JUDGMENT :

G. Jayachandran, J.

1. The plaint averment in brief:-

Mr. M. Balaji, the plaintiff herein is a businessman in real estate since 2004. He had entered into agreement with land owners in and around Bangalore advancing money to them. The first defendant a businessman dealing with leather products at Chennai in the name of M/s. JAY AR Enterprises, a partnership firm approached the plaintiff expressing his interest in purchasing those properties. On 09.09.2004, the first defendant purchased 50% interest in three acres of land in S. No. 1, Giddanahalli Village, Anekal Taluk, Bangalore Rural District through the plaintiff and gained his trust. Subsequently, the first defendant expressed his interest to purchase 5 acres 22 1/2 guntas of agricultural land in Bidaraguppe Village at Sarjapur Main Road, Anekal Taluk, Bangalore Rural District, in which, the plaintiff had already acquired interest. The sale price for the said land was finalised @ Rs. 46 lakhs per acre with condition that the plaintiff should get permission for converting the usage of the said land, from agricultural t