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Indian states like Jammu and Kashmir allows it to, that is from the law Dogra era law prohibiting outsiders from buying land. The central government also cannot overrule it and this is known as the special status of Jammu and Kashmir. It is important and quite clear that there are many restrictions on buying land other than many other parts of India. The outsiders would not be able to buy land in the state like Himachal Pradesh and Jammu Kashmir. The people who are Himachal, himachalis employees of the state can buy land in the state due to which their children can also buy land. The reorganization of the state into union territories Jammu and Kashmir from Ladhak. People from other states are now eligible and keen to buy immovable property it is from article 35A. The RERA policies which may not be similar to other hill states, other hill states have there own rules and regulations. If one decides to go and buy land it is highly advisable to take legal expert advice in the transaction. The rules and regulations are also not clearly defined by RERA policies. To buy residential property is a highly sensitive region and security concerns will keep residential property buyers at bay. Safety and security are the most important factor for any home-buying decision when the situation is stabilized. Then also it needs the benefits of RERA level regulations the articles have a positive impact it is clearly said expressed and advised for the investors to look at all the alternate ways of entering the market such as venture development, a joint development with local partners. Fake news and many illegal and fake advertisements by miscreants on social media, offering bungalows, flats, and lands. Investors must not fall for such bad and unsolicited advice or offers
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athulnarayan
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2020-08-28T20:29:45+00:00 2020-11-11T17:52:54+00:00Comment
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