IBC Code: Complete Overview and Drafting Workshop. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Sherin (Home Maker)     10 June 2017

Selling converted agricultural property (house)

Hi,

 

I heard there's a case pending judgement that currently any Agricultural Property that was converted shouldn't be purchased or sold. Is the case done? Can we sell a property - land was agricultural land before, but it is a constructed house with proper Panchayat Approval. 

 

Kindly help with inputs ... 

 

Regards



Learning

 1 Replies

Raveena Kataria (Advocate )     21 June 2017

Yes, agricultural land, if converted to residential or industrial land by consent from a proper authority, can be sold/purchased. However, note that the agricultural land converted for, say residential purpose, cannot be used for industrial purposes, and vice versa.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Post a Suggestion for LCI Team
Post a Legal Query