Consideration for Central Government purchase: payable as the apparent consideration, but reducible for pre-vesting damage by authority order. Where the Central Government orders purchase of immovable property under section 269UD(1), it shall pay an amount equal to the apparent consideration. If, ... Summary
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Consideration for Central Government purchase: payable as the apparent consideration, but reducible for pre-vesting damage by authority order.
Where the Central Government orders purchase of immovable property under section 269UD(1), it shall pay an amount equal to the apparent consideration. If, after the transfer agreement but before vesting under section 269UE, the property is damaged (excluding normal wear and tear), the appropriate authority may, by written-order stating reasons, reduce the consideration payable.
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