3. Purchasing Agricultural Land in India by OCI holders

Question: Can a OCI residing (resident) in India purchase/acquire agricultural land? All the Internet searches have information of NRI / PIO / OCI not residing in India. Can any special permission be made & obtained (e.g. in the state of Maharashtra? (sachin) Answer: Those holding OCI status cannot purchase agricultural land in the State of Maharashtra. The fact that a OCI holder is resident in India or overseas makes no difference. Under the Tenancy & Agricultural Land Act of 1963 in the state of Maharashtra, only farmers can buy agricultural land. Hence even a citizen of India, cannot buy agricultural land unless they have proof that they are indeed farmers. Many people do purchase farm land by getting the land use changed. However this is not easy unless you have time and money on your hands. I would suggest you contact a lawyer who can guide you in this regard as rules and regulations do change periodically.
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Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
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3. Purchasing Agricultural Land in

India by OCI holders

Question: Can a OCI residing (resident) in India purchase/acquire agricultural land? All the Internet searches have information of NRI / PIO / OCI not residing in India. Can any special permission be made & obtained (e.g. in the state of Maharashtra? (sachin) Answer: Those holding OCI status cannot purchase agricultural land in the State of Maharashtra. The fact that a OCI holder is resident in India or overseas makes no difference. Under the Tenancy & Agricultural Land Act of 1963 in the state of Maharashtra, only farmers can buy agricultural land. Hence even a citizen of India, cannot buy agricultural land unless they have proof that they are indeed farmers. Many people do purchase farm land by getting the land use changed. However this is not easy unless you have time and money on your hands. I would suggest you contact a lawyer who can guide you in this regard as rules and regulations do change periodically.
N
RI Information
Informing  educating and connecting Indians across the globe by Virendar Chand
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
NriInformation Questions &Answers 
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