Vidhi Codex

section 27

Determination of amount of compensation

The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (Gujarat Amendment) Act, 2013
Civil2013117 sections13 chapters
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Part V INQUIRY AND LAND ACQUISITION AWARD

Statutory text

Determination of amount of compensation

  1. (1) The Collector shall adopt the following criteria in assessing and determining the market value of the land, namely:
    • (a) the market value, if any, specified in the Indian Stamp Act, 1899 (2 of 1899) for the registration of sale deeds or agreements to sell, as the case may be, in the area, where the land is situated; or
    • (b) the average sale price for similar type of land situated in the nearest village or nearest vicinity area; or
    • (c) consented amount of compensation as agreed upon under sub-section (2), in case of acquisition of lands for private companies or for public private partnership projects, whichever is higher:

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