Property Guide 11 min readBy Advocate Raghavendra S C · November 2026
What Are the OCI Property Purchase Rules in India and Can an Overseas Citizen Buy Land?
OCI property purchase rules India set out what an Overseas Citizen of India can and cannot buy. An OCI can freely buy residential and commercial property but cannot buy agricultural land, farmhouses or plantations without special approval. Under FEMA (Non-Debt Instruments) Rules 2019 and RBI guidelines, the money must come through proper banking channels and the sale deed must be stamped and registered like any other purchase.
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