Sell land Land in India provides investors the with a host of comforts, beginning with the industrial expansion, cultivation along with housing and artificial irrigational strategies. With criticism being inflicted on the tenancy laws and the laws of inheritance, transactions in landed property and real estate have become difficult. Luckily, with alliance from the authorities, you can always attain the plot of land that you require. Property khazana offers information on the ways of selling land . In the following areas, FDI provides 100% foreign participation in housing and real estate development sector, development of serviced plots and construction of residential premises etc. other than agricultural/plantation/farm house, the person residing outside India can acquire any immovable property in India. But he could transfer any immovable property to a person residing India, or a plantation property or farmhouse to an NRI who is a citizen of India or to a person of Indian origin resident outside India.
An Indian resident outside India could acquire an immovable property other than agricultural land /farm house/ plantation property in India by purchase, from out of Funds received in India by way of inward remittance from any place outside India or Funds held in any non-resident account maintained in accordance with the provisions of the Act and the regulations made by the Reserve Bank Act. Learn about the formalities and how to sell land in India at property khazana.