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The Economic Times
The Economic Times
Business
Anshika Jain

NRI selling inherited property in India? Agricultural land, farmhouse, and plantation property have stricter sale and repatriation rules

For NRIs, just because they can inherit property in India doesn’t mean they can sell it to anyone or freely take the money abroad. Two separate questions need to be answered here: Can the inherited property be sold? Also, can the sale proceeds be repatriated outside India?

The rules get stricter when the inherited property is agricultural land, a plantation property or a farmhouse. Factors like the type of property, the buyer, and how the property was originally acquired can all influence the sale and the ability to repatriate the proceeds.

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