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How to convert residential property into commertial property


17-Jul-2023 (In Property Law)
How to convert residential property into commertial property? What are the formalities to be done?
Answers (2)

Answer #1
621 votes
Every State has its own law, so you need to tell in which state your property is situated. And also what type of Commercial Activity you intend to commence. Depending on the nature of business, it may also be necessary to obtain permission from the local municipal authority for conversion of flat into commercial establishment. Once your property is marked as commercial property you will have to pay more on your property tax, water and electric supply.
Answer #2
938 votes
Firstly you approach the local Municipal office with your concern and reason for converting your residential property into commercial property. As in one building the both types of property can be made. But there are different policy for both. So you approach the local municipal office.

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