The city of Nashik is well known for its vineyard as well as worlds class project by Samraat Group. The group has indeed ventured into many developmental initiatives via its projects that would indeed aid in bringing more business to the company.
Investing in flats has traditionally been the most sought-after type of property investment for many among us. However, it has also been seen that the attractiveness of buying land as a long-term investments for higher gains has never lost its sheen. Flats are indeed a inflexible format of property due to which the maximum value in terms of growth can possibly be restricted. Based on prevailing market rates flats are stated to be snapped up in most cases, but at fixed residential prices dictated by. Playing around with land dealings can indeed turn out to be a different game perspective altogether.
Before you decide on investing in any land it is important that you read through the agreement policies carefully. Agricultural land usually belongs to famers and development here is restricted but law, however the guideline do permit construction here up to a particular extent. As for Non Agricultural land one can get clearances from local authorities and begin with the construction of their dream project. In order to covert Agricultural land to non-agricultural purpose, you would require a certain set of permissions including an NOC stating the conversion. Some of the details required for the NOC are –
Record of Rights and Tenancy Certificate (R.T.C) in original issued by the Revenue Authorities of the Taluk
Photocopy of the Atlas of the land (survey number), duly signed by the competent authority of the Department of Survey Settlement and Land Records, showing the dimensions in meters with scale and boundary of the land proposed for conversion. Photo copy of the Revenue Survey Map of the village showing location of the land proposed for conversion.
Where proposed conversion is for formation of sites- Site Plan drawn at scale not smaller than 1:1000, showing the details of existing surrounding developments, cadastral boundaries of surrounding survey numbers and hissas, contours, spot heights, the developments in the adjoining areas of the proposed land including approach road with width, power transmission line, telephone line, railway line, nearby water reservoirs, nalas, etc. if any.
Any other information required by the authority. The concerned Revenue Authority, after verifying the documents, will forward the application and the documents to the concerned authority. The concerned authority will examine the application based on the proposals and furnish the opinion to the concerned Revenue Authority.
As a word of caution, it is also important to know that if the conversion of a plot of land to NA status is still underway, it means that the local authorities still retain the right to make changes in the plans submitted to them. In other words, the status of land acquisition rights by the Government (or any other authorities) for any purpose is not clear. The status of any particular plot number can change at any time within the plan. All the Samraat group projects in Nashik are stated to comply to the norms set by the government. Be it a 1 BHK project or a 3 BHK in Nashik by Samraat Group, you can assured of quality products.
