15 Land Acquisition · 15.3 RFCTLARR Act 2013: compensation and R&R

15.3.3 RFCTLARR Sections 29–30: assets attached to land, 100% solatium and 12% additional amount

The Collector values buildings, trees and crops on the land with experts (s.29), adds a solatium of 100% of the compensation for the compulsory nature of acquisition (s.30(1)), and pays an additional 12% per annum on the market value from the SIA notification (s.4(2)) to the award or possession, whichever is earlier (s.30(3)).

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Key terms

  • section 29
  • assets attached to land
  • buildings
  • competent engineer
  • trees and plants
  • standing crops
  • section 30
  • solatium
  • 100 per cent
  • compulsory acquisition
  • individual awards
  • section 30(3)
  • additional amount
  • 12 per cent per annum
  • SIA notification section 4(2)
  • award or possession whichever is earlier
  • section 96 tax exemption

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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