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Acquisition/transfer of immovable property Prohibition on citizens of certain countries

FEMA - 83 - Dated:- 11-3-2015 - RBI/2014-15/495 A.P.(DIR Series) Circular No.83 March 11, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Acquisition/transfer of immovable property - Prohibition on citizens of certain countries Attention of Authorised Dealers in Foreign Exchange is invited to Regulation 7 of Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations, 2000 notified vide Notification No. FEMA 21/2000-RB dated 3rd May 2000 in ter .....

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