Format pack, 2 formats · FV08-I1

Acquisition of Immovable Property in India by NRIs, OCIs and Foreign Nationals

Who may buy, receive or hold Indian property under FEMA, how they must pay, and what a company must check when it buys property from a non-resident. The answer depends on the buyer's citizenship, their FEMA residence and the type of land.

Length
3 pages
Blanks to fill
39
Files
Word and PDF
Law stated to
16 September 2026

The 2 formats inside

  1. 1FEMA declaration clause for the agreement for sale and the sale deedNDI Rules 2019, Rules 24, 29-3219 blanksOn its own₹149
  2. 2Board resolution, company acquiring immovable property from a person resident outside IndiaCompanies Act 2013 · s.179 / s.188 · ITA 2025 s.393(2)21 blanksOn its own₹149

Read the opening

The first part of “FEMA declaration clause for the agreement for sale and the sale deed”, as it downloads. Blanks are highlighted.

Insert as a separate clause. Use Part A where the purchaser is resident outside India; Part B where the vendor is resident outside India; both where both are. Delete what does not apply.

CLAUSE [Clause number] — COMPLIANCE WITH THE FOREIGN EXCHANGE MANAGEMENT ACT, 1999

Part A — Purchaser resident outside India

3 more paragraphs and tables follow in the full format.

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