Legal Question in Real Estate Law in India
Do a Company Purchasing a Land nearing 4.5 Acres in Residential Zone require to have Permission under under Sec 63 or under Sec.63-A;
Further if require and not taken and applied for Post sanction who is empowered to give the Sanction collector or Ministry and any time frame.
5 Answers from Attorneys
You have not mentioned about which act ,the company is expected to do what you have mentioned. I feel engage a lawyer to guide you........Please check Sanjay Kalra and Associates on the internet to know more about your query and the legal services we are rendering for our clients from all over the World.
Zoning under MRTP is inconsequential for the purposes of BT&AL;and restrictions U/s.63 and consequence U/s.84 C may be applicable even for land in residential zone.
However, if a land is notified under section 88(1)(b) BT&AL;, then restrictions U/s.63 are not applicable.
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