https://www.taxtmi.com/acts?id=37929 Citizens of specified foreign jurisdictions may not acquire or transfer immovable property in India without prior Reserve Bank permission, other than by a lease not exceeding five years; the prohibition applies to natural persons and legal entities, and does not apply to Overseas Citizen of India (OCI). en-us Sat, 19 Oct 2019 16:28:43 +0530 Thu, 29 May 2025 16:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37929 Citizens of specified foreign jurisdictions may not acquire or transfer immovable property in India without prior Reserve Bank permission, other than by a lease not exceeding five years; the prohibition applies to natural persons and legal entities, and does not apply to Overseas Citizen of India (OCI). Act-Rules FEMA Sat, 19 Oct 2019 16:28:43 +0530 https://www.taxtmi.com/acts?id=37929