Real Estate India: Guidelines for acquisition of agricultural land / plantation property / farmhouse by NRIs

Question asked by Vineet:

What are the guidelines for acquisition of agricultural land / plantation property / farmhouse by NRIs and foreign citizens of Indian origin ?

Vatsala Answers:

NRI’s cannot purcahse agricultural land in India according to the Foreign Exchange Management Act.

For more information, kindly visit at Real Estate India or Online Real Estate Video.

Popular posts from this blog

Real Estate India: Property Registration Enforcement by Consumer Courts India

Real Estate India: What kind of legal action can be taken if the builder does not fulfill the promises they make at the time of the booking?

Real Estate India: Information about selling gifted property