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Land, property, real estate, Gram Panchayat to CMDA
Question
Description: I am planning to apply for an education loan for my abroad studies. , I intend to keep my land as a collateral for the same. Upon enquiring with the bank authorities , I have been informed that the land needs to be transferred from gram panchayat to CMDA. My question is, how to acquire a CMDA certificate and what is the procedure to convert the land from gram panchayat to CMDA ? Thank you for taking out your time to respond and help.
Answer ( 1 )
There are certain detailed facts required from your end as regards the query mentioned by you. The Gram Panchayat Land was brought by you in which year and what is the present day use of the land. You would be required to share the details of Jamabandi as well showing the ownership of land with you.
as regards the procedure, you will have to apply to the Revenue authorities for change in the ownership of the land from the Gram Panchayat to your name as provided by the CDMA rules.