Question regarding property

Ranveer (Querist) 14 February 2012 This query is : Resolved
Sir,
My question is whether an NRI indian having green card of US or other state in abroad can buy plot or land in India.

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Khaleel Ahmed Mohammed (Expert) 14 February 2012
Yes , Non resident of India having green card holder can purchase property in India.

A V Vishal (Expert) 14 February 2012
Under the general permission available, the following categories can purchase immovable property in India:

i) Non-Resident Indian (NRI)1
ii) Person of Indian Origin (PIO)2

The general permission, however, covers only purchase of residential and commercial property and is not available for purchase of agricultural land / plantation property / farm house in India.

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