Section 42(3)

If such owner fails to make such payment under sub-section (2) within the prescribed period, the Town and Country Development Authority shall acquire the Final plot of such defaulter and apportion the compensation among the owner and other persons interested in the plot on payment by the Town and Country development Authority of the value of such plot estimated at its market value at the date of the declaration of intention to make a scheme and without reference to improvements contemplated in the scheme; and thereupon the plot included in the final scheme shall vest absolutely in the Town and Country Development Authority free from all encumbrances but subject to the provisions of this Act: Provided that the payment made by the Town and Country Development Authority on account of the value of the original plot shall not be included in the costs of the scheme.