Transfer to, for purposes of housing scheme of land vested in municipal body or

(1) [ * * * ]. (2) Where the municipal body [ * * * ] concurs, such street, square or other land or part thereof shall vest in the Board. (3) Where there is any dispute the matter shall be referred to the State Government. The State Government shall after hearing the municipal body [ * * * ] concerned, decide the matter. The decision of the State Government shall be final. If the State Government decides that such street, square or land shall vest in the Board, it shall vest accordingly. (4) Nothing in this section shall affect the rights or powers of the municipal body [ * * * ] in or over any drain or water works in such street, square or land.