Section 26 of LARR Act, 2013 : Section 26: Determination Of Market Value Of Land By Collector
LARR Act, 2013
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Explanation using Example
Imagine a scenario where the government needs to acquire land for a new highway project. The land in question is owned by Mr. Sharma, and it is located in a rural area near a small village.
The Collector, responsible for determining the compensation for Mr. Sharma's land, would refer to Section 26 of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. The Collector would assess the market value by looking at:
- The value specified for the land registration in the Indian Stamp Act, if available.
- T...
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