Section 27 of LARR Act, 2013 : Section 27: Determination Of Amount Of Compensation

Explanation using Example

Imagine a situation where the government needs to acquire a piece of land belonging to Mr. Sharma for a highway expansion project. Mr. Sharma's land includes a well-constructed house and a flourishing orchard. Under Section 27 of The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, the Collector must determine the market value of Mr. Sharma's land, taking into account not just the bare land but also the value of the house and the orchard as assets attached to the land. The final compensation offered to Mr. Sharma will include the combined value of the land and its attached assets, ensuring that he receives fair compensation for the entirety of his property that is being acquired.