Can OCI holder register agricultural land purchased in India by father
Can an agricultural land be registered in the name of an OCI (daughter)when it is purchased by an indian citizen(father) to save registering the same land or later inheritting it?
Raju Kanumuri: An NRI is eligible to inherit property from a resident of India, and also a non-resident Indian. However, you must make sure that the person you inherit property from has obtained the real estate or property in accordance with the Foreign Exchange Law in place at the time of sale. Your property should have been in accordance with the FEMA regulations present at the time of sale of the property. There is no restriction on the type of property you can inherit in India. This means you can inherit agricultural land, plantations, commercial or residential land, and properties.
For further more information you can follow the link https://www.videshi.com/nri-articles/nri-inherting-property
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