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ravikiran Jella (tech lead )     16 January 2013

Notery land

Hello sir ,

i am  planning to purchase a notery land .please let me know what are things need to take care before going for it .What are the documents need to check for byuing a notery land .What are the risk involved in once  bying a notery land .

prompt response will be much appreciated

 

regards,

ravikiran



Learning

 6 Replies

Advocate Vishnu (Advocate)     16 January 2013

you can become a proper owner of the notery land only if the govt decides to change the status of such plots/area. very risky endeavour.

ravikiran Jella (tech lead )     17 January 2013

Hi thx for the prompt response can you pls explaiin how it will be risky iam new to this ?

Advocate Vishnu (Advocate)     17 January 2013

The reason is that , this land may not have link doucments and the land belongs to the govt. I will give you an example: The govt decides to use the land for constructing a market - In that case you will have no choice but to vacate , and you lose your valuable investment. 

ravikiran Jella (tech lead )     17 January 2013

Hi thank you

the land iam planning to purchase is  in a residential area and which is a notery land in that case what are the precautions i need to take.

What are the docs i need to check .what are the risks involved in this scenario. pls let us know .

 

thanks in advance

ravikiran

Advocate Vishnu (Advocate)     17 January 2013

Do they have any kind of link documents..?

ravikiran Jella (tech lead )     17 January 2013

yes  they have link documents .can i get the land registered on my name .will get LRS and other on this land .


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