LS Takes Up Bill To Amend Law On Govt Acquiring Land For Defence
A Bill for amending regulations governing compensation amount payable for acquisition of immovable property by the Central government for defence and security purposes was moved in the Lok Sabha on December 19.
The Requisitioning and Acquisition of Immovable Property (Amendment) Bill, 2017, was moved by Urban Development Minister Hardeep Singh Puri.
The Bill seeks to amend a provision to allow the Centre to re-issue the notice of acquisition to ensure that property owners get an opportunity to be heard. According to the government, there could be situations that result in prolonged litigations, and, if the apex court quashes the notice of acquisition, there might be astronomical raise in compensation amount on account of market value appreciation.
Against this backdrop, the Bill seeks to amend a Section of the Act to "enable the Central government to re-issue the notice of acquisition to the owner or such other person interested in the property, for the purpose of giving an opportunity of being heard".
With inputs from Housing News