Is NRI eligible to purchase agricultural lands in india?

Question

Is NRI eligible to purchase agricultural lands in india

Answer 1

.2.  Whether NRI/PIO can acquire agricultural land/ plantation property / farm house in India?

A.2. No. Since general permission is not available to NRI/PIO to acquire agricultural land/ plantation property / farm house in India, such proposals will require specific approval of Reserve Bank and the proposals are considered in consultation with the Government of India.

Further details get at

http://www.rbi.org.in/scripts/FAQView.as...

Answer 2

mr.nanaji,

how can you do that.

you cant sir.

Answer 3

Check this link

http://india.gov.in/overseas.php

Answer 4

No he is not eligible for do that , but there is one condition that if he want to purchase the land in india then he can purchase the land with patnership with a indian, and the indian has more then 60% of the property.

You can clarify in more details from munciple corporation of the place where you want to purchase the land.

Thanks

James

Answer 5

No he can't...

Answer 6

Yes he can. Subject to the condition that he should be from an agriculturist Family.

Answer 7

NO