LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Can nri buy agricultural land?

Querist : Anonymous (Querist) 27 January 2012 This query is : Resolved 
Can an NRI buy agricultural land in India? I read somehwere that RBI forbids it. So what is the recourse for an NRI who is interested to buy agricultural land in his name only?
Sailesh Kumar Shah (Expert) 27 January 2012
NRI can purchase agricultural land subject to law of that state in which land is situated and as well as norms of the RBI.
M.Sheik Mohammed Ali (Expert) 27 January 2012
yes, i do agree
ajay sethi (Expert) 27 January 2012
generally you cn abuy agricultural land only if you are an agriculturist atleast in maharashtra .

if you are not an agriculturist you cant buy agricultural land
Querist : Anonymous (Querist) 27 January 2012
The said NRI inherited some agricultural lands from his grandfather, father, mother and they are all agriculturists.

The said NRI wants to buy agricultural land in Andhra Pradesh or Karnataka. But mostly he wants to buy in Andhra as his mother is also a farmer.
Querist : Anonymous (Querist) 27 January 2012
Sir, whether I can purchase agriculture land in Bhimavaram AP even though I am not a farmer and do not have any agland in A.P and my income is more than 2 lakhs per annum by declaring that that my grand father from my motherside was a farmer and agriculturist holding 20 acaes in karnataka and on expiry the land is held by mothers brother aged 75 years.
Raj Kumar Makkad (Expert) 27 January 2012
There is no requirement to be an agriculturist in AP so you can easily purchase there agricultural land as desired.
Sankaranarayanan (Expert) 27 January 2012
Yes you can but subject to the state law as said mr shah


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :