Our grandfather had taken a land on lease from Nagar Nigam for 99 years. Now he is no more and he had 2 sons, one is my father and other is my uncle they both also died in 2000 and 2005 respectively. Now my cousin brother are using this land for their business purpose. Since we all brothers worked outside and are not using this land and wants to transfer this land to someone. Now my question is
1.Can we transfer/ lease our portion (half land) to someone for commercial purpose.
2.Can that party do any construction over there. Kindly reply