Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are allowed to purchase property in India, with the exception of agricultural land, plantation property, and farmhouses.
Such property may either be
The payment for property acquisition must be conducted using funds received in India through legitimate banking channels, either by means of inward remittances from outside India or through debits to their NRE/ FCNR (B)/ NRO accounts. NRIs and OCIs are allowed to transfer immovable property, excluding agricultural land, plantation property, or farmhouses, to: