India’s biggest farmer is in hot water after he sold a 30-acre plot of land to an investor.
The land, valued at Rs 50 lakh, is situated on a small farm in Bhandara village in Uttar Pradesh’s Rajasthan district.
But after his family got wind of his intention to buy it, the land has been declared as surplus.
The plot was worth Rs 50,000 to Rs 60,000 in 2016, but the family decided to sell it to a local businessman and the land was sold for Rs 60 lakh in March 2017.
According to sources, the owner of the land in Bhattarai, a village in the Rajasthani district of Uttar Pradesh, sold the land to a group of private investors who bought the plot in August.
The family’s land, which is situated in a small plot, is worth Rs 30 lakh to Rs 40 lakh in the 2016 financial year, according to sources.
The property belongs to a family of four, with two sons and two daughters.
According, the family has been selling the land for a few months now, and the property is worth about Rs 20 lakh, but they were hoping to sell this land for Rs 30,000-40,000.
The family is looking to make a profit on the sale, but it will take more time for the sale to be approved, said sources.
A senior official from the state government said the land is surplus, but he would not reveal its exact value.
“It is not a very big land plot, but if it is worth over 30 lakh, we will give it a fair price,” he said.