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Ford
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Post Number: 137
Registered: 10-2009
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Posted on Tuesday, November 24, 2009 - 10:35 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Punjab has high rate of NRI's. Panjab already fought with Central govt and RBI to remove this. But failed. They said First Fema 1999 law did not had this. Every year there is revew in this law and the NRI rule is added in 2001.

NRI were seriously angry about this rule and they bought land in usa rather than in india. India has screwed up the investments and not encouraging any thing from NRI..


Funny rule. NRI should buy only 2 Residential properties in 3 financial years. If they want to buy more then they would need to write to RBI director and get permission.

If they buy more then it would be void and property goes to govt
Papayya
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Basky_indya
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Posted on Tuesday, November 24, 2009 - 10:29 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

basical law is to protect agri land from foriegners ...

so adhi itu tirigi , manake rules pettindhi...
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Basky_indya
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Post Number: 17847
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Posted on Tuesday, November 24, 2009 - 10:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ford:




INTENT ane Padam okati untundi.... If ur really out of INDIA for 20 years and working and returning and going and coming... it does not matter.....

ur an INDIAN....

but if ur in Q for a citizenship nor, trying to return to india....
then UR INTENT is not finally to go to india...
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Ford
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Post Number: 136
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Posted on Tuesday, November 24, 2009 - 10:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

http://www.r2iclubforums.com/forums/f51/can-nri-usc-oci-inve st-agricultural-farmland-revenue-land-2125/

Above forum already had many NRI's who already fell into this issue. They discussed many years back
Papayya
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Ford
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Post Number: 135
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Posted on Tuesday, November 24, 2009 - 10:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Sc Following is on one reputed Law firm . Following lawyer giving answer in same way

http://legalcorner.atoneplace.com/indian-real-estate-related -questions-issues/agricultural-land-is-property-zoned-and-us ed-for-farming-including-the-raising-of-crops-and-livestock/ can-an-nri-buy-an-agricultural-land/

Can An NRI Buy An Agricultural Land?
Question asked by Mr SK :
Hi, I am NRI holding Indian passport, last 10 years (from 98’march) I worked and working in different countries. During this period I purchased 15 acres of Agricultural land in my village in India where I want to go back and settle down.
Now I just came to know from RBI web site NRI’s can’t buy the Agricultural land in India So what should I do. Please advice.
Many thanks
SK.


Vatsala Answers:

Since you have already purchased it, you should quietly own it without making any noise about it. This is my best advice to you as right now your ownership is not being challenged.Vatsala
http://www.atoneplace.com
Papayya
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Basky_indya
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Post Number: 17846
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Posted on Tuesday, November 24, 2009 - 10:24 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Scallion:

konukunaanu


congrats mama.

inka konataniki enquiries emo anikunnaa...
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Scallion
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Posted on Tuesday, November 24, 2009 - 10:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Basky_indya:

AMMEdhamanu kunte, emanna problems untundua.. ittanti lands.. ki




Amatam ee matram istam ledu brother navaraku ayithe chala interest tho eri kori oka vandha chusi tharavatha konukunaanu
Jai NTR, Jai Jai TDP
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Basky_indya
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Post Number: 17845
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Posted on Tuesday, November 24, 2009 - 10:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Scallion:


Scall mama, LANDS konesinaka, few years tarvatha

AMMEdhamanu kunte, emanna problems untundua.. ittanti lands.. ki

doubtful ani, ammukotam kastama...,
Becoz Next owner, motham land history antha, choostadu ga..
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Basky_indya
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Posted on Tuesday, November 24, 2009 - 10:09 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ustad:




Green Channel Investments ante, which are approved by RBI and Investments which are legible and legal transaction.....

simple ga ante: PITHALATAKAM lekunda..
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Basky_indya
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Scallion:

Commissioner



anna, Maa father Incometax dept suptd ga chesi retire ayyaru....

I used to know Exact NRI interpretation thru him...

already manaki loopholes chala manage authunnai...

like an NRI cannot maintain a domestic bank account . he should informbank of his status and update accordingly.. but Ikkada undi, akkada status choopistam.


akkada land konataniki, Ikkada status choopistham... anthaaa MAAAYA...
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Ustad
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Posted on Tuesday, November 24, 2009 - 10:04 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Basky_indya:

good info. But still I would suggest to follow GREEN CHANNEL.

and by not following green channel, litigations ki ayye karchu bokka....

tappithe, Vachina aa koddhi aaadayam pothundi...



Green channel ante artham kaaledu bro???
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Ustad
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Posted on Tuesday, November 24, 2009 - 10:03 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Scallion:

I should get clarified brother ninati nunchi manasu pekestandi..



Antha mana manchikee Anna...don't worry.
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Scallion
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Ustad:

Thanks for the update Bro!!!




Brother ipudu na doubt double ayindhi, more confused sure I will spend some time this WE and use my contacts in Commissioner of Land Administration office and talk to officials. I should get clarified brother ninati nunchi manasu pekestandi..
Jai NTR, Jai Jai TDP
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Basky_indya
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good info. But still I would suggest to follow GREEN CHANNEL.

and by not following green channel, litigations ki ayye karchu bokka....

tappithe, Vachina aa koddhi aaadayam pothundi...
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Ustad
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Posted on Tuesday, November 24, 2009 - 09:52 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Scallion:

Just now I got in touch with the advocate I was referring in my previous post. This guy is still saying the same what I have mentioned earlier, I told him I checked the RBI website and it says NRI's can not buy any agri land, he says "I know it, but there are so many other provisions by which you are eligible, don't worry I will take care if needed" . This guy is very leading advocate in HC and very reputed for his abilities in land litigation's, now I have to find some other advocate talk to him regarding this, hopefully I will do it this WE



Thanks for the update Bro!!!
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Scallion
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Posted on Tuesday, November 24, 2009 - 09:48 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ustad:




Just now I got in touch with the advocate I was referring in my previous post. This guy is still saying the same what I have mentioned earlier, I told him I checked the RBI website and it says NRI's can not buy any agri land, he says "I know it, but there are so many other provisions by which you are eligible, don't worry I will take care if needed" . This guy is very leading advocate in HC and very reputed for his abilities in land litigation's, now I have to find some other advocate talk to him regarding this, hopefully I will do it this WE
Jai NTR, Jai Jai TDP
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Ford
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Post Number: 132
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Posted on Tuesday, November 24, 2009 - 01:20 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

any update from other members?

Malik?
Papayya
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Secondcup
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Posted on Tuesday, November 24, 2009 - 12:56 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Bhikhu:

sallati maata sepaavu for sure aa?




nennati nundi sarena sarena antunnavu.oka 200 acres vunda dora neeku ?
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Newguy123
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Posted on Tuesday, November 24, 2009 - 10:26 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ford:

It straightforward indicate that NRI cannot take ownership of agriland




adi citizenship teesukunte applicable..
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Risingstar
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Posted on Tuesday, November 24, 2009 - 09:59 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ford:

It straightforward indicate that NRI cannot take ownership of agriland




kaadhu
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Ford
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Posted on Tuesday, November 24, 2009 - 09:56 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Rising ade kada .. kiska miska..

FEMA says. NRI cannot take ownership of Agri land while he is NRI.

Ante father NRI son peru mida purchase cheyyadaniki law oppukodu.

It straightforward indicate that NRI cannot take ownership of agriland
Papayya
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Risingstar
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Posted on Tuesday, November 24, 2009 - 09:41 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

emundhi?
india loo unna vere farm land nunchi income vasthe adhi petti idhi konnattu prove cheyyachu..
parents daggara unna money thoo konnattu prove cheyyachu..
vere valla daggara appu theesukunna money thoo konnattu prove cheyyachu..

agriculture income ki tax ledhu filing ledhu...
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Ford
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Post Number: 129
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Posted on Tuesday, November 24, 2009 - 09:38 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Rising babai..

Inka antha deep ga vellaledu.. Still in investigation. Ela prove chestavu?

FEMA indicate that No NRI can get Agri land on his name while he is NRI.

This statement is little confusing. Anduke antaru Indian law can be interpreted thousand ways.
Papayya
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Risingstar
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Posted on Tuesday, November 24, 2009 - 09:36 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ford:

If the land is purchased by NRI with foreign funds




foreign funds kaadhu india loo money thoone konnattu prove chesthe emi chestharu?
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Ford
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Post Number: 128
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Posted on Tuesday, November 24, 2009 - 09:33 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

My findings.

1) If the land is purchased by NRI with foreign funds then According to RBI FEMA it is void. It will go back to govt. As such there is no system to check whether you are NRI or not. When authorities question you , you should prove yourself that you are not NRI.

The law also indicate that The NRI cannot purchase land on their family member name and later cannot receive as gift or on inheritance. No Agri land can be achieved by Foreign money by NRI .



When authorities would ask you:

1) When they come to know that you are NRI (By some complaint by some one else)

2) When RBI ask RDO's to go through local agri lands and find the owners who are suspecious.

3) When Govt try to aquire lands for SEZ.

4) If some one file case on disputed property.

Govt like Goa, Maharastra and Karnataka has taken this steps very seriously and sent notices to some people.

The FEMA is central law and there might be some state law like Non former family cannot aquire forming land.

As of now there are no any guidelines defined for local registration offices and other departmation regarding registrations and transfer of ownership related to FEMA.

Even there is no guidelines defined for following if NRI aquire.

One lawyer suggest that keep quite and go ahead . He says that even you go and inform officers , you are not going to get anything. Just keep quite and hope nothing will happen.

LOOPHOLE:

There is oneway for NRI to buy Agri land. He can buy a agri land if he can prove that funds are used for land is earned while he is in india. Such as PAN card can prove this through income tax returnes.

Make sure sale deed is written on govt rates and it should not indicate anything related to actual money what you pay. Like madhapur has 1cr for acre but govt rate is around 15 thousand.
Papayya
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Ustad
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Posted on Monday, November 23, 2009 - 11:38 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Risingstar:

guys, don't get tensed. nothing will happen.
law loo chala loopholes unnayu... one small notarized document from indian embassy will clear everything..
email me @ risingstar.ccdb@gmail.com



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Bhikhu
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Posted on Monday, November 23, 2009 - 05:57 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rajusk:

Also nuvvu US ki raaka mundu konna 5 acres in Kokapeta kooda safe


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Rajusk
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Posted on Monday, November 23, 2009 - 05:54 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Bhikhu,

Also nuvvu US ki raaka mundu konna 5 acres in Kokapeta kooda safe
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Bhikhu
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Rajusk:

Neeku varasathwamga vache 100 acres land in Tukkuguda ekkadiki podu


nak anta scene unte desam elli enjoy seskune vadni babai
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Rajusk
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Posted on Monday, November 23, 2009 - 05:49 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Bhikhu,


Neeku varasathwamga vache 100 acres land in Tukkuguda ekkadiki podu
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Ford
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Posted on Monday, November 23, 2009 - 05:39 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Dini ammma aaa rule enti ra

you cannot buy agriland on your father name with your money transfered from foreign exchange

Any Agriland inherited from father from foreign money is illegal


No way.. Emi law ra adi
Papayya
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Bhikhu
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Basky_indya:

INheritence vasthe, its allowed.


sallati maata sepaavu for sure aa?
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Rajusk
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Posted on Monday, November 23, 2009 - 05:35 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

CCDB Bhoo Settlement King Rising Zindabad...j/k


Basky I know about RNR status..I see your point...but being there physically for few months is what I was referring to
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Scallion
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Risingstar:

nenu ikkada undi agriculture land koni photos and white paper medha sign pettina documents petti register cheyunchukunna. vaati meedha loans kooda theesukunnaru maa father.. this is a small issue.




You are correct brother chala mandhi registration apudu will do the same, second spot lo thumb imprison vesi and photos pampi they will get the registration done...
Jai NTR, Jai Jai TDP
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Basky_indya
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Posted on Monday, November 23, 2009 - 05:33 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Sing mama, BUY 10 acres on parents name.

parents inherit this back to son.
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Basky_indya
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INheritence vasthe, its allowed.
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Rajusk
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Posted on Monday, November 23, 2009 - 05:30 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Gkay,

Inheritance ki rules vere unnayi..same link follow ayyipondi
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Basky_indya
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Risingstar:

law loo chala loopholes unnayu...




anthe kaani OFFICIAL(green channel) ga possible kaaadu annamaata..
Gigantic Techno fuctional Mega Blockbuster Magnum Opus BOMMA
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Risingstar
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Posted on Monday, November 23, 2009 - 05:29 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

nenu ikkada undi agriculture land koni photos and white paper medha sign pettina documents petti register cheyunchukunna.
vaati meedha loans kooda theesukunnaru maa father.. this is a small issue.
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Scallion
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Basky_indya:

anyone Kabja or anyting




Kabja gatra la lo even though you are not an NRI, nee dagara vuna papers will do very little help, only


Mallik:

ofcourse, manaku desham lo balam undi anuko.. case eshnonni bokkal choora choora cheyyochhu..




there ends the matter...
Jai NTR, Jai Jai TDP
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Risingstar
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Posted on Monday, November 23, 2009 - 05:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

guys, don't get tensed. nothing will happen.
law loo chala loopholes unnayu... one small notarized document from indian embassy will clear everything..
email me @ risingstar.ccdb@gmail.com
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Basky_indya
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Scallion:





scallion, u may have all. but if tomorow, anyone Kabja or anyting

how can u handle.... if u hue cry, they will first proscute u...
Gigantic Techno fuctional Mega Blockbuster Magnum Opus BOMMA
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Basky_indya
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Posted on Monday, November 23, 2009 - 05:19 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

not just 182 days. Last 7 years rule also HOLDS good.

ex. if u stay in america for 7 years(just gc or h1, not us citizen),

u land up in india and stay 7 months, u wont become 'INDIAN again'.

U have to become 3.5 years to cross that , to become fully-indian .

ante 10.5 years avuddhi total(u need to wait 3.5 years).

again: THE ABOVE is in TAX related/agriculture buying context.

U may be a indian citizen alll the while.
Gigantic Techno fuctional Mega Blockbuster Magnum Opus BOMMA
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Mallik
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Scallion:

nanu registration kuda cheyinchu konanu with out any problem, govt pass books kuda issue chesaru and Mutation kuda ayindi


The problem is not getting registered or passbooks.. the problem is with the folks who I know.. naak telshinode reppodduna case eshnaa estad.. stating an nri who cannot buy agri lands, bought ani.. ofcourse, manaku desham lo balam undi anuko.. case eshnonni bokkal choora choora cheyyochhu.. but ee thalakaaya noppul deniki.. lets be onthe safest pojbl side..
In this db, there's always someone watching you!!
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Basky_indya
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Guttonkay:

already vunte emi avuddi? farms inherited from parents ayite emi avuddi?





REGISTER avvadhu...
Gigantic Techno fuctional Mega Blockbuster Magnum Opus BOMMA
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Ustad
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Scallion:

will talk to some more people to night to check and see if we are in a bad shape, if at all we are in bad shape than I should try to find out ways to rectify them...



Thanks bro...repu ee thread lo mee findings post cheyyandi.
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Scallion
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Ustad:

I was shocked when a senior lawyer (expert in land related cases)




I posted earlier in this thread with confidence because Jagadish garu ani oka high court advocate who is specialist in land related litigations told me very clearly that non residential Indians who are Indian citizens can buy Agri lands, we will seek his advice for all our transactions, I will talk to some more people to night to check and see if we are in a bad shape, if at all we are in bad shape than I should try to find out ways to rectify them...
Jai NTR, Jai Jai TDP
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Guttonkay
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US citizen peru meeda india lo polam vunte emi avuddo konchem cheppandi please. selling problem or buying problem. already vunte emi avuddi? farms inherited from parents ayite emi avuddi?
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Ustad
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Scallion:

I don't think any of the guys in the sub registrar office or joint collector office know these rules



Not just registrar office guys...I was shocked when a senior lawyer (expert in land related cases) said that it ok and NRI's can buy agri land.
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Rajusk
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Posted on Monday, November 23, 2009 - 04:48 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Scallion,

I don't think there are any work arounds unless we live in India for more than 182 days and become Complete indian citizen by paying taxes and then exit out of the Agricultural property
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Scallion
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Mallik:

asale 12 acres konnaa.. 70L petti.. telvaka.. hippud nen hemit cheyyaale?




nanu registration kuda cheyinchu konanu with out any problem, govt pass books kuda issue chesaru and Mutation kuda ayindi (Mutation of property is recording in the revenue records about the transfer of title of a property from one person to another ), I don't think any of the guys in the sub registrar office or joint collector office know these rules , I will try to find it out to night and will post my findings tomorrow
Jai NTR, Jai Jai TDP
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Ustad
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Scallion:

I think i am in very very big mess



Ee rule selling party or valla related people ki teliyaka pothe chaalu...vallaku telisthe matram problem cr8 cheya vachu.
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Rajusk
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Posted on Monday, November 23, 2009 - 04:31 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Ustad..

Andukane ikkada shake shakeela..
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Scallion
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Ustad:




I think i am in very very big mess
Jai NTR, Jai Jai TDP
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Ustad
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Posted on Monday, November 23, 2009 - 04:26 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Rajusk:

www.rbi.org.in/scripts/FAQview.aspx?Id=33




Thanks 4 the link.

Q.1 Who can purchase immovable property in India?

A.1 Under the general permission available, the following categories can freely purchase immovable property in India:
i) Non-Resident Indian (NRI)- that is a citizen of India resident outside India
ii) Person of Indian Origin (PIO)- that is an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan), who
1. at any time, held Indian passport, or
2. who or either of whose father or grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955).

The general permission, however, covers only purchase of residential and commercial property and not for purchase of agricultural land / plantation property / farm house in India.
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Secondcup
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Mallik:

Ikkada agricultural land meeda emi cheppadam led.. mallee douting naaki.. asale 12 acres konnaa.. 70L petti.. telvaka.. hippud nen hemit cheyyaale?




inka neeku GC ledu,ind citizen vi kada.lite ga wet cloth vesukuni vundu.I don't think anything will happen.land ne peru meeda registration chesara leda.ledu ante me dad peru meeda cheyyu.later me dad ni ne peru meeda gift deed cehyyamanu.ayuna villages lo ivi anthaga evaru check chestaru vayya,IMO only.
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Rajusk
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Posted on Monday, November 23, 2009 - 04:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Check

www.rbi.org.in/scripts/FAQview.aspx?Id=33
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Ustad
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Scallion:

Very good info, Ikada NRI ani vadindi nenu chepina dantlo second case gurinchi ani naa openion



Ledu bro...writer clear ga NRI and PIO definition ichaadu. Nenu ee law undi anee Agri land ante back step vestunnanu.


Ustad:

But before we go into the details of the law, let's get the definitions straight. An NRI is an Indian citizen residing outside India.


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Scallion
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Ustad:

How NRIs, PIOs can buy land in India




Very good info, Ikada NRI ani vadindi nenu chepina dantlo second case gurinchi ani naa openion, Opika unte oka mail kotu brother writer ki and share the info mana andariki paniki vasthundi...
Jai NTR, Jai Jai TDP
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Mallik
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Ustad:

A general permission is available to NRIs or PIOs to purchase only residential/ commercial property in India.


Ikkada agricultural land meeda emi cheppadam led.. mallee douting naaki.. asale 12 acres konnaa.. 70L petti.. telvaka.. hippud nen hemit cheyyaale?
In this db, there's always someone watching you!!
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Ustad
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Ustad:

A general permission is available to NRIs or PIOs to purchase only residential/ commercial property in India.


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Mallik
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Secondcup/Scallion:


Soopero.. suppose for suppose nen oka agri land konnaa and later on got amru citijenship.. affud muchheta endi mari?
In this db, there's always someone watching you!!
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Ustad
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How NRIs, PIOs can buy land in India

The law has come a long way since the days of the Fera (Foreign Exchange Regulation Act) regime, when buying or selling of immovable property was governed by the citizenship of a person.

Under Fema (Foreign Exchange Management Act), the thrust is on residential status. But before we go into the details of the law, let's get the definitions straight. An NRI is an Indian citizen residing outside India. A citizen of another country is a PIO (person of Indian origin) if he has held an Indian passport at any time or if he, his father or his grandfather has been a citizen of India. A citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan is not regarded as a PIO.

With the emphasis on residential status, a foreign citizen who is a resident of India can buy and sell properties without prior approval from the Reserve Bank of India, subject to a general ban on citizens of the eight countries mentioned above and restrictions on buying certain properties.

A foreign citizen of non-Indian origin cannot acquire agriculture land/farm house/plantation property in India without the prior approval of the RBI, whereas a foreign citizen of Indian origin can acquire such properties without the prior approval of the RBI but only by way of inheritance. Leasing of immovable property for a period of five years or less is freely permitted.

The RBI does not determine the residential status of a person for the purpose of acquisition of immovable property in India. Under Fema regulations, residential status is determined by operation of law. The onus is on the individual to prove his residential status, if questioned by any other authority.

Acquisition by way of purchase

A general permission is available to NRIs or PIOs to purchase only residential/ commercial property in India. There is no restriction on the number of residential/commercial properties that an NRI or a PIO can buy. The name of a foreign national of non-Indian origin cannot be added as a second holder of a residential/commercial property purchased by an NRI or a PIO.

A foreign national of non-Indian origin, resident outside India, cannot acquire any immovable property in India by way of purchase without the RBI's nod. However, a foreign national of non-Indian origin, including a citizen of the eight countries mentioned above, may acquire only residential accommodation on lease, for not more than five years.

He does not require the RBI's permission for this. A person resident outside India (that is, an NRI, a PIO or a foreign national of non-Indian origin) cannot acquire agricultural land/plantation/farm house in India by way of purchase.

Acquisition by way of gift

An NRI or a PIO may acquire residential/commercial property by way of gift from a resident of India, an NRI or a PIO. However, a foreign national of non-Indian origin resident outside India cannot acquire residential/commercial property in India by way of gift. A person resident outside India cannot acquire agricultural land/plantation/farm house in India by way of gift.

Acquisition by way of inheritance. A person resident outside India can hold immovable property in India acquired by way of inheritance from a person resident in India. Further, with the approval of the RBI, he may hold immovable property in India acquired through inheritance from a person resident outside India, provided the bequeathor had acquired the property in accordance with Fema or the foreign exchange law in force at the time of acquisition.

Sale of immovable property

An NRI can sell residential/commercial property in India to a person resident in India, an NRI or a PIO. However, a PIO can sell residential/commercial property in India only to a resident of India. He would need prior approval of the RBI for sale of residential/commercial property in India to an NRI or a PIO.

A foreign national of non-Indian origin whether resident in India or outside India would require prior approval of the RBI for sale of residential property in India acquired with the specific permission of the RBI to a person resident in India or outside India.

An NRI or a PIO may sell his agricultural land/plantation/ farm house in India to an Indian citizen resident in India. However, a foreign national of non-Indian origin, resident outside India, would require prior approval of the RBI to sell agricultural land/plantation/farm house acquired in India.

Gift of immovable property in India. An NRI or a PIO may gift residential/commercial property in India to a person resident in India, an NRI or a PIO. Further, an NRI or a PIO may gift agricultural land/plantation/farm house in India to an Indian citizen resident in India.

However, a foreign national of non-Indian origin resident outside India would need prior approval of the RBI to gift agricultural land/plantation/ farm house acquired by him in India.

Acquisition of immovable property for carrying on a permitted activity in India

A person resident outside India who has established a liaison office in India in accordance with Fera/Fema regulations cannot purchase immovable property in India. Practically, all liaison offices in India acquire premises on lease for not more than five years for which no permission is required from the RBI.

However, a person resident outside India who has established a branch office or other place of business in India in accordance with Fera/Fema regulations can purchase immovable property in India provided it is necessary for, or incidental to, carrying on the activity he is engaged in and all applicable laws have been complied with.

For details on other related issues, you may approach the chief general manager, RBI, Foreign Investment Division, Central Office, Mumbai.

http://ia.rediff.com/money/2006/aug/21land.htm?q=tp&file=.ht m
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Scallion
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Risingstar:

meeku idea untee cultivation and fencing costs cheptara?




Barbed wire fencing ayithe it will be around Rs 2.50 per foot
Jai NTR, Jai Jai TDP
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Rajusk
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Scallion gaari opinion about NRI(Indian Citizen) buying land correct aithe naa tarafuna oka 5 stars veyyandi..

Chaala relief iche news cheppinanduku
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Secondcup
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Mallik:

Theddu sadve opika ledu.. deeniki ansering undaa? for sure gaa teliste seppand...




Scallion:

1. An Indian citizen who stays abroad for employment/carrying on business or vocation or under circumstances indicating an intention for an uncertain duration of stay abroad is a NON-RESIDENT INDIAN ( NRI ).

These guys can buy agri land

2. For the purposes of availing of the facilities of opening and maintenance of bank accounts , a foreign citizen (but not a citizen of Pakistan or Bangladesh) is deemed to be of Indian Origin, if he, at any time was an Indian citizen or either of his parents or any of his grandparents was a citizen of India. A spouse (not being a citizen of Pakistan or Bangladesh) of an NRI is also treated as an NRI for the above purposes. For investments in shares/securities in India, a foreign citizen (but not a citizen of Pakistan, Bangladesh or Sri Lanka) is deemed to be of Indian Origin, subject to satisfaction of the other conditions above. For investments in immovable properties, a foreign citizen (but not a citizen of Pakistan, Bangladesh, Afghanistan, Bhutan, Nepal or Sri Lanka) is deemed to be of Indian Origin, if he, at any time, was an Indian citizen or his father or paternal grandfather was an Indian citizen.

These guys can not buy agri land


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Mallik
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Mallik:

I am not sure if NRI's are eligible to buy agricultural lands..


Theddu sadve opika ledu.. deeniki ansering undaa? for sure gaa teliste seppand...
In this db, there's always someone watching you!!
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Mallik
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Jp_rocks:

bit aaaa


Evitaa xpresshanu.. real dhandha term adhi.. idi kooda telvadi mallee bhoomi konaale ani oopukuntaa ostaru.. chess..
In this db, there's always someone watching you!!
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Kamal
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Jp_rocks:

acha hoon..sup? decom plan inka running aa?? howz ething else? memu lakes at fountain sq lo digam..i guess ur in the landing rite?




decom plan ho gaya .. migration plan ho gaya .. report generation tak badgaye ..

baaki sab info .. email mein :D
True face of Secularism - 4 Sept 2009.
http://www.youtube.com/watch?v=LoopSdiqipo
http://www.youtube.com/watch?v=K40a4m3REhM
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Secondcup
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Scallion:

Next year in summer time after you are done with the second croup jeluga vesi 4 feet hight data perigina taruvatha water peti damu cheyincheyandi brother do it for two years kathi laga tayaru avuthayi malli...




manchi salaha, na chinnatanam lo chesevaru idid,naaku gurthu dammu cheyyatam antha.kaani kavulu ivvatam valana emi cheyyatam ledu oka 10 yrs ga.
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Risingstar
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Jp_rocks:

bit aaaa


3,4 places loo land untee ilaa bit anee chepthar kadha mama..
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Bhikhu
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Telugufan:

NRI's kadhu Us citizens agri lands India lo konakudhau


Citizen ayyaka ancestrol agri land guda tiskokudada?
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Scallion
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Secondcup:

cheruku/vari vesi magani polalu anni naasi rakam tayaru ayyayu




Next year in summer time after you are done with the second croup jeluga vesi 4 feet hight data perigina taruvatha water peti damu cheyincheyandi brother do it for two years kathi laga tayaru avuthayi malli...
Jai NTR, Jai Jai TDP
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Risingstar
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land manchi land. pakka polam loo rice and cotton cultivate chesthunnaru..
just crop cultivation investment entha avuddi antaru?
on top of that i have to develop the land..last 4,5 years years nunchi ee land loocultivation cheyyatam ledhu..
ippudu ilanti crops veyyalantee chuttoo fencing veyunchali..fencing expenses gurinchi emanna idea undha?
ippudu bores vesthe fail avuthe money venakki isthunnaranta kadha...so bore veyunchatam loo risk ledhu...

meeku idea untee cultivation and fencing costs cheptara? bore pedda issue kaadhu eppatikauna veyunchalsinde kadha..
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Secondcup
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Scallion:

rosemary herb cultivation for leaves as well as oil gurinchi koncham alochinchu brother




Babai,

mana VJA area 20 kms towards bandar route (water fecility baga vundi + bore kooda vundi) polallo veyyavacha.cheruku/vari vesi magani polalu anni naasi rakam tayaru ayyayu + baaga karchulu perigai cheruku ki and kavulu kosam kooda baaga tiragalo maname.
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Scallion
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Idle_yzag:

meeku phone seyacha?




week end petukondamu
Jai NTR, Jai Jai TDP
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Jp_rocks
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Risingstar:

water facility unna oka 12 acre bit waste ga padi undhi..


bit aaaa
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Scallion
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Risingstar:

water facility baaga undhi, you can say avg to good. rice cultivate cheyyachu.. bore paduthundi, polam pakkanunchi vaagu velthundi..




Bangaram lani bumi kada brother...

koncham progressive ga unte brother gold mint chesukovachu, rosemary herb cultivation for leaves as well as oil gurinchi koncham alochinchu brother. 06-07 lo average ga farmers made an net income of Rs.57,000 per acre after (06-07)
and you have ready market for both the products. Once planted it will lost for 3-4 yrs. intercropping of vegetables also can be done.
Jai NTR, Jai Jai TDP
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Risingstar
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water facility baaga undhi, you can say avg to good. rice cultivate cheyyachu.. bore paduthundi, polam pakkanunchi vaagu velthundi..
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Idle_yzag
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Scallion:


meeku phone seyacha?
I Lost my leader, Johar YSR
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Scallion
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Risingstar:

sca bro, water facility unna oka 12 acre bit waste ga padi undhi.. min investment and observation thoo cultivate cheyyalantee emi veyyamantav?





Minimal water felicity naa or average to good water felicity undha brother
Jai NTR, Jai Jai TDP
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Risingstar
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sca bro, water facility unna oka 12 acre bit waste ga padi undhi.. min investment and observation thoo cultivate cheyyalantee emi veyyamantav?
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Scallion
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1. An Indian citizen who stays abroad for employment/carrying on business or vocation or under circumstances indicating an intention for an uncertain duration of stay abroad is a NON-RESIDENT INDIAN ( NRI ).

These guys can buy agri land

2. For the purposes of availing of the facilities of opening and maintenance of bank accounts , a foreign citizen (but not a citizen of Pakistan or Bangladesh) is deemed to be of Indian Origin, if he, at any time was an Indian citizen or either of his parents or any of his grandparents was a citizen of India. A spouse (not being a citizen of Pakistan or Bangladesh) of an NRI is also treated as an NRI for the above purposes. For investments in shares/securities in India, a foreign citizen (but not a citizen of Pakistan, Bangladesh or Sri Lanka) is deemed to be of Indian Origin, subject to satisfaction of the other conditions above. For investments in immovable properties, a foreign citizen (but not a citizen of Pakistan, Bangladesh, Afghanistan, Bhutan, Nepal or Sri Lanka) is deemed to be of Indian Origin, if he, at any time, was an Indian citizen or his father or paternal grandfather was an Indian citizen.

These guys can not buy agri land
Jai NTR, Jai Jai TDP
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Guttonkay
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krishnapatnam vaipu land rates ela vunnayi evarikanna idea vunda. nalugo mile area lo anta govt ceiling ettindi or govt acquire chesukuntundi annaru. nijamena. one acre 70 lakhs vundedi ippudu 15 lakhs ki padipoyindi ani vinnanu. nijamena?
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Jp_rocks
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Kamal:

bro .. kaisa hai?


acha hoon..sup? decom plan inka running aa?? howz ething else? memu lakes at fountain sq lo digam..i guess ur in the landing rite?
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King
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Basky_indya:

The truth is even the residents of India can't buy agricultural land, if they don't already have the farmer status.



Nee half knowledge tho janalanu misguide cheyaku. You have been doing this pretty often.
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Risingstar
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Telugufan:




you are right
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Telugufan
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Risingstar:

bhalee chepthav mama... nenu konnanu 2 times agruclture land...

konni states loo rules different gaa unnayu. AP loo rules emi levu..
karnataka loo we (AP people) can't buy the agri land. daaniki kooda loopholes unnayu...


NRI's kadhu Us citizens agri lands India lo konakudhau, monna citizen ship thesukunnapudu thelisindhi e vishayamu
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Ustad
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Scallion:

Correct kadu, NRI's who are Indian citizens can buy agri land, if you are not an Indian citizen then you are correct you can buy only non-agri/commercial properties



Scallion bro....nenu rediff lo chadivaanu....NRI ante nee indian citizen kada...PIO are Indian origin but citizen of different county. Correct me if I am wrong?
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Kamal
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Jp_rocks:




bro .. kaisa hai?
True face of Secularism - 4 Sept 2009.
http://www.youtube.com/watch?v=LoopSdiqipo
http://www.youtube.com/watch?v=K40a4m3REhM
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Gandhiguevara
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Basky_indya:

The truth is even the residents of India can't buy agricultural land, if they don't already have the farmer status.


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Risingstar
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Basky_indya:

The truth is even the residents of India can't buy agricultural land, if they don't already have the farmer status.




bhalee chepthav mama... nenu konnanu 2 times agruclture land...

konni states loo rules different gaa unnayu. AP loo rules emi levu..
karnataka loo we (AP people) can't buy the agri land. daaniki kooda loopholes unnayu...
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Idle_yzag
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Basky_indya:

The truth is even the residents of India can't buy agricultural land, if they don't already have the farmer status.

Ever heard the news about controversy around people like Amitabh Bachchan, Amir Khan and Rani Mukherjee buying agricultural land and claiming to be already farmer?


nee bondha, nee chadastham nannnu savaD :D

Amithab issue he claimed as farmer... inka nuvv school muy, yevarina konachu lands if state law permits
I Lost my leader, Johar YSR
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Scallion
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Secondcup:

farmers status ni nenu kottaga vintunna.




Idi peda boothu..
Jai NTR, Jai Jai TDP
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Secondcup
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Basky_indya:

if they don't already have the farmer status.




Idid ela check chestaru cheppu Basky ? ippudu ante passbooks vachai.idid varaku emiti, taaselu katte receipts vunte anthe or bore well power bills choosevara. ledu ante Village assitant paper meeda idid palana valla bhoomi ani raste saripoyedi. e farmers status ni nenu kottaga vintunna.
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Scallion
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Basky_indya:

The truth is even the residents of India can't buy agricultural land, if they don't already have the farmer status.




farmer status ante enti?
Jai NTR, Jai Jai TDP
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Secondcup
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Idle_yzag:



ok thx tammudu.ma vallu already MOU rasaru ananru.so entho kontha asalu investment vaste chaalu.
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Scallion
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Basky_indya:

ITS RULE. NRI cant BUY AGRI/plantations etc type LANDS.





Scallion:

Correct kadu, NRI's who are Indian citizens can buy agri land, if you are not an Indian citizen then you are correct you can buy only non-agri/commercial properties



Jai NTR, Jai Jai TDP
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Basky_indya
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Idle_yzag:



The truth is even the residents of India can't buy agricultural land, if they don't already have the farmer status.

Ever heard the news about controversy around people like Amitabh Bachchan, Amir Khan and Rani Mukherjee buying agricultural land and claiming to be already farmer?
Gigantic Techno fuctional Mega Blockbuster Magnum Opus BOMMA
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Scallion
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Ustad:

NRI's can only buy non-agri/commercial properties




Correct kadu, NRI's who are Indian citizens can buy agri land, if you are not an Indian citizen then you are correct you can buy only non-agri/commercial properties
Jai NTR, Jai Jai TDP
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Idle_yzag
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Basky_indya:

cheppedhi enti. ITS RULE. NRI cant BUY AGRI/plantations etc type LANDS.


I dont think so, Citizens cant buy, not NRIS
I Lost my leader, Johar YSR
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Secondcup
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Ustad:

NRI's can only buy non-agri/commercial properties




Are you sure Ustad about this ? naku telisi non-indian citzens and OCI/PIO can't buy agri lands. H1 meeda vunde manalanti vallu kooda konkoodada.villages/mandalam registration offices lo ayuthe naaku telisi antha verification emi vundadu.
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Idle_yzag
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Secondcup:


anna parvada ante industrial area, cant say exactly, equation will be toss if something goes wrong,
I Lost my leader, Johar YSR
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Basky_indya
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Risingstar:




cheppedhi enti. ITS RULE. NRI cant BUY AGRI/plantations etc type LANDS.
Gigantic Techno fuctional Mega Blockbuster Magnum Opus BOMMA
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Idle_yzag
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Jp_rocks:

approx construction cost per sft enta bedar?


structure ki 450-500Rs/sqft
I Lost my leader, Johar YSR
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Risingstar
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Jp_rocks:

NRI's can only buy non-agri/commercial properties


evaru cheppar idhi? ekkadanna link undha?
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Mikkymouse
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Jp_rocks:

toogoji lo konni worst lands unnai..




Evi ekkada?
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Secondcup
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Idle_yzag:




idle, last time neeku/pavala ki cheppanu paravada daggara polalu konnaru ma vallu ani.danni ippudu layout chesi, evariko agreement chesaru anta ma vallu(china amt le madi). appudu 16lakhs per acre, peak lo 35+ vellindi anta. ippudu around (25 ki) set chesaru.asalu iddi manchi area yena ? nenu future lo vuntundi le ani oka plot vunchamanna ma deal lo.

neeku emyna idea vunda e area gurinchi?
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Ustad
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Posted on Monday, November 23, 2009 - 01:49 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Mallik:

I am not sure if NRI's are eligible to buy agricultural lands..



NRI's can only buy non-agri/commercial properties
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Jp_rocks
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Idle_yzag:

yza lo construction cheyalante cheppu, I will do it


approx construction cost per sft enta bedar?
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Idle_yzag
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Secondcup:

Idle choodu ne age vade,e range lo konnado real estate lo



Jp_rocks:

idly born with 2 silver punukulu ani talk..aayana tho manaki comparison enti..




silver kadu plastic
I Lost my leader, Johar YSR
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Jp_rocks
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Lionswalkalone:

Land konukkoo..Urban or rural, agriculutural or commercial doesn't matter..Clean title and good price ki ravatam important..
edi manchi deal vaste adi set chesuko..
apt/house picha lite, from a pure investment stand point


thanks bro.....edii manasulo ettukokunda clean title type lo clean advice ichinanduku..maa oollo land konataniki try chesta..
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Idle_yzag
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Jp_rocks:

how abt constructing a warehouse/storage in a cheap land?


India lo workout avadhu anna, roju min 10 ads padathayi warehouse vundhi ani, chala takkuv rates vasthai...

Best hyd/guntur/vizag/v'wada lo 350 sqyds sthalam konnu

construction chey, whole apartment rent ki ichey... yza lo construction cheyalante cheppu, I will do it :-)
I Lost my leader, Johar YSR
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Jp_rocks
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Secondcup:

Idle choodu ne age vade,e range lo konnado real estate lo


idly born with 2 silver punukulu ani talk..aayana tho manaki comparison enti..
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Lionswalkalone
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Posted on Monday, November 23, 2009 - 01:41 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Land konukkoo..Urban or rural, agriculutural or commercial doesn't matter..Clean title and good price ki ravatam important..
edi manchi deal vaste adi set chesuko..
apt/house picha lite, from a pure investment stand point
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Secondcup
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Posted on Monday, November 23, 2009 - 01:39 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jp_rocks:

there are a lotta places with severe water scarcity..




Monna ekkado paper lo choosa.EG lo edo SEZ kosam 2000 acres Govt acquire chestunndi ani.so careful tammudu konetappudu. 6lakh ante ekkuva then water ledu ante.worst lands kosam 6lkahs badulu idle cheppinatlu RJY lo edo oka site koni compound wall kattu.happy ga , e tension lekunda vutundi.def ga anni chinna cities lo prices perigai.so mellaga time choosukuni vetu veyyatame.

Idle choodu ne age vade,e range lo konnado real estate lo
Mellaga ayyana adugu jadallo naduvu.
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Jp_rocks
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Posted on Monday, November 23, 2009 - 01:37 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Idle_yzag:

yelagoo nuvvu vundanu antunav kabbati buy land and construct and give it to rent...


how abt constructing a warehouse/storage in a cheap land?
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Idle_yzag
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Jp_rocks:


vuncle, apt ante only safety kosam tappa, inkem vundadhu, antha bokke, might be slight appreciation...

yelagoo nuvvu vundanu antunav kabbati buy land and construct and give it to rent... ROI on construction baguntundhi and at the same time land rate kuda perguthundhi :-)
I Lost my leader, Johar YSR
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Jp_rocks
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Secondcup:

50kms ante manchi area emo kada(kadiyam side ?) water supply bagane vutundi me side.evi magani or metta polalu ? 6lakh ante chaala takkuva emo e market lo. krishna jilla ekkado varsham vaste mungi poye polalu kooda (konchem panta padevi) 6 lakh ki ravatam ledu.


NTR la matladutunnav kada bedar..east to west all areas cover chestunnav :-)

cheppa kada worst lands ani..parama metta bhoomulu..exact details kanukkovali...in fact uncultivable lands baaga metta by the side of a pond..with a huge risk of being submerged..monna 2 lakhs per acre ki deal ochindi.....ma dad muligipothai lite oddu annaru..naku aite inka lagutune undi....ma side anni lands ki water supply undadu.....there are a lotta places with severe water scarcity..
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Risingstar
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Posted on Monday, November 23, 2009 - 01:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

idly cheppindi correct.. city or town land ekkada konna value peruguddi.. polam konatam kooda manchi idea nee.. but ekkuva rates pettaddu.. develop avuthunna cities loo chinna chinna plots konna value peruguthayu....
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Jp_rocks
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Posted on Monday, November 23, 2009 - 01:24 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Idle_yzag:

I wont prefer apt unless u stay, City or town...



Idle_yzag:

correct ga plan chesthe rentals ki 1.50-2Rs intrest vasthundi for your construction cost



Bunty717:

na RE exp batti..
c,b,a ee order I prefer


thanks bedar...ni lanti guage unna uncles advice ante naku makkuva ekkuva :-)
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Secondcup
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Posted on Monday, November 23, 2009 - 01:24 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jp_rocks:

they are around 50 kms to rajahmundry




50kms ante manchi area emo kada(kadiyam side ?) water supply bagane vutundi me side.evi magani or metta polalu ? 6lakh ante chaala takkuva emo e market lo. krishna jilla ekkado varsham vaste mungi poye polalu kooda (konchem panta padevi) 6 lakh ki ravatam ledu.
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Idle_yzag
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Jp_rocks:

a) good apt deal
in hyd
b) land (agri or residential) near a small town


I wont prefer apt unless u stay, City or town... anyday appreciation vuntundhi ante land yeee
I Lost my leader, Johar YSR
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Bunty717
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Jp_rocks:

i am re-phrasing my kochen:

which one of the following is a better INVESTMENT
:

a) good apt deal in hyd
b) land (agri or residential) near a small town
c) land in a gated project in hyd..




na RE exp batti..

c,b,a ee order I prefer
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Jp_rocks
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Secondcup:

evi ekkada konali polalu anukutnnavo cheppu. ade me toogo jilla


toogoji lo konni worst lands unnai..koncham thakkuvake..like 6 lakhs per acre..akkada kondam ani......rates and exact location details daddy tho matladali..but they are around 50 kms to rajahmundry..
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Secondcup
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Jp_rocks:

is it a good option to buy polalu?



PFB,
evi ekkada konali polalu anukutnnavo cheppu. ade me toogo jilla lo or paagajilla/KD/GN jilla ayuthe min one acre 10+ lakhs vutundi. so mundu specific cheppu ekkada anukutunnavo. scallion can tell you more about HYD sites..

Mallik,

NRI's can buy Agri lands kada,malla idemi fitting.only non-indian citizens can't buy agri lands.
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Jp_rocks
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i am re-phrasing my kochen:

which one of the following is a better INVESTMENT:

a) good apt deal in hyd
b) land (agri or residential) near a small town
c) land in a gated project in hyd..
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Ford
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Posted on Monday, November 23, 2009 - 01:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Polalu ayithe konchem ok...kaani city chuuttu pakkala 10lak takkuva acre ekkada vastunnai?

Polalu ayithe ..acar ki 4500sqyarda ..perigithe plots eeshi ammochu..kaani perimossion ki kukkala tirigi..dabbu pettali
Papayya
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Jp_rocks
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Idle_yzag:

correct ga plan chesthe rentals ki 1.50-2Rs intrest vasthundi for your construction cost


ok..one straight ques.....which one of the following is a better INVESTMENT:

a) good apt deal in hyd
b) land (agri or residential) near a small town
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Rebel
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Posted on Monday, November 23, 2009 - 01:13 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

City Projects - Are like Indvidual stocks...more risk,more money
Polalu - are like mutual funds..less risk less money
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Jp_rocks
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Mallik:

Its always good to buy more land for less money than more money for less land..




more land for less money ante.....illages lo aina parleda bedar?
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Idle_yzag
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Jp_rocks:

house meeda investment
waste ani artham aindi unless we intend to stay in it..


yevaraa seppina guage vunna vuncle?

correct ga plan chesthe rentals ki 1.50-2Rs intrest vasthundi for your construction cost
I Lost my leader, Johar YSR
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Jp_rocks
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Posted on Monday, November 23, 2009 - 01:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

also.....is it possible to register the land on my name....nri ga register cheste cut sesi sethilo ette schemes emanna unnaya desam lo? i mean is there an extra premium?
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Mallik
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Posted on Monday, November 23, 2009 - 01:10 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

I am not sure if NRI's are eligible to buy agricultural lands..

Its always good to buy more land for less money than more money for less land..
In this db, there's always someone watching you!!
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Jp_rocks
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Posted on Monday, November 23, 2009 - 01:08 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

ikkada guage unna uncles opinion batti house meeda investment waste ani artham aindi unless we intend to stay in it..

so the only option is land.....na relative nri babais andaru..polallo ettaru.....ade dabbulu..

so nenu kuda temping avutunna..is it safe to buy land in a city in gated projects like jana priya/sri mitra OR is it a good option to buy polalu?

iam looking at appreciation and resalability..

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