Reference may be made to our Article titled 'The Sixth
Type of Transfer' published on 17th August, 2018, wherein we
had explained the various transfers in India and type of rights
under the Maharashtra Land Revenue Code, 1966
("Code"). To have a better understanding
of this Article, this Article should be read in conjunction with
our previous Article.
Throughout Maharashtra, including the city of Mumbai and Thane,
the State Government has granted various lands on Occupancy Class
II basis or Leasehold basis for varied purposes such as commercial,
industrial, residential, educational, etc. While granting such
lands on Occupancy Class II basis or Leasehold basis, the State
Government had imposed certain restrictions on the grantee,
including on the transfer, mortgage and/or use of such lands by the
grantee and hence, prior permission and payment of certain premiums
would be required to be made to the State Government
beforehand.
