Everything you need to know about purchasing agricultural land in Karnataka.
Non-farming land can be purchased in Karnataka by Indian nationals and non-resident Indians (NRIs). When it prior to buying agricultural land, meanwhile, there are a number of restrictions. Prior to 2015, the only person who can buy agricultural land was a peasant from the Karnataka state who had a farming background and owned agricultural property.
In Karnataka, non-agriculturists are those who don’t have any agricultural land and make more than two lakhs a year from non-agricultural businesses. As a result, until 2015, a non-agriculturist could not buy agricultural land in Karnataka.
In 2020, Karnataka repealed a decades-old law that prohibited non-agriculturalists from buying and selling agricultural land. In Karnataka, there are no longer any restrictions on who can own farmland, including non-agriculturally designed to establish, businesses, or academic institutions in India. Regardless of their familial background, anyone with maximum non-agricultural earnings of 25 lakhs per year is legally allowed to acquire agricultural property. The income level was raised from Rs 2 lakh to Rs 25 lakh in June 2015.
ADDA has grown from a private social media network and helpline for walled compounds to an online marketplace. Non-agriculturalists can be granted agricultural property ownership by the District Commissioner.
Due to Karnataka’s limitations, numerous high-net-worth individuals purchased property in neighbouring Andhra Pradesh and Tamil Nadu. Many residents in and around the Anekal region possess city property due to Tamil Nadu’s pro-farming laws and closeness to Bengaluru.
In order to purchase agricultural land in Karnataka in 2022, you’ll need the following documents
- Document demonstrating the seller’s identity and authority to sell the property.
- The selling price, the timing, and the advance payment are all included in the sales contract.
- receipt for stamp duty
- Property registries
- In Its Original Form, a Deed of Title
- History’s Deeds
- Payment of Taxes
- Two witnesses are necessary for the land registration.
- In real estate transactions, a deed is used to transfer title from the seller to the buyer.
- Patta book or conveyance paperwork (EC)
- NOC from the Tehsildar
- An excerpt from the Declaration of Rights
- The Mutation Register is an extract from the Mutation Register.
- Survey documentation
- Sketch by Hiss Tippani and Hissa
- Akaraband
- Atlas
- The Village Plan
- History of the family
- Any kind of identification, such as an Aadhar card, a Pan card, or a voter identity card.
- Certificates of Death (if relevant)
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
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