Can NRI's buy agricultural lands in India?

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Can NRI's buy agricultural lands in India?

2006-07-21 22:16:51 · 2 answers · asked by SHAKEEL ASHRAF 2 in Business & Finance ➔ Renting & Real Estate

2 answers

Why not but you have to clear some norms laid by RBI

2006-07-21 22:21:56 · answer #1 · answered by king 4 · 0⤊ 0⤋

to purchase an agriculture land you are able to desire to be categorized as an agriculturist. exchange your very close to kin contributors could desire to be agriculturist. in simple terms than you are able to desire to purchase. NRI could desire to purchase residential or advertisement homes. yet for agriculture land you are able to desire to be an agriculturist.

2017-01-03 06:06:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋