JackSeal Posted July 25, 2022 Report Share Posted July 25, 2022 7 hours ago, reality said: False info. That’s only true for NRI non-citizen of India. No bro … even if you are an NRI (Indian citizen) you are barred from buying agricultural land. https://m.rbi.org.in//scripts/FAQView.aspx?Id=12 Quote Link to comment Share on other sites More sharing options...
JackSeal Posted July 25, 2022 Report Share Posted July 25, 2022 5 hours ago, jalsa01 said: I remember as long as one hold indian passport can buy agricultural land.. After renouncing Indian citizenship one can't buy new agricultural land still approved to inherit land from parents.. incorrect … if you are a NRI you cannot buy agricultural land even if you are citizen ani guidelines clearly telling According to Foreign Exchange Management Act and the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2018, both NRIs and OCIs aren’t allowed to buy any agricultural land or plantation property or farmhouses in India by law unless they get a special permission from the Reserve Bank of India (RBI). Quote Link to comment Share on other sites More sharing options...
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