(1) In a Local Planning Area listed at Appendix-I if any Public Authority requires any "Area" for public purpose, it shall notify the same in Form-I stating the facts of the Area required by the authority specifying the limits of the Area along with the statement specifying the land which is required to be acquired in lieu of compensation under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (Central Act 30 of 2013) and entitled to be granted Development Rights in the Official Gazette and in one or more newspapers circulating within the Local Planning Area as the Public Authority deems fit.
(2) The Public Authority intending to obtain Development Rights in favour of owners under sub-section (4) of Section 14B of the Act shall within six months from the date of notifying the ‘Area’ apply to the Planning authority in Form-II for Development Right Certificate with relevant 2 documents such as, list of land owners who have given the option letter, ownership documents, photograph of the existing building etc., along with the Deposition Amount, where applicable, to the Planning Authority.
(3) The Planning Authority under sub-section (5) of section 14 B of the Act shall publish in Form -III within thirty days of remittance of Deposition Amount by the Public Authority the list of owners who have opted for Development Rights in lieu of monetary compensation inviting objections and suggestions from the public within a period of thirty days from the date of its publication in one or more daily newspapers circulated within the Local Planning area.
(4) The Planning Authority under sub-section (9) of section 14 B of the Act shall consider and verify the objections and suggestions received under sub-rule (3) above and inform the Public Authority the quantum of Development Rights that the owners are entitled to. The Public Authority shall obtain the registered relinquishment deed in Form-XII from the eligible land owners who have consented for Development Rights so offered after verifying the relevant documents as per Form-IV in favour of the Public Authority for issue of Development Right Certificate within fifteen days and intimate the same to the Planning Authority.
(5) On receipt of the information from the Public Authority having execution of relinquishment deeds from the eligible land owners, the Planning Authority shall grant the Development Rights in Form V through Public Authority within thirty days from the date of information received from the Public Authority. The details of the Development Rights so issued shall be uploaded on the website of the Planning Authority.