My client has a property on lease from the state govt and is no longer in need of it. The lease for of 99 years and a residual period of 45 years is left. He wants to know if he is entitled to any compensation or buyback from the govt if he surrenders part or all of the land back to the state? What would be the process if he is able to get some compensation? Is it directly trough Land departments or does he have to resort to litigation against the state?
His rent, taxes and duties are paid up and up to date.
