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What are the guiding principle for getting hold of agricultural land / plantation property / farmhouse by NRI’s and foreign citizens of Indian origin?

April 26, 2017Agricultural farmhouse Guiding hold land NRI plantation Principle Property

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What are the guiding principle for getting hold of agricultural land / plantation property / farmhouse by NRI’s and foreign citizens of Indian origin?

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Ans.: All requests for purchase of agricultural land / plantation property / farm house by any person resident outside India may be made to The Chief General Manager, Reserve Bank of India, Central Office, Exchange Control Department, Foreign Investment Division (III), Mumbai 400 001.