FORM-IPImediumReserve Bank of India

FORM-IPI — Acquisition of Immovable Property Outside India

Report the acquisition or transfer of immovable property outside India within 90 days of the transaction.

Due
90 days from the date of acquisition or transfer
Frequency
Event based
If it lapses
Late Submission Fee on the amount involved and the period of delay
Statutory reference
FEM (Overseas Investment) Rules 2022

Who has to file it

Every one of these has to hold before FORM-IPI binds an entity:

  • holds an overseas investment
Filed on:
RBI OID Portal (through the AD bank)
Usually owned by:
Company Secretary
Typical effort:
3 hours

Common questions

When is FORM-IPI due?
90 days from the date of acquisition or transfer. It falls due whenever the triggering event happens.
Who has to file FORM-IPI?
It applies to holds an overseas investment.
What is the penalty for filing FORM-IPI late?
Late Submission Fee on the amount involved and the period of delay
Where is FORM-IPI filed?
RBI OID Portal (through the AD bank).

This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.

Other FEMA / RBI obligations