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Real Estate | November 13, 2013
#40043

CREDAI for direct buying of agri-land in state

Real estate industry body Confederation of Real Estate Developers’ Association of India (CREDAI), in a charter of demands, has appealed to the Karnataka government to allow direct purchase of agricultural land in development plans prepared by the Bangalore Development Authority (BDA), the Bangalore Metropolitan Region Development Authority (BMRDA) and the Bangalore International Airport Area Planning Authority (BIAAPA).    At present, a non-agriculturist cannot buy agricultural land directly from land owners, CREDAI pointed out.    CREDAI said lands earmarked for development plans prepared in Mysore, Mangalore, Belgaum, Hubli-Dharwad and Gulbarga should be exempted from the application of Section 79 A and B of the Land Reforms Act since these lands are declared as eligible for development for residential or industrial purposes.

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