My grandfather was a farmer. His brother is still doing farming. My father has our agricultural land on his name in Maharashtra. My both aunts (my father's sisters) has different agricultural lands on their names. So, can I buy other agricultural land on my name? I am working in Mumbai in Computers field and want to buy agricultural land for investment purpose as it comes under budget. So, can I do that?
I am confused regarding this. And if suppose, I bought 1 acre of agricultural land, can I convert 5 gunthas of it into N.A. for constructing house?