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?

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This discussion explores whether a court can deny sale deeds of nearby land acquired by private companies to determine the market value for a new acquisition. Experts suggest the query is vague, but generally, private companies can purchase land unless it's government-owned or prohibited. The Sub-Registrar checks for government acquisition before registration. Market value calculations have various considerations, and aggrieved parties can seek a reference.

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.

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Shashikant V. Patil (Expert) 07 August 2021
Agreed with the
expert's view.

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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.

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