FEMA, remittance, POA, tax and repatriation basics for NRIs buying residential land in India.
What NRIs can buy
NRIs can freely purchase residential and commercial property in India (agricultural land, plantation and farmhouses excluded).
Remittance and repatriation
Payments should be through normal banking channels (NRE / NRO / FCNR). Repatriation of sale proceeds is subject to RBI limits and documentation.