Dear Experts,
1. What is the Ceiling Limit of holding Agricultural Land by (i) an Individual (ii) Real Estate Company or Company ?
2. What is the Ceiling Limit of holding Non-Agricultural Land (Converted Land) by (i) an Individual (ii) Real Estate Company or Company ?
3. Can A Company hold Agricultural Land in Karnataka ?
Please kindly suggest with relevant provisions of Applicable Acts.
Thanks in Advance.
Agricultural land holding limits questioned for individuals and companies; forum seeks authoritative provisions and expert guidance. The document poses three legal queries for Karnataka: the ceiling limit on holding agricultural land by individuals and by companies, the ceiling limit on holding converted non agricultural land by individuals and by companies, and whether a company can hold agricultural land; it contains no substantive answers and refers the matter to Karnataka experts. (AI Summary)