Acquisition and Disposal of Land

Acquisition and Disposal of Land.—

1. (1) Any land required, reserved, or designated in a Development Plan, prepared under this Act shall be deemed to be land needed for a public purpose. Such land may be procured by the following ways:
   • (a) acquisition by way of Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, or The National Highways Act, 1956, or any other land acquisition law in force from time to time.
   • (b) acquisition by way of Land Purchase Policy.
   • (c) acquisition by way of Negotiated Settlement.
   • (d) acquisition by way of Transferable Development Right.
   • (e) acquisition by way of Lease Policy.
   • (f) acquisition by way of Town Planning Scheme.
   • (g) acquisition of Land and Built-Up Space by way of Accommodation Reservation.
2. (2) The Authority may allot, lease, license, transfer or otherwise dispose of land in accordance with regulations made under this Act; land shall ordinarily be allotted on long-term leasehold basis; and the Authority may permit conversion of leasehold rights into freehold rights subject to payment of the prescribed charges.