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Rajesh (Plant Finance Head)     16 December 2011

Sale of land

Dear Sirs,

We got details of one land which is initially belongs to trust and finally tranfered to one individual person by bhoomi dhana settlement. 

 

Now the party wants to sell the property.  The purhcaser intented to buy the same,  may use it for resendtial purpose or flat promotion or plot sale purpose.

Shall Purchaser have this right,  irrespective of for what purpose the land given to trust and after that it has been tranfered to indivdual who is now selling the same land

Pls clarify

 

Thanks and Regards

N.Rajesh

rajeshkriya@yahoo.in

 

 

 

 

 



Learning

 1 Replies

pervez (adviser)     16 December 2011

See the purpose for which the land was allotted / acquired fby the Trust for the purpose... [refer Trust Deed].. If nothing specific and if the land is not reseved for any specific purpose.. There may not be any problem.... Also check with local revenue officer about the land use... normally Govt. specifies the purpose [ area-wise]

regards


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