How can a Non-resident Indian (NRI) [NRI refers to a person resident outside India who is a citizen of India] and an Overseas Citizen of India (OCI) [Overseas Citizen of India (OCI) is a person resident outside India who is registered as an Overseas Citizen of India Cardholder under Section 7(A) of the Citizenship Act, 1955.] acquire immovable property in India? - FEMA - FAQ - FEMA

Answer : Particulars NRI/ OCI (NDI Rules, 2019) Purchase (other than agricultural land/ farmhouse/ plantation etc) from Resident/ NRI/ OCI [24(a)] Acquire as gift (other than agricultural land/ farmhouse/ plantation etc) from Resident/ NRI/ OCI [24(b)] who is a relative Acquire (any IP) as inheritance from a. Any person who has acquired it under laws in force [24(c)]; b. Resident [24(c)] Sell (other than agricultural land/ farmhouse/ plantation etc) to Resident/ NRI/ OCI [24(e)] Sell (agricultural land) to Resident [24(d)] Gift (other than agricultural land) to Resident/ NRI/ OCI [24(e)] Gift (agricultural land) to Resident [24(d)] Gift residential/ commercial property to Resident/ NRI/ OCI [24(e)]