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        FEMA

        Regulation 7 - Prohibition on Acquisition or Transfer of Immovable Property in India by Citizens of Certain Countries

        Foreign Exchange Management (Acquisition And Transfer of Immovable Property In India) Regulations, 2000

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        Acquisition restriction: certain foreign citizens require RBI permission before buying or transferring immovable property in India. Citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, Bhutan, Macau and Hong Kong are prohibited from acquiring or transferring immovable property in India without prior permission of the central banking authority, with an exception allowing leases not exceeding five years.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            Acquisition restriction: certain foreign citizens require RBI permission before buying or transferring immovable property in India.

                            Citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, Bhutan, Macau and Hong Kong are prohibited from acquiring or transferring immovable property in India without prior permission of the central banking authority, with an exception allowing leases not exceeding five years.


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