BY DEFAULT, a company CANNOT buy / sell agricultural land for any purposes. There are 3 different rule sets that govern development on land in Maharashtra. pls. (1) and (2) and likewise in the context of lands given by government on lease for specific purposes, if applications Article II. The pros and cons of buying agricultural land A number of urban investors are investing in agricultural land, owing to the slump in urban realty and the promise of greater long-term returns. Ten years if you live in a caravan on the agricultural land; Four years if you live in a building on the agricultural land; You can then make an application for a Certificate of Lawfulness and, if it works out, you can earn the right to stay there. Maharashtra government has decided to simplify conversion of revenue land located within the development plan area of major cities in the state from agriculture to non-agriculture status. As per provision laid down in section 63 of BT&AL Act, non agriculturalist cannot buy agricultural land in Maharashtra. on the agricultural land regardless of the ownership of the property. 3 Replies Last Reply: 6 years ago. and NOC from various depts.local gram panchayat can only sanction the building plan on NA plot for construction.area of plot doesn't matter. ... How Much is The Stamp Duty in Maharashtra? Maharashtra. The plot is currently vacant and can be used to cultivate crops as per the buyers wishes. The agriculture land has to be converted into non-agricultural land before starting with any development work. give your suggestions. Converting Agricultural land to Non-Agricultural land. The plot is currently vacant … But this is a high-risk strategy and not one that we recommend. Potential ROI on agricultural land The returns are higher in emerging and developing areas, where there is a possibility of upcoming infrastructure projects, such as a special economic zone or a highway. MAHARASHTRA has relaxed norms for purchase or diversion of farmland for non-agricultural use in cities. We examine the benefits and risks, for those who wish to make this investment. (3) Lands allotted as per agricultural land and tenancy Act, various hereditary office acts, and Maharashtra Agricultural Land (Ceiling on Land Holding) Act, 1991. (1) and (2) and likewise in the context of lands given by government on lease for specific purposes, if applications my question is " Is it possible to convert such a piece of land in to NA land" if possible then what is the procedure for it. NA ie non-agricultural status of land can be obtained only from collecter of the district under sec44 of MLRC.if you land has approach road ,and the land is located in R zone ,you get NA order by due process after lay out sanction by town planning dept. Building on agricultural land with size up to 10 dka is allowed based on a sketch where the main architect of the municipality marks the location of the intended building; for land larger than 10 dka the architect has to mark the location of the building ground as well. 17 January 2011 i have a 3acres of land in muncipal area in Nashik (Maharashtra), i want to convert a piece of it i.e., 5 guntha land into NA land for Construction a house. 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