Legal Question in Real Estate Law in India
I have a purchased a Mahar Watan land, I want to know how much will be the Nazrana that I need to pay the government?
Asked on 1/30/11, 2:44 am
1 Answer from Attorneys
Shrichand Nahar
S.V.Nahar, Advocate
If the land is to be converted for Non-Agricultural Use, then Nazrana equivalent to 50% of the market value of the property is payable.
Answered on 1/31/11, 12:02 am
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