Market value of Rural Land shall be multiplied by 2 : Govt notify

By | February 11, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]

NOTIFICATION

New Delhi, the 9th February, 2016

S.O. 425(E).—In exercise of the powers conferred by column no. 3 of serial no. 2 of the First Schedule read with sub-section (2) of section 30 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (No. 30 of 2013), the Central Government, hereby, notifies that in case of rural areas, the factor by which the market value is to be multiplied shall be 2.00 (two).

[F. No. 13011/04/2015-LRD]

HUKUM SINGH MEENA, Jt. Secy.

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