WebApr 7, 2024 · A few Indian states also prohibit people from outside the state from purchasing agricultural land. Furthermore, such plots are much larger in size than other types of properties. Land ceilings are also determined by state norms and how much land an individual can buy. Residential Plots. Residential plots are parcels of land used for … WebApr 10, 2024 · RBI Rules. A PIO, an NRI, or an inherited residential or commercial property in India may be sold by an NRI to a resident of India. However, if you want to sell agricultural land, plantation property, or a farmhouse, you have to sell it to an Indian citizen. The return of the sale earnings to the country of resident comes after the sale.
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WebApr 5, 2024 · Farm Land for Sale in Naugaon, Uttarkashi. ₹ 1 Cr. Plot / Land Area Area 87260 sq.ft (5 Bigha) *Land investment structure with Ramrattan Group* rnWhy … WebJun 15, 2024 · A: As per the Indian law, even NRIs (as against those who have overseas citizenship) are not allowed to buy agricultural land. Therefore, there is no question of a dual citizenship to be allowed just on account of the OCI card. It must be remembered that having the OCI card brings you (theoretically at least) on par with an NRI and not an ... fa talent id
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