Real Estate India: Conversion of agricultural land into Non agricultural land (Commercial)

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Question asked by Mr Prem from Karnataka:

Namaskar Vatsala,

Please can you help me with the following,

1. Can you tell me the time it can take to convert agricultural land into Non agricultural land (commercial) in (North) Karnataka, in rural area not in city or village

2. what are the official fees for converting agricultural land per acre (karvar district)

With friendly regards
Mr. Prem, Karnataka

Vatsala Answers:

The time taken is generally three to four months, after submitting the documents. The fee is about Rs. 1,25,000/- per acre for commercial use. Normally the conversion is linked with plan sanction and the conversion order is issued along with the sanctioned plan for commercial building.

Vatsala
http://www.atoneplace.com

For more information, kindly visit at Real Estate India or Online Real Estate Video.

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