The Andhra Pradesh Government Property (Preservation, Protection and Resumption) Act, 2007
The Andhra Pradesh Government Property (Preservation, Protection and Resumption) Act, 2007
This law invalidates past state property agreements and land transfers made to a private sports academy company, restoring government ownership of valuable public lands and sports complexes in Andhra Pradesh. It applies to the state government and the private developers involved in these canceled transactions, declaring their previous deals void and contrary to the public interest. This legislation matters because it allows the state to immediately reclaim important public assets, including major athletic stadiums and hundreds of acres of prime land, while offering the private party a refund of their original investment plus twelve percent annual interest.
PDF: pending for this language.