In India, you can sell your property, including public or semi-public land. However, there are certain legal considerations you should be aware of:
Permission and Documentation:
Ensure that you have the necessary permissions and documentation to sell the land. This includes obtaining clearances from relevant authorities.
If the land is categorized as public or semi-public, additional approvals may be required.
Capital Gains Tax:
When you sell any property in India, including land, you must pay
capital gains taxon any profits you make.
Tenant Rights (if applicable):
If the land has tenants, be aware of their rights. While you can legally sell the property, you cannot force the tenant to vacate immediately.
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Can I Sell my Public/Semi Public Land in India?
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2024-03-27T16:24:55+00:00 2024-03-28T12:38:05+00:00Comment
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