TMI BlogAcquisition of Immovable Property for carrying on a permitted activityX X X X Extracts X X X X X X X X Extracts X X X X ..... A person resident outside India who has established in India in accordance with the Foreign Exchange Management (Establishment in India of Branch or Office or other Place of Business) Regulations, 2000, a branch, office or other place of business for carrying on in India any activity, excluding a liaison office, may - (a) acquire any immovable property in India, which is necessary for or ..... X X X X Extracts X X X X X X X X Extracts X X X X
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