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  Being innovative and genuine, enabling clients to procure lands and properties that are economical, safe, legal, and have the potential to yield high returns in the days ahead.  
 
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Frequently Asked Questions

The following questions of the issues are normally raised by the prospective purchaser.
Whether a non-resident Indian or a person of foreign national of Indian origin can acquire an agricultural land in Karnataka ?
 

The acquisition of agricultural lands and properties in Karnataka is governed by the Karnataka Land Reforms Act, Section 79 A and B, which defines who is an agriculturist and the person eligible to purchase lands and properties. The person who desires to acquire agricultural land, must be or belong to an agriculturist family as on 31-03-1974 and his non-agricultural gross income in the preceding 5 years must not be more than Rs 2 lakhs per year.

However, Section 80 of the Karnataka Land Reforms Act provides for obtaining permission from the Government to purchase agricultural land and the Government may in its restriction grant the necessary permission with conditions imposed.
   
Whether a non-resident Indian or a person of foreign national of Indian origin can acquire converted land or any urban land in Karnataka ?
  A non-resident Indian or a person of foreign national of Indian origin is eligible to purchase converted Industrial, Commercial, Residential land or any other urban property in Karnataka. There are no restrictions in the purchase of the said lands and properties.
   
Whether a non-resident Indian or a person of foreign national of Indian origin can invest in India or enter into development agreement with any local firm or agency?
  A non-resident Indian or a person of foreign national of Indian origin can invest in India in the acquisition of immovable properties except agricultural land explained above can enter into Joint Development Agreement with any local firm or agency.
   
Whether a non-resident Indian or a person of foreign national of Indian origin is required to be present in person at the time of execution or registration of agreement or sale deed?
  The presence of the purchaser at the time of execution and registration of the agreement or sale deed is compulsory. However, the presence can be dispensed with by executing a Power of Attorney in favor of a local representative and the Power of Attorney duly executed outside the Union of India and on the receipt of the same it will have to be regularized in Karnataka under Section 80 of the Karnataka Stamp Act which will duly authorize the Attorney Holder to act on behalf of the principle.
   
Acquisition of lands and properties for development?
  The lands and properties invariably are classified under the Comprehensive Development Plan. And before entering into contract with the owners it is necessary to examine the classification of the land since lands and properties are classified under the category-residential, commercial, industrial, public and semi-public, valley, green belt, SEZ zone etc and therefore the acquisition must be in respect of the land required for development.
   
Change of lands and properties use?
  Change of lands and properties use is permissible from residential zone to commercial zone and vice versa. However, the right of change of land use is at the discretion of the Government, i.e., if the land identified is suitable and is required to be acquired and if the said land falls under any other zone other than one required for the purpose, then an application can be made to Competent Authority, Development Authority constituted by the Government and change of land use can be obtained.
   
   
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