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M R Shaikh (Prop)     23 May 2013

Agriculture land

Sir I want to know can a partnership firm buy agriculture land for plotting and selling in open market?

I am not opting for section 63 permission.

Is it necessaary for both the partners to be agriculturist



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 1 Replies

Adv k . mahesh (advocate)     23 May 2013

you can buy the agiriculture land and to sell by making the plots you have to take permission local panchayat/municipal department to change from Agriculture land to residential plots

also go through this query you would be getting some idea

 

https://www.lawyersclubindia.com/experts/Buying-Agricultural-Land-194421.asp#.UZ4GwaKnxpw


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