Long-term visa property acquisition permits limited self-use purchases, subject to location, disclosure, registration and transfer restrictions. Rule 28 permits eligible Long Term Visa holders from specified minority communities in Afghanistan, Bangladesh and Pakistan to purchase one self-occupied ... Summary
Long-term visa property acquisition permits limited self-use purchases, subject to location, disclosure, registration and transfer restrictions.
Rule 28 permits eligible Long Term Visa holders from specified minority communities in Afghanistan, Bangladesh and Pakistan to purchase one self-occupied residential property and one property for self-employment. Properties cannot be situated in notified restricted, protected or cantonment areas. Purchasers must disclose their funding source and visa status, record nationality and visa status in registration documents, and submit purchase records to designated authorities. Sale is permitted after Indian citizenship; earlier transfer requires prior approval.
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