Can an Indian Resident Gift agricultural land to his Brother -in law who is an OCI.
Real Soul.... (LEGAL) 06 December 2023
he is registered as OCI , if yes then he can have property or otherwise he must register then ;
J.B. Sinha 06 December 2023
I would like to calrify my querry.
My brorher in law owns a agricultural land.
Can he gift this land to me . I have a OCI status.
T. Kalaiselvan, Advocate (Advocate) 07 December 2023
No, the NRI/OCI/Foreign citizen cannot acquire agriculutural proeprty in India either by sale deed or by gift deed, however there is no restriction for them to inheruit the agricultural property if they have inheritance rights as a successor in interst or legal heir.