How do I know if my Gaothan property is legal?

How to check the legality of a gaothan property? As it is important for a gaothan property to be approved by a development authority, the buyer must approach the office of the revenue department or the website of the authority concerned, to find out if the project is part of a government-led scheme.

What is meant by Gaothan property?

Gaothan is the portion of land that is primarily used for the settlement of villagers in Maharashtra. ‘Gao’ in the word ‘Gaothan’ refers to a village. By law, a property included in Section 122 of the Maharashtra Land Record (MLR) is referred to as a Gaothan property.

What is cidco Tri party plot?

This is a type of agreement by which the villager transfers his rights, title and interest on the land to a third party, namely, the builder/developer/construction company. Transfer charges are paid to CIDCO and CIDCO now admits the builder/developer/construction company in its records as the owner of the land.

What is Pardi land?

pardi land means a cultivated land appertaining to houses within a village site; Sample 1. Sample 2.

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Is it legal to sell property under Gaothan scheme?

 If the property comes under state schemes like the 12.5 per cent the Gaothan Scheme (GES) of the CIDCO, where they are transferred on payment of transfer charges to third parties, the transferee gets clear, legal and marketable title from the authority to sell or transfer the property.

Which is part of a village is a Gaothan?

A Gaothan is the portion of the land of the village which is ordinarily used for settlement. Whether a land parcel in a village or town or city is a Gaothan property is determined by the details as laid out in Section 122 of the Maharashtra Land Record Code. Are Gaothan properties legal?

Are there any Gaothan properties in Navi Mumbai?

The Gaothan properties in Navi Mumbai are mostly leasehold (on lease). An investor must be careful and must not invest in a leasehold property as after the expiry of the lease agreement; the villagers can claim the possession of the land.

Is the property Registration Authority exempt from fees?

The Property Registration Authority is pleased to announce that with effect from January 1st, 2021, an application to register a charge (mortgage) lodged using the eRegistration system, will be exempt from Land Registry fees, pursuant to S.I. No. 544/2020 – Registration of Deeds and Title Act 2006 (Fees) Order 2020.