A person can only acquire one residential plot or house in their own name, their wife's name, or their minor children's names. This restriction does not apply to non-residential land. Additionally, benami transactions, where a property is owned under a different name to conceal the real owner, are not permitted. A person owning a residential flat in a commercial area can acquire a residential plot or flat in a residential area.
A person can only acquire one residential plot or house in their own name, their wife's name, or their minor children's names. This restriction does not apply to non-residential land. Additionally, benami transactions, where a property is owned under a different name to conceal the real owner, are not permitted. A person owning a residential flat in a commercial area can acquire a residential plot or flat in a residential area.
A person can only acquire one residential plot or house in their own name, their wife's name, or their minor children's names. This restriction does not apply to non-residential land. Additionally, benami transactions, where a property is owned under a different name to conceal the real owner, are not permitted. A person owning a residential flat in a commercial area can acquire a residential plot or flat in a residential area.