New tenure land registry in the name of private ltd company

tarun (Querist) 14 August 2017 This query is : Resolved
Dear Sir
We have registered private limited company in Vadodara; discussing for acquiring land which is agriculture land having new tenure. We would like to get sales deed agreement in the name of private limited company for setting up industry and then complete the process of paying premium; necessary NA permissions etc to start the construction.
Can you please guide......
1. Whether we can get sales deed registered of this new tenure land in the name of private limited company
2. Later apply for different permission; payment of premium etc.
Please suggest.

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P. Venu (Expert) 14 August 2017
New tenure land is not fully transferable. It could be transferred only in terms of the Notification as to the tenure.

Rajendra K Goyal (Expert) 14 August 2017
Show all documents to local lawyer and discuss in detail.

Company can afford Lawyer services.

Kumar Doab (Expert) 14 August 2017
'Buyer Beware' applies to property deals.
It shall be appropriate to get proper legal opinion from a very able local senior counsel of unshakable repute and integrity specializing in revenue/property/civil matters before signing or making payment.
This may cost some FEE but can defend long term interest and hard earned monies.

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