Which city are you from? Please select city here.

Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Land Acquisition Bill 2013- Provisions and Compensation

Comments(2) Sub Category:Property Registration Posted On: Sep 24, 2013

Land acquisition bill 2013.The Land Acquisition Bill has finally come into force from 1 January, 2014.  The Bill – Right to fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 - was enacted in 2013 and was passed by both the houses (Rajya Sabha and Lok Sabha).  The Bill, that replaced the old “Land Acquisition Act, 1894,  addresses two very vital and contentious issues related to land acquisition:- Concerns of farmers and those families whose livelihood is dependent on the land acquired and also facilitate land acquisition for industries, infrastructure and urbanization.

Applicability of Provisions:-

(A) Both the provisions land acquisition, and Rehabilitation and Resettlement will be applicable when Govt. acquires land for any of the following 3 purposes
(1) For it’s own use holding and control
(2) For ultimate transfer to private companies for stated public purpose and
(3) Public Private Partnership (PPP) Projects.

It has been provided that public purpose once notified will not be changed and when the acquisition is meant for ultimate transfer to private companies, consent of minimum 80% of the land loosing families, and when the acquisition is for PPP consent of minimum 70% land loosing families will be required.

(B) When private companies purchase land for a project then only the provisions of Rehabilitation and Resettlement will be applicable.

Payment of compensation:-

(1) For land acquired In rural areas the compensation payable will be up to the double of the market price of the acquired land and will depend on the distance of the land from the urban area. Where land is acquired for urbanization 20% of the developed land will be reserved and offered to land loosing families at a price equal to cost of acquisition and cost of development. If land is acquired for a company then the company may offer shares up to maximum of 25% of the compensation amount.

(2) If the land to be acquired is agricultural land and is to be acquired from farmers then certain additional conditions have been contemplated such as-
(a) It can be acquired only if no other unutilized land is available and collector will have to certify it,
(b) The compensation amount payable will be up to 4 times of the highest market price of the land,
(c) Multi crop land can be acquired only as a last resort.
(d) Prior consent of at least 70% of the land losers is obtained,
(e) Unutilized acquired land is returned to the owner(s).

This article is contributed by -IndianPropertyLawyers, simplifying property 
legal services.

2 Responses to “Land Acquisition Bill 2013- Provisions and Compensation”

  1. Ranjeeth says:

    Dear sir, i really dont know the service but we are belongs to very poor family my father buy a plot in keesara mandal yadgirpally r.r.district in1996,200sq.yards its registered, till now in E.C my mothers name only…n my sister is for marriage plz help us sir..

  2. Christeen Delehanty says:

    I simply must tell you that you have written an excellent and unique article that I really enjoyed reading. I’m fascinated by how well you laid out your material and presented your views. Thank you.

Leave a Reply

CommonFloor Property Search Mobile App now available on Android, iOS and Windows!