Purchase of Agricultural land in India:
Another myth is that OCI holders can buy agricultural land.
This is not true. Those holding OCI are not allowed to acquire agricultural land.
Many people are not aware that in some Indian States, even Indian citizens cannot buy agricultural land unless they qualify themselves as farmers or go through several other formalities.
Many Indians do end up buying agricultural lands by getting the land use changed. This is quite common for agricultural lands that are on main roads or near roads. As construction spreads to the outer areas of cities, the price of agricultural land bordering roads is shooting up especially if the land use can be successfully changed from agricultural to commercial.
The main benefit of OCI is a lifelong visa. Holders of OCI also are exempt from registering with the police regardless of the duration of stay in India.