Hi,
6 of us together purchased 12 acres agricultural land from a single vendor, via six separate sale deeds, showing demarcation of our individual holdings.
The land is undivided right now with no road access to individual units.
Now we want to make an internal layout among ourselves, leaving aside certain amount of land for internal roads and a small club-house, and re-specifying our boundaries accordingly. (we don't want to go the route of making a panchayat lay-out and gifting away land to panchayat, for fear of panchayat then making our internal roads a public road, or putting other restrictions or constraints on us).
Can anyone kindly (a) suggest the Document we need to create (MOU? Contract? Agreement?) that would make this internal layout final among ourselves (b) the clauses we would typically put into such a document to ensure permanence of our intended layout.
Thanks and Rgds