Dimpy123 Posted February 10, 2023 Report Posted February 10, 2023 37 minutes ago, 8pm said: nope bro.In fact NRIs can't buy. Forget about GC I bought lot of lands , no one said anything about it š¤ Quote
reality Posted February 10, 2023 Report Posted February 10, 2023 3 minutes ago, Dimpy123 said: I bought lot of lands , no one said anything about it š¤ Are you OCI or just NRI? Quote
reality Posted February 10, 2023 Report Posted February 10, 2023 46 minutes ago, 8pm said: Not transfer. Inheritance. Even OCIs can receive agri land through inheritance Ee link konchem contradictory undhiā¦ MEA ante aa maathram chethha undali leā¦.but rbi link more reliable anukuntaā¦ https://www.mea.gov.in/images/pdf/acquisition-and-transfer-of-immovable-property-in-india.pdf Quote
Spartan Posted February 10, 2023 Report Posted February 10, 2023 H1bs - Indian Citizen aina...they cannot buy Agricultural Land... only can Inherit.. same with OCIs. Also they cannot transfer the properties to another OCI after inheritance. . (that is their kids who are not Indian citizens). anduke chala mandi either Husband or Wife are not taking citizenship. Quote
Dimpy123 Posted February 10, 2023 Report Posted February 10, 2023 9 minutes ago, reality said: Are you OCI or just NRI? NRI Quote
reality Posted February 10, 2023 Report Posted February 10, 2023 13 minutes ago, Dimpy123 said: NRI I am sure that rule is for OCI onlyā¦. GC being Indian citizen also can buyā¦ MEA site lo konchem crap undhiā¦ But, RBI site lo clear ga called out OCI ani Quote
Spartan Posted February 10, 2023 Report Posted February 10, 2023 RBI Link: https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=1855 https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=1855#Q1 iNRI refers to a person resident outside India who is a citizen of India iiOverseas Citizen of India (OCI) is a person resident outside India who is registered as an Overseas Citizen of India Cardholder under Section 7(A) of the Citizenship Act, 1955; iiiRelative is as defined in section 2(77) of the Companies Act, 2013 ivSection 6(5) of FEMA states that a person resident outside India may hold, own, transfer or invest in any immovable property situated in India if such property was acquired, held or owned by such person when he was resident in India or inherited from a person who was resident in India. Quote
ramudu Posted February 10, 2023 Report Posted February 10, 2023 2 hours ago, 8pm said: Guruddda meeda tantaru anna. Ā NRIs cannot buy agriculture land anna. only commercial properties evaru thantharu , endhuku thantharu , you are still Indian citizen knoooo Quote
reality Posted February 10, 2023 Report Posted February 10, 2023 9 minutes ago, Spartan said: RBI Link: https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=1855 https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=1855#Q1 iNRI refers to a person resident outside India who is a citizen of India iiOverseas Citizen of India (OCI) is a person resident outside India who is registered as an Overseas Citizen of India Cardholder under Section 7(A) of the Citizenship Act, 1955; iiiRelative is as defined in section 2(77) of the Companies Act, 2013 ivSection 6(5) of FEMA states that a person resident outside India may hold, own, transfer or invest in any immovable property situated in India if such property was acquired, held or owned by such person when he was resident in India or inherited from a person who was resident in India. You are misguided broā¦Ā Ā Quote
cottondora Posted February 10, 2023 Report Posted February 10, 2023 2 hours ago, 8pm said: gorrelu anna... evadanna case veste.Ā govt confiscate chestadi. Ā Supreme court gave order on this. here are the links: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=52995 https://www.mea.gov.in/images/pdf/acquisition-and-transfer-of-immovable-property-in-india.pdf https://www.livemint.com/economy/nris-don-t-need-rbi-prior-nod-to-buy-immovable-property-in-india-11640786012790.html Good Post !Ā Quote
cottondora Posted February 10, 2023 Report Posted February 10, 2023 5 hours ago, all_cinema_abhimani said: Have Adhar and PAN already, will it be a problem to buy land now? GC techukoni malli india aney word anodduā¦ spend all your money in US . It might help you in your old age !Ā Quote
reality Posted February 10, 2023 Report Posted February 10, 2023 17 minutes ago, Spartan said: 2013 ivSection 6(5) of FEMA states that a person resident outside India may hold, own, transfer or invest in any immovable property situated in India if such property was acquired, held or owned by such person when he was resident in India or inherited from a person who was resident in India. Idhi inka too much broā¦ it doesnāt even say agri landā¦. Any immovable property konalanna indian resident ayinappude konali antaā¦ evadu rasthadu vaa ee trashā¦ Ikkada nunche illu konna NRI gallu uresukuntaru, if they believe this crapā¦ donāt believe whatever you readĀ Ā Quote
trent Posted February 10, 2023 Report Posted February 10, 2023 Telisina mestri on GC , bought around 60-70 acres agricultural lands in last 10 yrs while on GC. Even I am PR (same as GC) bought 5 acres agri land in last 4 yrs.Ā Ā itās all misguided. only OCI s canāt buy agricultural lands. 2 Quote
8pm Posted February 10, 2023 Report Posted February 10, 2023 1 hour ago, reality said: First link says,Ā Clarification on Acquisition/Transfer of Immovable Property in India by Overseas Citizen of India (OCIs) Where does it say NRI? read full not just headline Quote
8pm Posted February 10, 2023 Report Posted February 10, 2023 29 minutes ago, reality said: Idhi inka too much broā¦ it doesnāt even say agri landā¦. Any immovable property konalanna indian resident ayinappude konali antaā¦ evadu rasthadu vaa ee trashā¦ Ikkada nunche illu konna NRI gallu uresukuntaru, if they believe this crapā¦ donāt believe whatever you readĀ Ā no restrictions on purchasing commercial properties, house etc., Restrictions are for Agri land, Farm house, plantation. Quote
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