A. As per the new Land Acquisition Act, to provide just and fair compensation to those whose land is taken away for constructing roads, buildings or factories etc.The Act, meant for bringing transparency to the process of acquisition of land, provides for generous compensation and rehabilitation of those affected by the takeover.
B. Generally, The Special Land Acquisition officer or Collector would be fixed compensation as per the market value. Hence, If you are not satisfied regarding compensation, you can approach the court to get more compensation against the decision of the land acquisition officer or collector.
C. Additionally, The Collector cannot pass an award unless entered into agreement with Land Owner. Hence In the 2004 case, the Supreme Court had held that when the award is made by the collector, the proceedings before him stand terminated as soon as the award is made. The provision of entering into an agreement is attracted only if the collector has not passed the award and the proceedings before him were still subsisting, the apex court had held.