Amendment status not verified — confirm the current text below against the official source.
1[(1) The area development authority or any other authority for whose purpose land is designated in the final development plan for any purpose specified in clause (b), clause (d) clause (f), clause (k), clause (n) or clause (o) of sub-section (2) of section 12, may acquire the land,- (a) by an agreement, or; (b) in lieu of any development right by granting the owner H-86-4 against the area of land surrendered free of cost and free form all encumbrances; (c) under the provisions of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013.] 30 of 2013. (2) If the land referred to in sub-section (1) is not acquired by agreement within a period of ten years from the date of the coming into force of the final development plan or if proceedings under the Land Acquisition Act, 1894 are not commenced within such period, the owner or any person interested in the land may serve a notice on the authority concerned requiring it to acquire the land and if within six months from the date of service of such notice the land is not acquired or no steps are commenced for its acquisition, the designation of the land as aforesaid shall be deemed to have lapsed. I of 1894 Revision of development plan.