Area Development Agreement For Agricultural Land
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FAQ
The value of development rights is the difference between the fair market value of the land without the easement and its value as restricted by the easement. For example, an 80 acre farm may be worth $10,000 per acre if sold for home sites, but only $2,500 if restricted, by an easement, to agricultural use.
Agricultural land cannot be used for residential purposes. You cannot construct a house on agricultural land to live in, although the land may be owned by you.
PUNE: The Maharashtra government has decided to allow residential constructions on farm lands in municipal corporations and councils with the conditions that the housing will be only for the economically weaker sections (EWS) of society and have a maximum floor space index (FSI) of 1.
The number of and function of the house you want to build means the difference between getting your building approved or not if you can prove that the building is for farming purposes (like living on-site to tend to crops or livestock), you'll likely get permission to build your house on agricultural land.
FSI: Food Safety Investigation A Supplemental Unit of Instruction for High School Agriculture, Biology, Health, and Food Science Classes.
