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Can NRIs buy residential land in India?
Yes, NRIs can buy residential and commercial plots or properties.
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Can NRIs buy agricultural land in India?
No, NRIs are not allowed to buy agricultural, plantation, or farmhouse land.
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Do NRIs need RBI approval to buy land?
No, general permission exists under FEMA for residential/commercial property purchases.
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How can NRIs pay for land purchase?
Through:
NRE account
NRO account
FCNR account
Payment must be made via banking channels, not cash.
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Can NRIs sell land purchased in India?
Yes, NRIs can sell residential and commercial property to Indian citizens or other NRIs.
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Can NRIs buy land jointly with a resident Indian?
Yes, but the land type must comply with NRI rules—no joint purchase of agricultural land.
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