What Is The Procedure For Land Acquisition?

by | Last updated on January 24, 2024

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Land acquisition is normally done in three ways:

Acquisition under Right to Fair Compensation and Transparency in Land Acquisition

, Rehabilitation and Resettlement Act, 2013. Private negotiations with the landowners. Acquisition through other Acts.

What is the preliminary step in acquisition of land?


Filing of objections

[edit] The main objective of issuing preliminary notification is to call for objections, if any, against such acquisitions from the owners or others who are having certain interest over the property; giving them an opportunity to raise their claims against the move of the government for acquiring …

What is the process of land acquisition?

Land acquisition is normally done in three ways:

Acquisition under Right to Fair Compensation and Transparency in Land Acquisition

, Rehabilitation and Resettlement Act, 2013. Private negotiations with the landowners. Acquisition through other Acts.

What is the punishment for land acquisition?

Whoever wilfully obstructs any person in doing any of the acts authorised by section 4 or section 8, or wilfully fills up, destroys, damages or displace any trench or mark made under section 4, shall, on conviction before a Magistrate, be liable to

imprisonment for any term not exceeding one month, or to fine not

How compensation is calculated in land acquisition?

Acquisition Awards

The new Act stipulates that the minimum compensation is to be

a multiple of the total of the ascertained market value, plus value of the assets attached to the property, plus a solatium equal to 100% of the market value of the property including value of assets

.

What is the main purpose of land acquisition?

Land acquisition is the power of the union or a state government in India to acquire private land for the purpose of

industrialisation, development of infrastructural facilities or urbanisation of the private land

, and to compensate the affected land owners for their rehabilitation and resettlement.

What is first stage of land acquisition?

When a government intends to occupy a land in any locality is has to issue a

notification

under Section 4 in the official gazette, newspaper and give a public notice which entitles anyone on behalf of the government to enter the land for the purposes of digging, taking level, set out boundaries etc.

What is the cost of acquisition under Land Acquisition Act?

1. What is meant by cost of acquisition? Cost of Acquisition (COA) means

any capital expense at the time of acquiring capital asset under transfer

, i.e., to include the purchase price, expenses incurred up to acquiring date in the form of registration, storage etc. expenses incurred on completing transfer.

What is Section 23 of Land Acquisition Act?

—The Government may,

on the request of the land-owner, agree to give in exchange any Government land the cost of which is, in their opinion, equal to the amount payable for the land acquired

, or agree to pay an amount for a portion of the land acquired and for the remaining portion give Government land the cost of …

What is the new Land Acquisition Act?

What is the new Land Acquisition Act? The Land Acquisition, Rehabilitation and Resettlement (LARR) Bill, 2011, is

a law that lays down various provisions and directions to be followed, while acquiring land anywhere in the country

.

What are the disadvantages of land pooling method?

  • Unsuitable and scattered subdivisions delay the development of the private sector.
  • The old urban structures need to be rearranged.
  • An extra provision is required for the infrastructure as well as services.

What is Section 6 of Land Acquisition Act?



Where compensation to be awarded for such property is paid or to be paid out of any money provided by the State Government to a company

, being a corporation owned or controlled by the State, whether provided as loan, grant or otherwise howsoever, for the purpose of payment of the whole or part of the compensation, …

What is Section 4 in land acquisition?

(iv)

no person “entitled to act” shall be competent to receive the compensation-money payable to the person for whom he is entitled to act

unless he would have been competent to alienate the land and receive and give a good discharge for the purchase-money on a voluntary sale.

What are the four types of compensation?

The Four Major Types of Direct Compensation:

Hourly, Salary, Commission, Bonuses

. When asking about compensation, most people want to know about direct compensation, particularly base pay and variable pay. The four major types of direct compensation are hourly wages, salary, commission and bonuses.

How just compensation is determined?

Determination of Just Compensation. — In determining just compensation,

the cost of acquisition of the land, the current value of like properties, its nature, actual use and income

, the sworn valuation by the owner, the tax declarations and the assessment made by the government assessors shall be considered.

Who is responsible for land acquisition?

(i)

The Central Government (i.e. the Ministry of Road Transport & Highways)

appoints the Competent Authority for Land Acquisition (CALA) in exercise of its powers under Section 3(a) of the NH Act, 1956.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.