Very nice article. It would also help if we can clearly define what a "Farm House" is. Today, many holiday properties bought by NRI Indians near beaches and hill stations are classified as "Farm Houses". So, are we saying that all these purchases are illegal? I thought, only "FarmLand" was restricted and *not* "FarmHouse".
RE:What is the definition of ''Farm House''???
by Edp Services on Mar 05, 2008 07:21 PM Permalink
The defination of farm house is ok, but for NRI that farm house should have NA certificate ie Non agricultural, then he can buy it very easily.