(2) In addition to the market value of the land, as above provided, the Authority shall in every case award an amount calculated at the rate of twelve per cent. per annum on such market value for the period commencing on and from the date of the publication of the preliminary notification under section 11 in respect of such land to the date of the award of the Collector or the date of taking possession of the land, whichever is earlier.
Explanation.--In computing the period referred to in this sub-section, any period or periods during which the proceedings for the acquisition of the land were held up on account of any stay or injunction by the order of any Court shall be excluded.
(3) In addition to the market value of the land as above provided, the Authority shall in every case award a solatium of one hundred per cent. over the total compensation amount.
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Section 1 · Short title, extent and commencement.Section 2 · Application of Act.Section 3 · Definitions.Section 4 · Preparation of Social Impact Assessment study.Section 5 · Public hearing for Social Impact Assessment.Section 6 · Publication of Social Impact Assessment study.Section 7 · Appraisal of Social Impact Assessment report by an Expert Group.Section 8 · Examination of proposals for land acquisition and Social Impact Assessment report by appropriate Government.India Code, Government of India. Text fetched 10 Oct 2026. Source metadata reports last modification: 2019-12-02. Check the linked official text and subsequent notifications when applying a provision.