1) you can inherit agricultural land
2) you cannot purchase agricultural land
3) an OCI cardholder can buy property in India as long as it is not agricultural land, a plantation property, or a farmhouse
4) OCI (Overseas Citizen of India) possessing foreign passport can also be sanctioned Home Loan.
5) you can continue the repayment of loans
6) continue with ownership of land owned by you
7) main disadvantage is you are not eligible for govt jobs
8) you cannot purchase agricultural land after being OCI