Good Agriculture Land for Sale in Tamil Nadu
Real Estate / by Saran raj / 156 views
Purchasing agriculture land for sale in Tamilnadu has always been a good easement choice.
As agricultural lands are much cheaper in TN and agriculture is tax-free in India.
There is a lot of agricultural land for sale in Tamil Nadu across the state in different cities.
While purchasing land in Tamil Nadu, you have to take care of some legal procedures.
As well as technical issues related to the land you are planning to sale.
If a farmer purchases agricultural land in TN state, not so many actions like in most other states.
There is no restriction on the sale of any agricultural land for sale in Chennai inside Tamil Nadu. Anyone can sale agricultural land around the state (The largest land area is 59.95 acres can be purchased)
A good and smart decision to invest in acre of land is purchasing agricultural land in Tamil Nadu because it is very cheap and tax-free.
In other states, if you want to want to sale agricultural land then you need to be a farmer.
But this is not the case in Tamil Nadu, but there is a limit on the sale of agricultural land.
There is a limit to the number of acres of land that can be owned and possessed by anyone.
Individual or family: For a family of 5 members, you can sale up to 15 standard acres, for a family of more than 5 members.
Each more member can have 5 standard acres of land. The total landholding limit is 30 standard acres.
If women in the family are given agricultural land as a gift as a seedhanam land.
Then such an individual or family can become the owner of more than 10 standard acres.
Companies undertaking business can own up to 15 standard acres of land.
To set up industries or commercial establishments on agricultural land for sale.
Public trusts are divided into religious trusts, charitable trusts, hospitals, and educational institutions.
In that, there are no restrictions on religious trusts acquiring agricultural land.
Sale, a charitable trust owns up to 5 standard acres, while hospitals and educational institutions.
It can own up to a certain amount of agricultural vacant land as per their rules or regulations as per the state law.
- Listing ID: 15018