Land Purchase Scheme

  • Under the Land Purchase scheme one acre of wet land or two acres of dry land will be purchased from non SC/ST land owners.
  • The land will be registered in the name of wife of head of the family.
  • The unit cost is Rs.15.00 lakhs for 26 districts and for remaining 4 districts unit cost is Rs. 20.00 lakhs (Bengaluru Urban, Bengaluru Rural, Chikkaballapura, and Ramanagara)
  • Subsidy will be 50% and term loano will be 50% of unit cost.
  • Beneficiary has to repay the loan in 10 yearly installments. (Interest Rate is 6%)
  • Land Seller should not belong to Scheduled Caste or Scheduled Tribe
  • Price of the land will be decided by the Deputy Commissioner of the concerned District