Amendment status not verified — confirm the current text below against the official source.
The Authortty may acquire any movable or Immovable property by purchase, exchange, gift. lease. mortgage, negotiated settlement, or by any other means permissible under any law. A~lsllionof 39. The Authority may acquire land by mutual agreement by payjng such amount ~ and also on such other terms and conditions as may be agreed upon th.rough 9C:tlJa'ICot negotiated settlement In such manner as may be prescribed. P~to 4-0. Any land required. reserved or designated lo any development plan shall be ICqUire i-s deemed to be the land needed for publtc purpose within the meaning of the Right to Fair Compensation and Transparency in Land Acquisition, under prevailing RehabUltation and Resettlement Act. and may be acquired by the Government on the request by the Authority or other authority or functional unit. Cr1lllioD lllCI