Ameya Farms

Property Details

Micro-market

gundugallu

Configuration

Farm Land

Plot Area

10,890 sq ft

Property Type

Managed Farmland

Built-up Area

10,890 sq ft

Status

Ready to Move

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Available Properties

Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.

Inventory Type

Property Information

Legal Information

Indicative legal & tax information based on available documents; verify with your lawyer before transacting.

Occupancy Certificate

No

Fire NOC

No

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status

• ConditionalYou can buy farmland, but the rules change from state to state.Agriculture sits on the State List, so the buyer test and the ceiling are set locally. Several states still sell agricultural land only to an existing agriculturist.

What you actually hold

• You hold freehold agricultural title recorded in the revenue record, usually as an entry in the record of rights.

Key rules and restrictions

• Agriculture is a state subject, so the buyer test and the ceiling differ from state to state.
• Several states still allow only an agriculturist to buy agricultural land.
• Ceiling limits cap how much you may hold across the family.
• Building on the land needs a conversion order changing the use from agricultural to non-agricultural.

Funds and process

• Domestic funds. Cash consideration of Rs 20,000 or more is barred under section 269SS. The buyer deducts 1% TDS under section 194-IA where the consideration is Rs 50 lakh or more.

Taxes

• Stamp duty on agricultural land is often lower than on built property, and some states charge a flat rate. Agricultural land outside the notified urban limits is not a capital asset, so a sale can fall outside capital gains tax altogether. Land inside those limits is taxed normally.

Verify before you buy

• Read the record of rights, tenancy and crops entry for the last 13 years.
• Check the land is not inam, grant or assigned land with an alienation bar.
• Confirm the plot is outside the distance limits that would make it a capital asset.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in India before you commit.

Investment Information

Location

gundugallu, Andhra Pradesh, 522663, India

• Airport: Vellore Airport - 48.4 km
• Railway: Srinivaspur Railway Station - 31.93 km
• City: Guntur - 1.5 hours away
• Town: Vinukonda - 31 km

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

Social Infrastructure

Key education, healthcare, and dining amenities near this property.