Property in Himachal
Property in Himachal Pradesh is governed by the section 118 of the H.P. Tenancy and Land Reforms Act.
As per the act only people having Agricultural Land in Himachal Pradesh can buy land in Himachal Pradesh. People who have been residing in Himachal Pradesh prior to 1972 and are still residing in the state or are out of state in their jobs can buy land (one time) upto 500 sq. mts. for residential purpose and upto 300 sq.mts. for commercial purpose within the Municipal Limits of the towns, provided they do not own any other such land.
All non-agriculturists or non–Himachalis can buy a built up structure without land situated within the Municipal limits of the towns only, as there is no bar for its purchase under the amendments made in section 118 of the H.P. Tenancy and Land Reforms Act vide amendment dated 28.12.1996.
Any non-Himachalis who want to buy land for residential purpose, can buy upto 500 sq. Mts. with due permission under section 118 of the H.P. Tenancy and Land Reforms Act, which is at the sole discretions of the Government, provided, certain norms are fulfilled. For projects like resorts, hotels, schools and industry again permission under section 118 of the H.P. Tenancy and Land Reforms Act is required from the Government of Himachal Pradesh, but there is no ceiling on the requirement of land, which varies from project to project.
Any non-Himachali is competent and entitled to take on lease hold basis, a built up structure without land, even if it is situated out side Municipal limits of any town, as per provision of sub section(3)(i)of section 118 of amended provisions of H.P. Tenancy & Land Refroms Act .1996.
Any builder who is interested in developing a housing project in Himachal Pradesh has first to register himself with the Country and Town Planning Department as a builder and then take permission under section 118 of the H.P. Tenancy and Land Reforms Act to purchase the land and take a licence to develop the property as per the norms laid down by the Government.