https://www.taxtmi.com/circulars?id=53254 Prohibition on acquisition or transfer of immovable property by citizens of specified jurisdictions is extended to include Macau and Hong Kong; such persons cannot acquire or transfer immovable property in India, other than leases not exceeding five years, without prior permission of the Reserve Bank under Regulation 7 of the Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations, 2000, as amended by the 2015 notification. en-us Wed, 11 Mar 2015 00:00:00 +0530 Thu, 12 Mar 2015 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53254 Prohibition on acquisition or transfer of immovable property by citizens of specified jurisdictions is extended to include Macau and Hong Kong; such persons cannot acquire or transfer immovable property in India, other than leases not exceeding five years, without prior permission of the Reserve Bank under Regulation 7 of the Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations, 2000, as amended by the 2015 notification. Circulars FEMA Wed, 11 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53254