Land acquisition act
Anonymous
(Querist) 07 August 2021
This query is : Resolved
Whether court can deny sale deeds of nearest land acquired by private companies (outside state) in order to ascertain the market value of land which is to be acquired?
Dr J C Vashista
(Expert) 07 August 2021
The facts posted are vague and confusing.
What is the correlation of sale transaction of nearby property stated to have been acquired by a private company/party (non-government)?
Before registration the Sub-Registrar has to confirm whether the property involved in transfer is not (NOT) under acquisition by government under the local i.e., state / Union law i.e. Land Acquisition Act, 2013
Consult a local prudent lawyer for better appreciation of facts and professional advise.
kavksatyanarayana
(Expert) 07 August 2021
Yes. Your query is vague. However, to my understanding, what is the nature of the land to be acquired by the private company? If the company is acquiring private land from the owners of that land, can purchase it. But if the land is a Government/Assigned/prohibited, then the Sub Registrar automatically refuses to register such land.
P. Venu
(Expert) 11 August 2021
There are many a considerations in computing market value. If aggrieved, you have the option for seeking reference.
