Sale of land by OCI holders
This query is : Resolved
01 August 2024
What are the procedures that an OCI seller has to undergo for selling land in India
02 August 2024
NRI or OCI who has acquired immovable property in India in accordance with the foreign exchange laws in force at that time can sell such property to an Indian resident, provided: The transaction takes place through banking channels in India; and. Indian resident is not otherwise prohibited from such acquisition.
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Mr.Balamurugan Ranganathan15 November 2024
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