Dear Sir / Madam,
I intend to purchase a property out of Mumbai and stay there after a few years and in the meanwhile give it on rent to take care of the expenses. I have seen a plot however below are the clarifications I require before proceeding:-
1) it is an agricultural land divided into difference plots and is being selled. the party says that I/my ancestors need to have 7/12 utara or else I cannot purchase it and the registertation cannot be done in my name. He/she has acres of area and is dividing into guntha (1000sq ft) and selling it. Can I proceed to purchase it, having the agriculural utara?
2) The plot is not a Collector NA. Do I need some permissions to construct a house?
3) the person says that since its a agriculural land I cannot get a loan to purchase the property nor construct a house. is this correct?
4) I my ancestors have had a property outside Maharashtra and I want to purchase a land in Maharashtra are there any NOC's that I need to apply for or I can just give the utara details and purchase it?
5) If I have to convert the land into non-agricultural what will be the approximate fees involved? What will be the procedures.
Please help me urgently. the party has 50plots out of which 44 are already sold. they are holding to get a confirmation / token from me and if not responded in that case they will sell the property to other buyers.
Thanks and Regards,
Bijal Shah
