How much land can one buy – Everyone invests to increase their earnings. Although there are many investment options available, most people in India prefer to invest in property. Because land rates (property rates) are increasing rapidly. But do you know that just as there is a limit for keeping cash in the house, there is also a limit for buying land. If you cross that fixed limit, there is a provision for punishment. Let us know in detail in the news below-
You must have often seen people buying land or houses for investment. Investing in property or land is not only prevalent today but has been going on since ancient times. People have always been buying land for investment in India, but sometimes due to lack of information, a person commits a mistake and regrets it when he gets caught in the clutches of the law. Do you know how much land a person can keep or buy in his name? Or do you know what happens if you hold more land than the limit? If not then today we are giving you the answers to these things.
We are going to tell you about one such law, which is violated by more or less everyone or the people around them. However, most people make such mistakes due to lack of information. Like gold, silver and money, a limit has also been set for holding land. If you get more land than the limit, then legal action can also be taken against you.
You cannot buy agricultural land more than this limit –
Let us tell you that in India there is no law regarding the limit up to which cultivable land can be kept (What is the limit of cultivable land in India). But, every state in the country has set a certain limit for holding land. Therefore, it is not that you can buy 100 acres and 1000 acres of land and keep it. But, the maximum limit for buying land in India (India property buying rules) varies from state to state. There is no uniform law for owning land in the entire country.
How much land can a person buy?
In Kerala, under the Land Amendment Act 1963, an unmarried person can buy only up to 7.5 acres of land (Kerala property buying rules). At the same time, a family of 5 members can buy up to 15 acres of land. Cultivable land in Maharashtra will be bought only by those who are already in cultivation. The maximum limit here is 54 acres. A maximum of 24.5 acres of land can be purchased in West Bengal. At the same time, in Bihar you can buy agricultural land up to 15 acres.
Rules for buying property in Himachal Pradesh –
32 acres of land can be purchased in Himachal Pradesh (Himachal Pradesh property buying Rules). In Karnataka also you can buy 54 acres of land and here also the rule of Maharashtra is applicable. In Uttar Pradesh, a person can buy a maximum of 12.5 acres of cultivable land. Local residents, tribal land, Lal Dora land, many types of land are with the government, over which the state governments have been given rights.
Land kept in excess of limit will result in jail.
If we talk about neighboring country Pakistan, there is a provision for keeping land in the Pakistan Property Rule, but like India, there are different rules for every province. Same is the situation with Bangladesh also. Even in Bangladesh there is no fixed law regarding ownership of land. The laws passed by the British are still in force in modified form in all three countries. Overall, in India, if you own more land than the prescribed limit, you may have to go to jail.