Nri
Hetal
(Querist) 24 April 2012
This query is : Resolved
I'm NRI, living in USA. Holding Person of indian origin card. I planning to buy rubber estate in Kerela. Recent rule of indian government regarding "NRI can't invest in agricultual land" also include " rubber estate ?? Does "rubber estate in kerela" falls under agricultual land rule ???
Can you please provide more information regarding this matter .Any help apperciate.
Thank you
Shonee Kapoor
(Expert) 24 April 2012
Yes it does fall into it.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com