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Change of Land Use Advice

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Change of Land Use Advice

Last updated: January 7 2019
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  • Change of Land Use Advice

    I own a small plot of agrcultural land ( 2 acres) which is located 3 kms from the Tehsil HQ which is a town of about 40-50,000 people located on the NH-1A (Jalandhar-Jammu Highway). The town has been seeing decent growth of late with a multiplex and residential colonies coming up. My land is located 1.5kms outside the MC limit of the town. There has been a long standing demand to upgrade the town to a district but nothing has been done yet.

    The price of agricultural land isn't very good right now, although the prices of residential & commercial plots coming up barely 2kms from my land are comparable to those of Tier-2 & Tier-3 cities.

    Given this scenario would it be advisable for me to to convert my agricultural land into residential/commercial? Would i be able to find buyers if i convert it, given that most of the development is still happening some 2kms away?



    Any advice appreciated.

    Regards
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