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Dheeraj Agrawal (Manager)     17 July 2010

Nazrana clause while buying Agriculture land

Recently, I am planning purchase one Agricultural plot in Pune. I have following questions:

1) Can a developer can sale plot in Agricultural land . All the plottings are internal and will not be notarized

2) In the Title document and 7/12 it is mentioned that one has to pay 50% of the current market value, if someone do something other than Agriculture as a Nazarana. What does this mean?  Suppose if this land comes in Yellow/Non Agricultural belt, still we have to pay this amount

3) Is there any means to get rid of this clause while purchase?

Please revert at the earliest

Regards

Dheeraj



 1 Replies

Pranab (XYZ)     24 February 2014

do you got the answer for your above query, If yes, then could you please guide me too.

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