Dear All,
I would appreciate if you can let us know the land conversion rule in Uttar Pradesh.
If I am buying a plot out of big land which is ancestral property of the seller and it is within the notified area of Development Authority but it is not within Municipal Limits.
As per my legal expert, if we get the registry done of less than of land area 3200 sqft (300 Sq Mt) out of that Khatuni property, we don’t require conversion of land usage as residential. We just need to pay stamp duty as of Residential class.
Pl help what is the land conversion rule in UP.
Can we buy plot and get it registered as Residential Plot and what would be maximum area we can buy in that way. And what is rule 143.
thanks