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NRI buyers
NRIs cannot buy agriculture land in India as a straight purchase, per FEMA / RBI rules. They can, however: (1) inherit it, (2) receive it as a gift from a resident relative, (3) purchase already-converted (non-agri) land, or (4) invest via a resident family member. We regularly help NRI clients structure these routes.
Yes — inheritance is not blocked by FEMA. NRIs can inherit agriculture land from resident Indian relatives without RBI approval. You can hold it, sell it to a resident Indian (only), or gift it back to a resident relative. You cannot sell inherited agri land to another NRI or a foreign national.
Yes — OCI cardholders have the same rights as NRIs for real estate: freely allowed to buy residential and commercial (including warehouse) land, blocked from agriculture and farmhouse land unless inherited or gifted from a resident Indian relative. Payment via NRE/NRO channels.
For agriculture / farm land, yes — RBI approval is generally not granted. For residential and commercial property, NRIs and OCIs can buy freely without approval. Payments must come through NRE/NRO channels.
Register a specific PoA (not general) in favour of a trusted relative in India, notarised at the Indian consulate abroad, then adjudicated at the sub-registrar office in Haryana. Specific PoA must state the property, the sale price ceiling, and the exact transaction it authorises. We help NRI clients draft PoA that will actually clear the registrar's check.
Under LRS + repatriation rules, NRIs can repatriate up to USD 1 million per financial year from sale proceeds of inherited property, subject to Form 15CA/CB filing and TDS deducted (typically 20% for LTCG post-indexation). Capital gains tax planning is important — talk to a CA before the sale, not after.
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