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<h1>India Tightens Rules on Property Acquisitions by Foreign Nationals Under FEMA, Urges Compliance and Review of Past Deals.</h1> The Central Government of India has identified illegal acquisitions of immovable property by foreign nationals, prompting concerns from various organizations. Under the Foreign Exchange Management Act (FEMA) regulations, only Indian citizens residing abroad, Persons of Indian Origin, and certain foreign companies can acquire property in India, excluding agricultural land. Foreign nationals residing in India for over 182 days with intentions to stay indefinitely may also qualify. Authorities are advised to ensure compliance with FEMA before registering property transactions, verifying documents and visa types. State authorities are urged to review past registrations for legal adherence, consulting the Department of Economic Affairs if needed.