Ahmedabad Authority (Urban Development) froze the conversion of agricultural land. The move of AUDA will affect thousands of realty investors who have invested in lands. Many investors had invested on lands for constructing farmhouses.
Thousands of realty investors have invested in 68 villages that fall under the limit of Ahmedabad Urban Development Authority. They will be trapped as AUDA halted conversion of agricultural land for other purposes. It seems that non-agricultural conversions will take place only in rare conditions.
Those who have invested in the agricultural land with the aim to covert them later and have not gained NA permissions already will be affected by the Ahmedabad Authority’s new plan. Under the new plan the conversion of agricultural land for other purposes will be banned entirely. Continue reading