Under general permission available Foreign Embassies/Diplomats/Counsel 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.
Yes. Under general permission available Foreign Embassies/Diplomats/Counsel 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.
Related Questions
- XIII Acquisition/Transfer of immovable property in India by Foreign Embassies/Diplomats/Counsel Generals Q.44. Can Foreign Embassies/Diplomats/Counsel General purchase/sell immovable property in India?
- Can Foreign Embassies/ Diplomats/ Consulate General purchase sell immovable property in India?
- Can Foreign Embassies/Diplomats/Counsel General purchase/sell immovable property in India?
