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I am planning to buy agricultural land measuring 1 guntha out of a larger parcel of 8 guntha from one of the co-owners who holds a separate registered sale deed; the land falls under the NAINA town planning scheme, and a final plot of 324 sq. m. has been jointly allotted to four owners, one of whom is proposing to sell his proportionate share (12.54%) to me, whether this transaction is legally permissible and will give me a valid and marketable title, whether the sale deed can be executed with the seller as the owner and the other three co-owners as confirming parties, whether CIDCO/NAINA needs to be a party to the agreement, whether both the old plot reference (7/12) and the new NAINA plot allocation details should be mentioned in the deed, and whether NAINA will record my name as an owner in the allotted final plot?
Yes,the transaction is legally permissible only for an undivided 12.54% share, not a demarcated 1 guntha. The sale deed may be executed by the seller with other co-owners as confirming parties. CIDCO/NAINA need not be parties, but both old 7/12 and NAINA final plot details must be mentioned. NAINA will record you as a co-owner only. For further legal assistance, contact us on our helpline number.