A landowner in Nashik is seeking legal guidance concerning the acquisition of their commercially viable land for a 45-meter Development Plan (DP) road. The Nashik Municipal Corporation has issued a notice to surrender the affected land in exchange for Transferable Development Rights (TDR), stating a lack of funds for cash compensation. The landowner is questioning the legality of being compelled to accept TDR, whether the authority must initiate formal acquisition proceedings if TDR is refused, and if possession can be taken without completing these procedures or providing compensation. They are also inquiring about the feasibility of approaching the Bombay High Court pre-acquisition and if a lack of funds is a valid reason to deny cash compensation, emphasizing a desire for lawful acquisition and fair compensation.