{"id":11127,"date":"2023-01-10T04:39:13","date_gmt":"2023-01-10T04:39:13","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=11127"},"modified":"2023-01-10T04:39:13","modified_gmt":"2023-01-10T04:39:13","slug":"what-exactly-is-the-land-acquisition-act-of-2013","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/what-exactly-is-the-land-acquisition-act-of-2013\/","title":{"rendered":"What exactly is the Land Acquisition Act of 2013?"},"content":{"rendered":"\n<p><strong>What is the Land Acquisition Act?&nbsp;<\/strong><\/p>\n\n\n\n<p>The Act oversees the land acquisition process and establishes the rules and procedures for providing rehabilitation, relocation, and remuneration to persons who give up their property to the government for infrastructure development. According to the Act&#8217;s provisions, the government compensates affected landowners (four times the market value of property in rural regions and twice in urban areas), making the whole process of purchasing land for the development of industries, buildings, or infrastructure projects fair and transparent. The Act also provides for the rehabilitation of impacted families.\u00a0<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Act, on the other hand, has long been controversial, owing to an imprecise interpretation of &#8216;public purpose,&#8217; thereby expanding it to the establishment of infrastructure for leisure and tourism functions such as golf courses, villas, hotels, and banquet halls.<\/p>\n\n\n\n<p><strong>Section 24 of the 2013 Land Acquisition Act<\/strong><\/p>\n\n\n\n<p>Section 24 of the LARR Act 2013 specifies when land purchase procedures are declared expired. If no compensation has been disclosed in land acquisition cases by January 1, 2014, compensation shall be decided in accordance with the LARR Act 2013. If compensation has already been given before to this date, acquisition procedures will be continued under the British 1894 Act.<\/p>\n\n\n\n<p><strong>Section 28 of the 2013 Land Acquisition Act<\/strong><\/p>\n\n\n\n<p>Section 28 addresses the amount of compensation to be granted for land acquired under this Act. This includes estimating market value and evaluating the current condition of the landowners concerned.<\/p>\n\n\n\n<p><strong>The Land Acquisition Act&#8217;s Goals<\/strong><\/p>\n\n\n\n<p>To guarantee that landowners and other impacted households experience as little disruption as possible, the procedure of acquiring land can only be performed in consultation with the local self-government and gramme sabhas.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>To guarantee that the compensation paid to impacted families is equitable.<\/li><li>Make adequate plans for the resettlement and rehabilitation of impacted households.<\/li><\/ul>\n\n\n\n<p><strong>The Act&#8217;s Purpose<\/strong><\/p>\n\n\n\n<p>Except for Jammu &amp; Kashmir, the Act applies to all Indian states. Its requirements do not apply to land purchases under 13 existing laws, such as the Special Economic Zones Act of 2005, the Atomic Energy Act of 1962, the Railways Act of 1989, and so on. It is relevant when:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The government acquires, holds, and controls land for its own purposes, including land for Public Sector Undertakings (PSUs).<\/li><li>The ultimate goal of the government acquiring property is to transfer it to private firms for a defined public purpose.<\/li><li>The government purchases property for immediate and specified use by private firms for public purposes.<\/li><\/ul>\n\n\n\n<p><em><strong>Disclaimer:&nbsp;<\/strong>The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the Land Acquisition Act?&nbsp; The Act oversees the land acquisition process and establishes the rules and procedures for providing rehabilitation, relocation, and remuneration to persons who give up their property to the government for infrastructure development. According to the Act&#8217;s provisions, the government compensates affected landowners (four times the market value of property [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[81],"tags":[147,137],"class_list":["post-11127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-legal","tag-realty-guide","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What exactly is the Land Acquisition Act of 2013? - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertypistol.com\/blog\/what-exactly-is-the-land-acquisition-act-of-2013\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What exactly is the Land Acquisition Act of 2013? - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog\" \/>\n<meta property=\"og:description\" content=\"What is the Land Acquisition Act?&nbsp; The Act oversees the land acquisition process and establishes the rules and procedures for providing rehabilitation, relocation, and remuneration to persons who give up their property to the government for infrastructure development. 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