What are the guidelines for acquisition of agricultural land / plantation property / farmhouse by NRIs and foreign citizens of Indian origin?
Ans All requests for acquisition 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. Whether an NRI to come to India in person to buy or sell a residential property in India? No. An NRI need not come to India for registration of a property in his name. He can authorize someone in India on his behalf to register residential properties in India by executing a document called Power Of Attorney .
Related Questions
- Where can permission be taken for acquisition of agricultural land/plantation property / farmhouse by any person resident outside India or foreign nationals of Indian origin?
- What are the guidelines for acquisition of agricultural land /plantation property / farmhouse by NRIs and foreign citizens of Indian origin?
- What are the guidelines for acquisition of agricultural land / plantation property / farmhouse by NRIs and foreign citizens of Indian origin?
