Whether immovable property in India can be acquired by way of gift?

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immovable-property

(a) – Yes, immovable property in India can be acquired by way of gift. NRls and PIOs can freely acquire immovable property by way of gift either from i) a person resident in India or ii) an NRI or iii) a PIO. However, the property can only be commercial or residential. Agricultural land/plantation property/ farm… Read more »